says that insurance products of large companies are reassuring. Today, I will congratulate you on the products of large companies, and which critical illness insurance is better. Let’s take the two major companies, , Ping An and China Life as examples to see which critical illness insurance is better. Is it what you pay for? Or is the higher the cost performance, the better? Let’s understand Baojun combined with the PK results of the DBH evaluation system to analyze it for everyone.
1. The above conclusion
First of all, the DBH system rankings among the same types are both at the upper and middle level. Xinfuxing is cheaper. However, the A version of China Life 2021 version is more sufficient and comprehensive.
understands the core differences between the two products, and then take a closer look at the guaranteed PK.
2. Guarantee consultation
A critical illness insurance is good or not, the most important thing is to look at the terms of protection. After comparing the DBH5 core indicators, China Life 2021 version A won 4 items, and the remaining 1 item tied. In terms of the number of diseases, the number of compensations, death liability and premium exemption, China Life 2021 version A has considerable advantages, and ultimately won the entire guarantee PK link. The detailed PK situation is as follows:
1, number of diseases PK: China Life Fortune 2021 version A wins
critical illness insurance usually covers three items: serious illness, moderate illness and mild illness. China Life Fortune 2021 version A has 120 severe illnesses, and Xinfuxing is 100 severe illnesses; China Life Fortune 2021 version A has 20 intermediate illnesses, and Xinfuxing is not protected by medium illness; China Life Fortune 2021 version A has 30 mild illnesses, and Xinfuxing is not protected by mild illnesses. Therefore, in this PK stage, China Life 2021 version A won.
2. Number of compensation times PK: China Life Fortune 2021 version A wins
in terms of critical illness payment times, the number of compensation times for both products is 1; in terms of moderate symptoms, China Life Fortune 2021 version A is 1, Xinfuxing does not guarantee the moderate symptoms. The number of compensations for the A version of China Life 2021 is 6 times, and Xinfuxing does not protect the mild symptoms. In terms of the number of compensation times, China Life 2021 version A won.
3. PK for death protection: China Life Fortune 2021 version A wins
China Life Fortune 2021 version A is the biggest of cash value, premium and insurance amount, while Xinfuxing's death protection is the insurance amount, so in terms of death protection, China Life Fortune 2021 version A is slightly better.
4. PK for maturity return: No maturity return for both products:
, and both are equal.
5, premium exemption PK: China Life Fortune 2021 version of the A wins
Xinfuxing does not have premium exemptions for insured and policyholders, while China Life Fortune 2021 version of the A contain multiple premium exemptions for insured and policyholders. Overall, China Life 2021 version A won.
After reading the protection situation and comparison, let’s discuss the most critical question: how to choose?
3. How to choose?
Choose between two products, three steps are required: ① Which one can be bought? ② Which one is better? ③ Which one is more suitable?
1. Which one can be bought? Judging from the insurance rules, Xinfuxing’s waiting period is relatively shorter, while the insurance age range of China Life 2021 version A is relatively wider, and it can be covered up to 60 years old. People aged 55-60 can consider taking out insurance; while most people aged 18-55 can buy both products.
2, which one is better? Xinfuxing is cheaper, and compared with China Life 2021 version A, the guarantee is more abundant and richer. There is no absolute relationship between the two.
3. Which one is more suitable? Each product has its own unique positioning. The A-style product structure of China Life 2021 version is more complete, with more adequate and richer protection, and a wider age range for insured people who want to configure complete critical illness insurance at one time or who are aged 55-60, you can consider taking out insurance. Xinfuxing has a shorter waiting period and a cheaper price, making it suitable for insured people with limited budgets.
4. Understand the summary
product selection is different, and there is no absolute answer. There is no unified answer to which serious illness product is good for a large company. Only the one that suits you is the best. The purpose of this PK of the two products is not to be relatively high or low, but to understand the core differences of the products, so that you can make a smooth choice based on your choice range and needs.
