Minsheng Life Insurance was established in June 2003 with a registered capital of 6 billion yuan. At present, the company has set up dual headquarters in Beijing and Shanghai, with subsidiaries such as Minsheng Tonghui Asset Management Co., Ltd. and Tonghuikang Yang You Co., Ltd., whose business covers life insurance, health insurance and accidental injury insurance.
1. What is the strength of people's livelihood insurance?
By the end of February 20 18, 18, Minsheng Insurance Company had 25 branches and nearly 800 service outlets in China. At the end of 20 18, the company realized that the original insurance premium income exceeded11500 million yuan, and the total assets were nearly11000 million yuan, making profits for nine consecutive years.
Although there is still a big gap compared with the first-line insurance companies such as China Life Insurance, Ping An Insurance and Pacific Insurance, the company itself is not weak, with stable development and considerable prospects.
Second, the solvency of people's livelihood insurance
Solvency is the basic index to measure the financial situation of insurance companies, which represents the ability of insurance companies to repay debts. The higher the solvency, the less likely the insurance company will go bankrupt.
It can be seen that the comprehensive solvency of Minsheng Insurance is 26.8%, and its comprehensive risk rating is Grade A, far exceeding the passing line set by China Banking and Insurance Regulatory Commission, and it has performed well. In addition to Minsheng Life Insurance, I sorted out the insurance companies with higher solvency. How is China Life? Do you have any insurance recommendations?
3. What products does Minsheng Life have?
Minsheng Insurance mainly deals in life insurance, critical illness insurance, medical insurance, accident insurance and other personal insurance businesses. You can see several products currently on sale in the table below:
What about its products? Is it worth buying?
I will briefly evaluate its two critical illness insurances and look at the product content:
Ruyi Xinkang: Two compensations for serious illness and three compensations for mild illness, but not only serious illness but also mild illness are divided into three groups, which is far from the same level products, and the atypical myocardial infarction with high incidence and mild illness needs coronary intervention to compensate, and the conditions are harsh.
Ruyi Kang Jun: This is a critical illness insurance that pays for a single serious illness. For certain diseases, children can pay an extra 20% of the basic insurance coverage, but the protection for minor diseases is not perfect, and there is no common protection for middle diseases. This product is also expensive and cost-effective.
These two major critical illness insurance are not so good. There are other products with higher cost performance and more comprehensive protection on the market. You can have a look at the hot critical illness insurance inventory of the top ten insurance companies I have compiled.