1, different business scope: PICC is a large insurance company, mainly engaged in property insurance business, including auto insurance and house insurance. , and also began to involve health insurance and life insurance business. PICC Health is a financial insurance company jointly sponsored by China PICC and German Health Insurance, mainly engaged in health insurance business.
2. Different areas of concern: PICC is mainly engaged in property insurance business, while PICC Health focuses on health insurance business.
3. Insurance is an economic compensation system for accidental losses caused by danger. According to the provisions of the Insurance Law of People's Republic of China (PRC), insurance refers to the commercial insurance behavior that the applicant pays the insurance premium to the insurer according to the contract, and the insurer bears the liability for the property loss caused by the accident agreed in the contract, or when the insured dies, suffers from disability, illness or reaches the age and time limit agreed in the contract.