Is China Insurance Really Insured? Which is the most reliable insurance company in China

Insurance has only really developed in China for decades, and there is still a long way to go for foreign countries to have hundreds of years of experience, and it is necessary to build foreign insurance into a socialist insurance industry with specific characteristics, which is in line with China's reality, not only life insurance, but also all aspects of property insurance. It takes a long time to build and innovate in practice.

China's insurance is equivalent to insurance, from the China Banking and Insurance Regulatory Commission's entry thresholds for insurance companies, licenses, solvency regulations, and insurance laws, which are the most stringent and insurable in the world. The insurance product itself will not fool people, and the professionalism of the insurance person is very important, for customers, whether you believe in professionalism or believe in the favor sheet, is very important.

More or less a kind of security, at least better than nothing.

It is a kind of protection, in the event of an accident on your own, although the claim process may not be very good, but you will still settle the claim.

Protection insurance also provides a savings function, and the function of returning the principal at maturity is written into the clause, so there is not much controversy about this. At present, the hot-selling products, even if they do not have the function of saving and returning the principal, the cash value is relatively high, and if the policy is surrendered later, in most cases, you can receive more than the amount of money paid, so the controversy is not very large.

Definitely, first meet the life insurance, and then consider that the property insurer is the creator of wealth, and without people's preservation, there will be no accumulation of wealth. Therefore, the security of the person is always more important than the security of the wealth.

Some people say that insurance is **, and some people say that insurance is a pit. I have also bought insurance for all kinds of things in my own home, three cars at home, property insurance at home, accident insurance for travel, social security, supplementary medical care, and serious illness.

It should play a more important role as a powerful supplement to social security, with the existing economic capacity to pay premiums, to ensure that individuals and families have greater affordability when risks come. Therefore, the purpose of our insurance is first and foremost to protect, not to make money.

It is considered a kind of security, and if there is, the cost of ** may not cause such a burden to the family; Maybe the patient will eventually leave the world, but the life insurance benefit may help the family through the financial difficulties!

Ping An Insurance of China, Chinese Life Insurance, Pacific Insurance, Sunshine Life Insurance and Tianan Insurance are all insurance companies with strong protection, good reputation, customer peace of mind and reliability.

1. Ping An Insurance of China:

Ping An Insurance (Group) of China was established in 1988.

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Founded in Shekou, Shenzhen, it is the first joint-stock insurance company in China, and has developed into an integrated, close and diversified comprehensive financial service group integrating financial and insurance, banking, investment and other financial businesses.

2. Chinese Life Insurance:

Chinese Life Insurance (Group) Company (hereinafter referred to as Chinese Life Insurance or Chinese Life Insurance Insurance) is a state-owned super-large financial and insurance enterprise, headquartered in Beijing, the world's top 500 enterprises, China's top 500 brands, is a leading financial enterprise.

3. Pacific Insurance:

China Pacific Insurance, also known as Pacific Dongqi Insurance, referred to as China Pacific Insurance or Shirt Taibao, formerly known as China Pacific Insurance Company, was established on May 13, 1991, and is a national joint-stock commercial insurance company approved by the People's Bank of China. In 2001, according to the approval of the reform of the system of the division of business institutions of China and the China Insurance Regulatory Commission.

The subject wants to know which insurance company in China is the most reliable, probably because he thinks that the insurance company is an important factor in determining whether we can buy the right insurance, and many friends will take it for granted that the "big insurance company" that we often hear is the most reliable.

In fact, the insurance companies that can be established in China are very reliable. Because the establishment of an insurance company needs to be strictly reviewed by the China Banking and Insurance Regulatory Commission, the conditions for its establishment are also very strict, not only the registered capital must reach more than 200 million yuan of paid-in capital, but also the ability of managers also has strong requirements. After the establishment of an insurance company, it must also disclose all kinds of information in a timely manner and accept the supervision of the CBIRC at all times.

In addition, the quality of insurance products is not necessarily proportional to the size and reputation of the insurance company, and many obscure insurance companies will focus more energy and resources on designing products, and it is easier to launch cost-effective products. Therefore, we do not need to pay too much attention to the size of the insurance company when buying insurance, but choose the product that suits us based on our own protection needs and actual economic situation. For those who don't know how to choose a product, don't miss this article:

Insurance] which is good, how to buy a good deal, hand in hand to teach you to avoid these pitfalls of insurance.

If you really want to know how to choose an insurance company, then you can usually judge from the solvency and claims service of the insurance company. First of all, the China Banking and Insurance Regulatory Commission stipulates that when an insurance company has a core solvency adequacy ratio of 50%, a comprehensive solvency adequacy ratio of 100%, and a comprehensive risk rating of B, it can only be considered to meet the standard.

Secondly, claims service is also an important indicator to measure the quality of an insurance company. You can check the claim commitment on the official website of the insurance company to understand its claim process and claim timeliness. Senior sister here's a ranking of insurance companies' claims, you may wish to refer to it:

Top 10 insurance companies in terms of claim amounts.

In China, all insurance companies are reliable and trustworthy. First of all, in China, the establishment of an insurance company is very strict, and the registered capital alone must not be less than 200 million yuan. In addition, in China, all insurance companies are under the supervision of the China Banking and Insurance Regulatory Commission, so they are reliable and trustworthy.

Freshly baked! China's Top 10 Insurance Companies Ranking Envy!

Domestic insurance companies are basically safe and reliable. Because no matter how big or small an insurance company is, it must go through layers of screening by the China Banking and Insurance Regulatory Commission before it can be established. Moreover, the market behavior of insurance companies will be subject to the dual supervision of the China Banking and Insurance Regulatory Commission and the law to ensure that the behavior of insurance companies is standardized, so there will generally be no malicious deception.

If you have friends who feel unreliable and deceitful because they haven't heard much of this company, you might as well take a look at this popular science article first to clarify the misunderstanding:Is it better to buy insurance for a large company or a small company?

Why is China's insurance company safe and reliable? First of all, the threshold for the establishment of an insurance company is high, and many conditions must be met: the minimum registered capital is 200 million yuan and must be paid-in monetary capital; The major shareholders have sustained profitability, good reputation, and no major violations of laws and regulations in the last three years.

If the company's qualifications are not up to standard, it is difficult to enter the insurance industry.

The second is that the China Banking and Insurance Regulatory Commission (CBIRC) strictly supervises the operation of insurance companies. The China Banking and Insurance Regulatory Commission (CBIRC) will supervise insurance companies in capital operations, corporate governance, and the appointment and dismissal of senior executives. There are strict restrictions on the investment of insurance funds, and they are subject to real-time dynamic monitoring of solvency.

If there is a risky behavior, the insurance company will be ordered to rectify it.

Finally, the policy is stable. If the solvency of the insurance company is seriously insufficient or violates the law, the regulator can take over according to the law. If an insurance company does go bankrupt, there is a bankruptcy transfer mechanism, and other insurance companies will take over the policy and protect the legitimate rights and interests of the insured or beneficiary.

Therefore, there are many security mechanisms for insurance companies in China to safeguard the legitimate rights and interests of consumers. However, as a consumer, if you want to better understand an insurance company, you also need to look at these aspects:When we look at insurance companies, what exactly do we look at?

The insurance company is reliable, but it does not mean that the products sold must be suitable for oneself insurance. People who usually think that they have been deceived when buying insurance may have bought a product that is not suitable for them, or they have not paid attention to the terms of the insurance, resulting in disputes when making a claim. It is recommended that you collect this insurance guide to help you buy the right insurance and avoid detours:

Insurance] which is good, how to buy a good deal, hand in hand to teach you to avoid these pitfalls of insurance. Hope.

How to choose a reliable insurance company?

1. There are four listed insurance companies in China (China Pacific, Ping An of China, Chinese Life, Xinhua) 2. Only three of the four are comprehensive insurance companies (China Pacific, Ping An of China, and Sui Ran Chinese Life) (Note: Xinhua Insurance Company cannot do car insurance).

3. Only two of the three companies are listed on the group situation (China Pacific, China Ping An) 4. Only one of the two is a state-controlled insurance company (China Pacific) and China Taiping Dusty Ocean Insurance Company.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

Insurance is real, and so is its protection. Insurance refers to a way of exchanging risks, especially when it comes to non-admissible risks. Insurance companies exchange premiums for some form of compensation or protection for their customers.

The original insurance was created by seafarers and dock workers who transported goods from one port to another and paid insurance premiums for risk-prone jobs.

The concept of insurance has been expanded to many fields, including medical insurance, car insurance, home insurance, and many more. In these cases, the insurer provides protection to offset the uncontrollable risks and uncontrollable factors. However, different types of insurance have their own limitations and terms.

Insurance companies usually list the scope and limitations of coverage, as well as the conditions that need to be complied with, in the insurance contract.

Of course, there are also some defects in the actual operation process, which brings a lot of trouble and bad experience to customers. For example, an insurance company may refuse to pay or make a small amount of compensation. In some special circumstances, there will also be problems with the review mechanism of the insurance public limb model division, resulting in problems such as malignant withdrawal.

Moreover, when it comes to buying insurance, people need to follow certain processes and procedures, which also limits people's confidence in purchasing.

To sum up, insurance is real, including its protection and risk exchange mechanism. However, there are also many restrictions and constraints in the implementation of insurance, which require people to be vigilant and choose the right market plan to maximize the benefits. <>