What are the disadvantages of Ping An Life Insurance Company of China compared with Sunshine Life Insurance?

Senior sister understands that when people carefully choose critical illness insurance, they tend to buy the products of big companies, which may be because they feel that the brands of big companies are trustworthy, their popularity is high, and they will be more trustworthy in terms of compensation.

However, to see whether an insurance company is reliable or not, we can't just look at popularity, there are still many aspects to consider and measure!

Then do you know how an insurance company can judge whether it is reliable or not? It doesn't matter if you don't know. Senior sister will tell you:

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

Today, Senior Sister takes this opportunity to help you make a comparison and evaluation on insurance companies. Take Sunshine Life Insurance and Ping An Life Insurance Company of China as examples. What do you think? Then everyone should look carefully ~

First, Sunshine Life and Ping An Life Insurance Company of China PK, who will stand out!

1. Company background

Sunshine Insurance Group Co., Ltd. is an insurance company engaged in insurance and asset management, which was established in July 25.

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

In 22, it won the title of "Top 5 Chinese Enterprises and Top 1 China Service Enterprises" in succession, and in December of the same year, it made a series D financing with 4 million yuan from Tousenyi Intelligent.

Next, let's take a look at Ping An Life Insurance Company of China. When Ping An Life Insurance Company of China was founded, it was the first joint-stock insurance company in China. It was established in 1988. As the first joint-stock insurance company in China, its total assets exceeded 7.14 trillion yuan. He was selected as the top 5 Chinese enterprises in 22, ranking sixth.

In May 221, the 221 Forbes Global Enterprise 2 was released, and China Ping An ranked sixth.

2. Solvency

China Banking and Insurance Regulatory Commission stipulates that the solvency of insurance companies is ≥5% for core solvency, ≥1% for comprehensive solvency and ≥B for comprehensive risk rating.

If the above three requirements can be met, then the solvency of this enterprise will be passed.

According to the latest data, Sunshine Life Insurance and Ping An Life Insurance Company of China have reached the qualified standards of China Banking and Insurance Regulatory Commission with excellent performance, so both of them can be trusted.

However, Senior Sister still needs to repeat one thing, that is, from the solvency data, Ping An Life Insurance Company of China's is higher than Sunshine Life's, and it will still be more conspicuous in various data.

After reading the contents of the popular science of these senior sisters, are you curious about Ping An Life Insurance Company of China? If so, you will know more after reading the following article:

"How about Ping An Life Insurance Company of China, what products are there, which ones are good, and what pit routines are there, in-depth analysis"

Second, the big secrets of Sunshine Life Insurance and Ping An Life Insurance Company of China's critical illness insurance products!

Sister Xue doesn't say much, just go to the picture above:

You have seen the product drawing, so Sister Xue will carefully analyze the differences between the two products.

1. Insurance conditions

The first step is to look at the insurance age. 55 years old is the maximum insurance age stipulated in Ping An Fu Full Score 221. Although this degree is not excellent in the whole critical illness insurance market, it is still very advantageous compared with Sunshine Care Edition.

The maximum insurance age stipulated in Sunshine Care Edition is 5 years old, so many people who want to buy Sunshine Care Edition can't buy it because of their age, which makes those over 5 years old lose a good insurance opportunity.

The waiting period of Sunshine Care Edition is also worth mentioning. The waiting period is 18 days, which means that the insured has been in the gap period for nearly half a year!

We need to understand that the insurance company will not pay any compensation for accidents during the waiting period. If the insured is unfortunate enough to go out of danger before the waiting period has passed, and the medical expenses will need to spend their own money, isn't it of little significance to buy insurance?

However, it's not 1% that you won't pay when you are out of danger during the waiting period, and there are also abnormal situations. The details are included in this article by senior sister. Let's take a look at it:

"The insurance company will not pay for the accident during the waiting period? If you don't understand, you'll suffer a big loss!

2. Basic guarantee

The basic guarantee of Ping An Fu's 221 critical illness insurance is very comprehensive, covering all mild, moderate and severe diseases. What is not satisfactory is that the compensation is not excellent.

Compared with 5% of the insured amount, the critical illness insurance in the market can provide up to 6% of the compensation ratio, which is not very good.

Moreover, the proportion of compensation for minor illness is somewhat unsatisfactory. At present, the average level of compensation for minor illness in the market is 3%, but the full score of Ping An Fu is still 2%.

However, in terms of protection, the critical illness insurance of Sunshine Care Edition is a little more advantageous than Ping An Fu Full Score 221.

It's not easy to get extra compensation, and you need to exercise to meet the standards. Even if you meet the standards, the maximum proportion of extra compensation you can get is only 5%. Compared with other critical illness insurance in the industry with extra compensation and the proportion of compensation is 5% or 8%, this critical illness insurance is a bit low.

Third, Senior Sister suggested

Taken together, Ping An Life Insurance Company of China's solvency data is indeed better than Sunshine Life. If you have the idea of insurance, you only need to choose according to your own needs.

Write at the end

I am Xueba, focusing on objective, professional and neutral insurance evaluation;

If the above content has not solved your problem, you can also come to WeChat official account Xueba and ask me about insurance.

I will give you the most professional advice based on years of experience in configuring insurance for 1W+ families.

WeChat official account: Xueba said that insurance costs less, so buy the right insurance!