Sunshine Life or Ping An Life, which one has a better reputation?

Senior sister understands that when people seriously choose critical illness insurance, they tend to buy products from large companies. Maybe they feel that the brands of large companies are trustworthy, well-known, and will pay better. Trustworthy.

However, to see whether an insurance company is reliable, you can’t just look at reputation. There are many other aspects that need to be considered and measured!

Do you know how to judge whether an insurance company is reliable? It doesn't matter if you don't know. My senior sister is here to tell you:

"When we look at insurance companies, what exactly should we look at?" 》

Today, I will take this opportunity to help you compare and evaluate insurance companies, taking Sunshine Life and Ping An Life as examples. What do you think? Then everyone should watch carefully~

1. Sunshine Life and Ping An Life PK, who will stand out!

1. Company background

Sunshine Insurance Group Co., Ltd. is an insurance company engaged in insurance, asset management and other businesses. It was established in July 2005.

The company's business mainly includes property insurance, life insurance, health insurance and accident insurance, etc., with a registered capital of 3.18 billion yuan.

In 2020, it was ranked among the "Top 500 Chinese Enterprises and the Top 100 Chinese Service Enterprises". In December of the same year, it followed Senyi Intelligent's 400 million yuan D round of financing.

Next, let’s take a look at Ping An Life. When Ping An Life was established, it was my country’s first joint-stock insurance company. It was established in 1988. As my country’s first joint-stock insurance company, its total assets exceed 71,400 billion. It was selected into the 2020 Top 500 Chinese Enterprises list, ranking sixth.

In May 2021, the "2021 Forbes Global 2000" was released, and Ping An of China ranked 6th.

2. Solvency

The China Banking and Insurance Regulatory Commission stipulates the solvency of insurance companies: core solvency adequacy ratio ≥50%, comprehensive solvency adequacy ratio ≥100% and comprehensive risk rating ≥B class.

If the above three requirements are met, then the company's solvency is considered to have passed.

According to the latest data, both Sunshine Life and Ping An Life have reached the qualification standards of the China Banking and Insurance Regulatory Commission with excellent performance, so these two companies are trustworthy.

But the senior sister still has to say one more thing, that is, from the solvency data, Ping An Life's is higher than that of Sunshine Life, and it will still be more conspicuous in various data.

After reading the above content of popular science for senior students, are you curious about Ping An Life Insurance? If so, then you will know more after reading the following article:

"How is Ping An Life, what products are there, which one is better, what are the pitfalls, in-depth analysis"

2. Revealing the secrets of critical illness insurance products of Sunshine Life and Ping An Life!

Senior sister, I won’t say anything more, just go to the picture:

You have already seen the product pictures, so I will give you a detailed analysis of the differences between these two products.

1. Insurance conditions

The first step is to look at the insurance age. 55 years old is the maximum insurance age stipulated by Ping An Fu Full Score 2021. Although this level is not applicable to the entire critical illness insurance It is not outstanding in the market, but compared with the Sunshine Care Edition, it is still very advantageous.

The maximum insurance age for the Sunshine Insurance Care Edition is 50 years old. In this way, many people who want to buy the Sunshine Insurance Care Edition cannot do so due to their age, causing those groups over 50 years old to lose a good insurance policy. insurance opportunities.

The waiting period of the Sunshine Insurance Care Edition is also worth mentioning. The waiting period is a full 180 days, which means that the insured will be in the coverage gap for nearly half a year!

We need to understand that if an accident occurs during the waiting period, the insurance company will not pay any compensation. If the insured is unlucky and gets out of insurance before the waiting period has passed, the medical expenses will have to be paid out of his own money, so wouldn’t it make sense to buy insurance?

However, it is not 100% that compensation will not be paid during the waiting period, and there are also exceptions.

The specific situation has been included in this article by my senior, please click on it to take a look:

"Will the insurance company not compensate for the accident during the waiting period? If you don’t understand, you will suffer a big loss! 》

2. Basic protection

The basic protection of Ping An Fu Full Score 2021 Critical Illness Insurance is very comprehensive, covering all mild, moderate and severe illnesses. What is not very satisfactory is that the compensation is not outstanding.

For moderate illness, only 50% of the insured amount will be compensated. Compared with the 60% compensation ratio provided by critical illness insurance on the market, it is not very good.

Moreover, the compensation ratio for minor illnesses is somewhat unsatisfactory. The current average compensation level for minor illnesses on the market is 30%, but Ping An Fu’s full score in 2021 is still 20%.

But in terms of protection, Sunshine Insurance Care Edition critical illness insurance has a little more advantage than Ping An Fu Full Score 2021.

It is not easy to get extra compensation. You also need to meet the sports standards. Even if you meet the standard, the maximum additional compensation ratio you can get is 5%, unlike other sports in the industry that come with their own extra compensation, and the compensation ratio is 50% or Compared with 80% of critical illness insurance, this critical illness insurance seems a bit low.

3. Senior Sister’s Suggestions

Based on the above aspects, Ping An Life’s solvency data is indeed better than that of Sunshine Life. If you have the idea of ????insurance, you only need to combine your own Just choose according to your needs.

Write it at the end

I am a top scholar who talks about insurance, focusing on objective, professional and neutral insurance evaluation;

If the above content has not solved your problem For questions, you can also consult me ??on the official account Xueba Talk Insurance;

I will give you the most professional advice based on my years of experience in configuring insurance for 10W+ families.

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