In September, Sino-British Life Insurance launched a new critical illness insurance that does not pay multiple benefits into groups, once again refreshing the insurance company’s historical product pricing. In the past, his insurance premiums were not cheap and he always followed

html In September, Sino-British Life Insurance launched a new critical illness insurance product that pays multiple claims without grouping, once again refreshing the insurance company's historical product pricing.

In the past, his insurance premiums were not cheap, and he always followed the aristocratic route. This year, he finally started to be more friendly to the people.

01 Who is Sino-British Life Insurance Company?

This is a Sino-foreign joint venture company.

Foreign shareholders: Aviva Group (the largest insurance service provider in the UK)

Chinese shareholders: COFCO Capital Investment Co., Ltd.

is a powerful combination. It was established on January 1, 2013, with a registered capital of 2.95 billion. The latest Comprehensive reimbursement rate 255.27%

Insurance company shareholder introduction

02 What are the characteristics of this product, Supreme Insurance?

1) Product form:

is the best in the market and does not provide multiple compensation for major diseases in groups.

I often tell my clients that the most important part of a critical illness insurance policy is to look at How to pay for major illnesses?

Popular science time: three forms of critical illness

a. Single payment for critical illness

After 1 payment for 100 critical illness, the contract will be terminated.

b. Multiple compensation for critical illness groups

Assume that 100 diseases are divided into 5 groups ABCDE, and the first insurance is in group A, then the diseases that will be insured again in the future can only be compensated in the BCDE group.

c. Critical illnesses are not grouped and multiple compensation is paid.

Assume that there are 100 critical illnesses. After one critical illness is compensated, the remaining 99 critical illnesses can be compensated once again when there is an accident.

Judging from the probability of claims settlement: c b a

Therefore, the highest proportion of premiums for a product should be how to pay for major illnesses, and other "trinkets" are not that valuable.

2) There is additional protection:

Before the age of 18, the additional compensation for children's special diseases is 100% of the insured amount

After the age of 18, the additional compensation for adult special diseases is 100% of the insured amount

and has no "first launch" restriction (products with first launch restrictions mean, If the first accident is not a special disease for children/special diseases for adults, this protection will disappear...)

Special diseases for minors and adults

3) There are no three common diseases among mild, moderate and severe diseases.

The three common clauses are what people in the industry will pay attention to:

has three common clauses, and related diseases may not be compensated. There are no three conditions. As long as the disease is included in the contract and the interval is met, compensation will be paid.

Therefore, multiple compensation for serious illness without grouping + no three benefits, is the best product form.

Three common clauses

If the insured suffers the first occurrence of two or more major diseases mentioned in this contract due to the same disease, the same medical behavior or the same accidental injury, the company will only Critical illness insurance benefits are paid for a critical illness.

4) The price is close to the people, and ordinary people can afford it.

As mentioned at the beginning of the article, Sino-British has begun to take a people-friendly approach, so the price of this product is very advantageous for serious illnesses that do not require multiple compensation in groups.

Talking about money hurts feelings. Let’s take a rough look at the form and price of the hot-selling products on the market.

Price comparison of popular products, for reference

5) The insurance company has good value-added services:

The value-added services of Sino-British Life are worthy of special attention. You can enjoy them if the annual premium is more than 3,000 yuan:

a-Green Pass Service:

Daily medical treatment Consultation, illness ( (mild, moderate and severe diseases), expert appointments and accompanying consultations, hospitalization coordination, surgery coordination, etc.

b - Global SOS Emergency Rescue Service

c - Aviva Scholarship

Sino-British Life SOS Emergency Rescue Case Sharing

(temporarily closed during the current epidemic)

6) Talk about product shortcomings:

currently has a payment period of more than 20 years, and malignant tumors cannot be attached. additional insurance with multiple claims. The payment period of 20 years and below can be added.

Multiple compensation for malignant tumors is now very common in the market, and I hope to catch up soon.

There are no perfect products, only suitable products.

Please inquire for details about which one is suitable for you.