Minsheng Life Insurance Co., Ltd. was established in 2003 with a registered capital of 6 billion yuan. Its main business scope includes: life insurance, health insurance, accidental injury insurance, reinsurance business of the above insurance business and fund utilization business.
According to the data reported in the second quarter of 2022, the core solvency adequacy ratio of Minsheng Life Insurance Company reached 230%, the comprehensive solvency adequacy ratio reached 298%, and the comprehensive risk rating in the last quarter reached BBB level.
It can be seen that Minsheng Life Insurance Company has reached the standard of CBRC. What about their health insurance products? If you want to know, you can look here: What is the strength of Minsheng Insurance Company? Can you buy these hot-selling products?
In fact, not only Minsheng Life Insurance Company is reliable, but also mainland insurance companies are reliable. Everyone should know that an insurance company can't open it if it wants to. The business license of an insurance company is very valuable and difficult to get. According to Article 69 of the Insurance Law, the minimum registered capital of an insurance company is RMB 200 million, and it must be paid-in monetary capital. In other words, the registered capital of 200 million yuan is real money, not assets such as land use rights and intellectual property rights.
In addition to strict conditions for the establishment of insurance companies, the supervision of insurance companies in China Banking and Insurance Regulatory Commission is also very strict. Every quarter, China Banking and Insurance Regulatory Commission will assess all insurance companies.
To say the least, if an insurance company really goes bankrupt, other insurance companies will take over its business and continue to perform the insurance responsibilities of the original policy. If you are still a little worried, you can look at a more detailed explanation here: the insurance company is bankrupt, what about the insurance you bought?
Let's take the critical illness insurance enjoyed by Minsheng Life Insurance as an example. Its waiting period is short, and there are many small claims, but the interval between small claims is long, and there are still many claims for cancer.
So when we buy health insurance, we can't just look at the strength background of the insurance company. The most important thing is to pay attention to the insurance products themselves. For example, if you buy critical illness insurance, you should pay attention to whether it includes optional responsibilities such as high incidence and mild illness, extra compensation for critical illness insurance, and value-added services. Space is limited, so I won't repeat them one by one. There are more details about how to buy insurance. My senior arranged them in this guide: what kind of insurance is good, how to buy it is cost-effective, and teach you how to avoid these pits of insurance.
Hope to adopt!
The same number on the whole network: Xueba said insurance, welcome to search.