Jilin population and number of policies

According to the data of the Office of the Commissioner of Insurance of Hong Kong, in the first half of 20 10 10 billion Hong Kong dollars, the new single premium income issued by Hong Kong to mainland tourists accounted for 18% of the total. Insurance in Hong Kong is the result of actuarial calculation based on the average life expectancy, morbidity and mortality of the population in Hong Kong. The average life expectancy in Hong Kong is 85 years, which is higher than that in the Mainland 10 years. The morbidity and mortality are much lower, so the insurance price is naturally cheaper than that in the Mainland.

After 100 years of development, the insurance industry in Hong Kong has become the gathering place of the world's insurance giants. Their investment channels are global, and their management level of business philosophy is better. The full competition in the relative market is also one of the reasons for the low rate in the mainland.

Although buying insurance in Hong Kong can enjoy more "welfare" than many mainland insurance products, the risk of "Hong Kong-style insurance policy" cannot be ignored due to the differences in terms and contracts. Interestingly, unlike the unilateral inflow of premiums into Hong Kong in previous years, under the background of RMB appreciation, the number of Hong Kong residents going to Guangzhou and Shenzhen to buy insurance has also increased, and the demand for capital preservation has gradually emerged. The premium income between the mainland and Hong Kong began to show a two-way flow trend.

First of all, the insured, the insured and the witness must go to Hong Kong in person and sign the insurance policy in Hong Kong in order to obtain legal protection in Hong Kong. If the insured is a minor, the insured need not sign a contract in Hong Kong. If the signing place of the policy is not in Hong Kong, the validity of the policy cannot be guaranteed.

Secondly, the risk of exchange rate changes. Generally, Hong Kong dollars or US dollars are used to buy insurance products in Hong Kong. When the Hong Kong dollar and the US dollar depreciate, the claim amount and the income amount can be quite different.

Third, legal differences. Under different legal provisions, there are great differences between insurance reporting and claim settlement.

Fourth, pay the risk. Mainland consumers can open a bank account in Hong Kong and pay by bank autopay. But remember to use it frequently to avoid freezing the account when it is not used for a long time. You should go to Hong Kong to go through the unfreezing procedure in person.

Fifth, policy follow-up services. Living in the mainland and buying Hong Kong insurance, many subsequent things, such as beneficiary change, are not as convenient as going through formalities in the mainland.

Finally, the risk of claim settlement. To seek medical treatment in the mainland, you can only get compensation if you seek medical treatment in a contracted hospital designated by an insurance company. Although there are hospitals that cooperate with Hong Kong insurance companies in cities above the prefecture level in the Mainland, there are very few hospitals that are really spread all over the country, so consumers in non-big cities should calculate the cost difference.

To sum up, Hong Kong's insurance policies have obvious advantages and clear risks. In addition, with the increase of mainland residents going to Hong Kong for insurance, risks are also gathering. The insurance premium rate in Hong Kong is calculated according to the mortality and morbidity of 7 million people in Hong Kong. In recent years, a large number of mainland residents have flooded into Hong Kong to take out insurance, which has had an obvious impact on the insurance industry in Hong Kong. The redemption period of insurance is as long as several decades, which may cause uncertain redemption risk in the future.

In the insurance policies of Hong Kong companies, there is usually a statement that "the premium rate of this basic insurance policy system is not guaranteed to remain unchanged, and we reserve the right to review the premium rate from time to time", that is to say, if the payout ratio rises, the insurance company may increase the premium rate according to the situation. Although "Hong Kong companies rarely adjust their rates, it does not rule out that they will not adjust them in the future." With the improvement of medical level in developed cities in the mainland, the early detection rate of diseases will increase, and the incidence of major diseases will also change. Taking the losses of critical illness insurance in South Korea and Taiwan Province Province as examples, insurance companies need to pay close attention to market changes.

Reasons for choosing AIA

1. AIA is the largest listed life insurance group in Pan-Asia-Pacific region, the earliest commercial insurance company in Chinese mainland and the only wholly foreign-owned insurance company. 19 19 was established in Shanghai, and 1992 returned to Chinese mainland market. Because of its nearly 100-year history and sole proprietorship, it is in a leading position in the mainland industry, and foreign-funded humanized service and product design are superior to other domestic insurance companies.

2. The insurance risks in Hong Kong mentioned in the previous example, such as exchange rate, law, compensation and after-sales service, simply do not exist in AIA China's insurance policy, and there is no need to go to Hong Kong for insurance. At the same time, the status of a wholly-owned insurance company enables AIA China to independently adopt the operating system of foreign-funded companies to face consumers in Chinese mainland.

3. The poor reputation of mainland insurance industry among residents is mainly caused by the low quality of employees. Since 20 10, AIA China has adopted the "excellent salesman" system, which has greatly improved the quality and customer experience of AIA salesmen from talent introduction to on-the-job training and strict assessment. For many years, AIA has been unknown on the complaint list of the China Insurance Regulatory Commission.

4. Corresponding to the advantages of the insurance policy in Hong Kong, AIA China developed a classic insurance plan with AIA Group resources, which was underwritten by Hong Kong and reinsurance by Swiss Reinsurance Company, and the rate was equivalent to that of the insurance policy in Hong Kong. From July 2065438 to July 2005, the golden life inheritance plan was grandly launched, which solved the inheritance problem of the rich before their death. In August, it docked with AIA's high-end medical plan in Hong Kong, and launched AIA's high-end medical plan with the same policy rate and coverage in Hong Kong.

5. With regard to claims for serious illness, Ping An can also make claims for serious illness overseas, but it needs to be notarized by the local department, notarized by the local embassy of China, translated by materials, and there is no medical insurance claim overseas; Shanghai Qishi Bian Xiao replied that China Life's serious illness diagnosed overseas is not recognized, and it needs to return to public hospitals for diagnosis before it can be settled, and medical insurance is not settled overseas; Hong Zhong can also claim compensation for serious illness abroad, but it needs to be notarized by the local department and the local embassy of China, and the materials do not need to be translated; AIA China is overseas, and claims can be settled by providing detailed information. Non-English materials need to be translated. This is also one of the important reasons why many AIA customers choose AIA for their children. We all hope that our children will have a bright future, go abroad for further study and even emigrate overseas. A security plan to accompany children throughout their lives needs to consider both the current needs of living in China and the needs of living abroad in the future. Only AIA claims are the most convenient and fast.

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