Taikang Life Insurance Co., Ltd. was established in 1996, headquartered in Beijing, with 39 branches in China, covering insurance and financial services.
Taikang Life Insurance has been committed to providing professional and high-quality life insurance services for the working class, and advocates the modern life view, modern consumption view and family values of youth, health, fashion and happiness.
An insurance company refers to a company as a legal person established in accordance with the Insurance Law and the Company Law. Insurance companies collect premiums, invest the premium capital in bonds, stocks, loans and other assets, and use the income of these assets to pay the insurance compensation determined in the policy. Through the above business, insurance companies can get high return on investment, provide customers with appropriate insurance services at lower premiums, and make profits.
The business of insurance companies is divided into two categories:
(1) Personal insurance business, including life insurance, health insurance and accident insurance.
(2) Property insurance business, including property loss insurance, liability insurance, credit insurance, guarantee insurance and other insurance business. Insurance companies in China are generally not allowed to operate life insurance business and property insurance business at the same time.
Insurance companies are companies that sell insurance contracts and provide risk protection. An insurance company refers to an economic organization that operates the insurance industry. Insurance companies refer to commercial insurance companies established with the approval of China Insurance Regulatory Authority and registered according to law, including direct insurance companies and reinsurance companies.