Almost everyone knows China Life, and although New China Insurance is not as famous as China Life, it already belongs to the second echelon of the current insurance industry!

So what about the annuity insurance launched by these two insurance companies?

Are the returns high?

Is it worth configuring?

Next, the senior sister will reveal the answer to everyone.

Before entering the topic, I have prepared a pitfall prevention strategy. If you want to avoid pitfalls when purchasing annuity insurance, you must read it carefully: "Learn this trick and avoid 99% of the pitfalls of annuity insurance" 1. China

Life Insurance VS New China Insurance, which one is better?

1. Comparison of company strength. China Life. The company was formerly the People's Insurance Company of China founded in 1949. It is headquartered in Beijing. It is one of the world's top 500 companies and one of the top 500 Chinese brands. It is a national deputy ministerial level unit.

In 2020, the group's consolidated operating income was nearly 1 trillion yuan, consolidated premium income exceeded 750 billion yuan, consolidated total assets exceeded 5 trillion yuan, and consolidated third-party assets under management were 1.8 trillion yuan, continuing to maintain historical highs.

In 2020, China Life Group ranked 45th in the Fortune Global 500 and 127th in the World Brand Laboratory's "World's Top 500 Brands" list, with a brand value of 415.861 billion yuan.

Xinhua Insurance Company was established in September 1996 and is headquartered in Beijing.

In the first half of 2020, Xinhua Insurance Company achieved total premiums of 96.879 billion yuan and total assets of 939.351 billion yuan. It has been listed in the Fortune 500 of China and Forbes for many consecutive years.

Xinhua Insurance Company has established a sales network covering the whole country, with 1,767 branches, 36,504 back-office employees and 507,000 sales staff, providing comprehensive life insurance products and services to 32.262 million individual customers and 86,000 institutional customers.

Serve.

The financial strength of insurance companies in the first and second tiers is very strong!

2. Solvency comparison The meaning of solvency is the standard for judging whether an insurance company has the ability to pay insurance claims.

The solvency information that insurance companies must publicly disclose every quarter is required by the China Banking and Insurance Regulatory Commission, and there is also a set of strict judgment standards: ① The core solvency adequacy ratio is above 50%; ② The comprehensive solvency adequacy ratio is above 100%; ③

The comprehensive risk rating is B or above.

Only when the above three conditions are met at the same time, we say that this can be regarded as meeting the solvency standard.

According to the latest quarterly solvency data, China Life’s core solvency adequacy ratio is 161.93%, its comprehensive solvency adequacy ratio is 230.26%, and its risk rating is AAA. The core solvency adequacy ratio of Fude Life Insurance Company

It is 141.68%, the comprehensive solvency adequacy ratio is 240.74%, and the risk rating is AA.

It can be seen that the solvency of the two insurance companies is also remarkable. Not only does it meet the standards, it also far exceeds the prescribed standards!

I briefly told you the specific situation of China Life and New China Insurance. Who is better in the annuity insurance of China Life or New China Insurance?

It will be revealed soon!

2. China Life VS New China Insurance, whose annuity insurance is better?

The senior sister has selected the 2021 good start products of two insurance companies to give you an evaluation. The evaluation is carried out by comparing the two products. First, let’s take a look at the product comparison chart: 1. In terms of insurance rules, in terms of insurance age and payment fee

There is not much difference between the two types of annuity insurance in terms of terms. You can apply for the insurance if you are 70 years old or younger. They are very friendly to the elderly and the insurance threshold is low.

Single payment and annual payment are two payment periods that they also choose to set. Single payment means to settle the premium at once. Compared with annual payment, this payment method is more suitable for those who have high temporary income and

Choice of people with unstable income.