The popularity of Guohua Life Insurance is not high, and many friends who don't pay attention to insurance haven't even heard the name of this company.
But many friends ask me, which is better, Xinhua Life Insurance or Guohua Life Insurance? Which is better for critical illness insurance? Let's test it and find out!
Before starting the analysis, you may wish to know the evaluation criteria of excellent critical illness insurance:
"Good critical illness insurance long like this! You have been cheated for so many years ... "
1. What are the advantages of Xinhua Life Insurance and Guohua Life Insurance?
Want to know the strength of insurance companies, mainly look at two points: the company's hard power and solvency.
1. Company strength
New china life insurance co Co., Ltd. (hereinafter referred to as Xinhua Life Insurance) was established in September, 1996. It is a large life insurance company headquartered in Beijing.
In 2020, Xinhua Life achieved a total premium income of1595.10/billion yuan, an operating income of 206.538 billion yuan and total assets of 1004376 billion yuan, ranking among the Fortune China and Forbes Double 500 companies for many years.
Xinhua Life Insurance has established a nationwide sales network with 36,309 back-office employees and 606,000 salesmen, providing comprehensive life insurance products and services to 33.205 million individual customers and 88,000 institutional customers.
Guohua Life Insurance Co., Ltd., referred to as "Guohua Life Insurance", was established in 2007 with a registered capital of 4.846 billion yuan and is headquartered in Shanghai.
By the end of 65438+February in 2020, Guohua Life Insurance had total assets of 232.772 billion yuan and net assets of 27.42 billion yuan.
Guohua Life Insurance has formed an efficient network layout covering the whole country, and has set up 18 provincial branches in Shanghai, Beijing, Tianjin, Henan, Hebei, Zhejiang, Shandong, Guangdong, Jiangsu, Hubei, Liaoning, Chongqing, Sichuan, Shanxi, Hunan, Qingdao, Shenzhen and Anhui.
On the whole, Xinhua Life Insurance and Guohua Life Insurance have absolute strength. However, the brand of Xinhua Life Insurance is louder in many people's minds, and Guohua Life Insurance is slightly inferior to it in capital and scale.
2. Solvency
Whether the insurance company can afford the insured amount agreed in the contract is the solvency of the insurance formula.
The premise of the solvency of an insurance company is to meet these three conditions at the same time:
The core solvency adequacy ratio is above 50%;
The comprehensive solvency adequacy ratio is above 100%;
The comprehensive risk rating is above Grade B..
In the two reports of 202 1, we can easily see that the risk rating of Xinhua Life Insurance is A, while that of Guohua Life Insurance is B.
Let's take a look at the solvency data of these two insurance companies.
New China Life Insurance 202 1 First Quarter Solvency Information:
Guohua life insurance 1 quarterly solvency information 202 1:
From the above picture, Xinhua Life Insurance is the winner of Guohua Life Insurance in terms of solvency.
However, both of them are far above the passing line level, so don't worry about losing money.
The above seniors only chose two commonly used standards to compare Xinhua Life Insurance and Guohua Life Insurance, which are effective in space. If you want to know more about the comparison between the two companies, let's take a look at what the experts say:
"Xinhua Life PK Guohua Life Insurance, the result is actually like this! 》
As can be seen from the above, Xinhua Life Insurance and Guohua Life Insurance are not weak, but the former is slightly better.
So which of the two insurance companies has the advantage in critical illness insurance? Let's continue to explore!
2. Which is better, Xinhua Life Insurance or Guohua Life Insurance?
Therefore, Senior Sister found two excellent critical illness insurance companies-Health C6 of Xinhua Life Insurance and Health Lifelong Edition of Guohua Life Insurance for comparative analysis.
You can have a look at the protection comparison chart:
Senior sister will compare and analyze these two critical illness insurance products from the aspects of security rules and security content.
1. Which insurance rules are better?
Let's take a look at the range of insurable age. The upper limit of insurable age of healthy and worry-free C6 is 60 years old, but the maximum insurable age of healthy and life-long version cannot exceed 50 years old. In contrast, the healthy and worry-free C6 seems to have a wider age range and is more friendly to the elderly.
The longest payment period of these two products is 30 years, which is equal.
However, the waiting period of healthy and worry-free C6 is as long as 180 days, and the waiting period of healthy life version is only 90 days. To put it bluntly, if we buy a healthy and worry-free C6, the time we have to take risks is not even guaranteed by ourselves, which is far more than double that of our friends who buy lifelong health benefits. It's really unbearable to look directly at it.
However, in terms of insurance rules, health care C6 and life-long version of health benefits still have their own shortcomings, and their abilities are almost the same.
2. Which content is better?
In terms of basic protection, both Healthy and Worry-Free C6 and Healthy and Happy Lifelong Edition have achieved complete protection for serious illness, moderate illness and mild illness.
The compensation standard for C6 serious illness is the maximum of the insured amount, premium and current price, which can effectively prevent the premium from being "upside down" and better safeguard the rights and interests of consumers.
Users who purchase life-long health benefits can get 100% of the basic insurance amount for serious illness compensation. Of course, there will be an additional 30% coverage in the event of an insurance accident in the first ten years of the policy. If consumers buy 500,000 yuan, they can get 650,000 yuan in case of serious illness in the first ten years of the policy, and the compensation is quite good.
The proportion of CSI claims. These two types of critical illness insurance have achieved 50% basic protection.
There are more claims for C6 minor ailments, and the first two claims for Health Care Lifelong Edition are still relatively high, each with its own advantages.
On the whole, in terms of basic security, life-long health benefits are stronger than health-free C6.
There is a lifelong version of health and longevity. Interested friends may wish to take a look at this product first and find out:
"I heard that Guohua National Health Welfare 202 1 is particularly good? That's because you haven't found this pit yet! 》
Third, summary.
Generally speaking, although Xinhua Life Insurance is better than Guohua Life Insurance, its ace critical illness insurance is really average and better than Guohua Life Insurance.
Of course, the senior didn't say that the critical illness insurance of Xinhua Life Insurance is not as good as that of Guohua Life Insurance. When we buy insurance, we should consider ourselves and only the products that suit us.
Xinhua Life Insurance and Guohua Life Insurance are both very good. If you value their critical illness insurance products, you can buy them with confidence.
Write it at the end
I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;
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