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Is it safe to deposit money in China Life?
It is safe to deposit the money in China Life. After all, insurance products have legal interests. After the insurance expires, everyone can take out the money as agreed. There is no need to worry about not getting it out or the insurance company not withdrawing money. You can withdraw money as long as you meet the terms of the corresponding insurance products.

If you are curious about China Life Insurance, you can read this article of the senior first:

What about China Life? What products are there? Does it taste good?

Then in the next time, seniors will introduce the insurance company "China Life" to you. Without delay, dry goods directly!

1. Company background

China Life Insurance Co., Ltd. is a leading enterprise in the domestic life insurance industry, headquartered in Beijing, with a registered capital of 28.265 billion yuan.

As a core member of Fortune Global 500 and Fortune Global 500 companies, China Life Insurance (Group) Co., Ltd. has won the trust of our customers with its long history, strong strength, professional leading competitive advantage and world-renowned brands.

In addition to the above, the senior also compiled some other tips on how to treat insurance companies:

What should we look at when we look at insurance companies?

2. Solvency

According to the provisions of the China Banking Regulatory Commission on the solvency of insurance companies, a company with a core solvency adequacy ratio of ≥50%, a comprehensive solvency adequacy ratio of ≥ 100% and a comprehensive risk rating of ≥ B is a company with solvency standards as long as the above three requirements are met.

According to the data of the third quarter of 2022, China Life Insurance Company's core solvency adequacy ratio, comprehensive solvency adequacy ratio and latest risk rating have all reached the passing line stipulated by the CBRC, and it is a trustworthy company, so there is no need to worry about the inability to make claims.

What if the insured insurance company buys insurance products and really goes bankrupt?

The insurance company went bankrupt. What about the insurance I bought?

Hope to adopt

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