China Merchants Bank Credit Card Accident Insurance is an insurance product cooperated by China Merchants Cigna Life Insurance and the bank. When purchasing insurance, many policyholders worry about whether it is reliable and that their own interests will not be protected. I believe that through this article, you can relieve your worries. As for how China Life is, I just compiled the relevant content. I hope it will be helpful to you: Is China Life good? What insurance is recommended?
Is China Merchants Bank’s credit card accident insurance reliable?
Whether China Merchants Bank’s credit card accident insurance is reliable can be seen from the following points:
1. The strength and background of the insurance company powerful. China Merchants Bank Credit Card Accident Insurance is actually an insurance product launched by China Merchants Cigna Insurance Company. Cigna Merchants is a Sino-foreign joint venture life insurance company featuring health and medical insurance. The Chinese and foreign shareholders are China Merchants Bank Co., Ltd. and Cigna North America Life Insurance Company, a subsidiary of the American Cigna Group. Both Cigna Group and China Merchants Bank rank among the top 500 companies in the world. Strong, both shareholders hold 50 shares each. Therefore, it can be seen that the strength background of China Merchants Cigna Insurance Company is still very strong.
2. Insurance companies are protected by law. According to the relevant laws and regulations of our country, life insurance companies are not allowed to go bankrupt. Each life insurance company will have a deposit similar to a mortgage deposit when registering, which is generally withdrawn in proportion to the company's registered capital. There has been no case of bankruptcy in China, and even if it were to go bankrupt, according to Articles 84 and 85 of the Insurance Law, the China Insurance Regulatory Commission will transfer the claims and debts of the bankrupt company to other companies, including its customers. Which insurance company is the best? I just compiled the relevant content. I hope it will be helpful to you: the latest list! Ranking of the top ten insurance companies in the country
3. Product coverage is wide. Take the second-generation refundable accident insurance launched by Cigna Merchants as an example. The coverage of this product includes: death protection, land and water traffic accident protection, non-commercial vehicle traffic accident protection, aviation Accident coverage. If the insured is still alive when the insurance period expires and no claims are made, the insurance company will return the premium paid, which is equivalent to the insurance company helping to pay the premium. Moreover, free global emergency rescue services are provided, and one person can be insured for the whole family.
From the above, we can understand that China Merchants Bank’s credit card accident insurance is very reliable in terms of company strength, product guarantee, and legal protection. You can buy it with confidence according to your own needs.
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