I. China Life Insurance Company
China Life Insurance Co., Ltd. is a state-owned super-large financial and insurance enterprise, headquartered in Beijing, one of the top 500 enterprises in the world and one of the top 500 Chinese brands, and belongs to the national vice-ministerial unit. The company's predecessor was the former China People's Insurance Company, which was established in 1949. 1996 was transferred to PICC life insurance co., ltd, and 1999 was renamed as China life insurance company. In 2003, with the approval of the State Council and the former China Insurance Regulatory Commission, the former China Life Insurance Company was transformed into China Life Insurance Company. China Life Insurance Company and its subsidiaries constitute the largest state-owned financial insurance group in China, and are also important institutional investors in China capital market. The business scope covers life insurance, property insurance, enterprise and occupational annuities, banks, funds, asset management, wealth management, industrial investment, overseas business and other fields.
Two. Classification of life insurance in China
1. Health insurance: it mainly protects the health of the insured. Insurance is also divided into critical illness insurance and medical insurance, which is the most practical and popular among consumers.
2. Life insurance: This kind of insurance compensates the insured for his unfortunate death or total disability. This kind of life insurance is mainly divided into term life insurance, whole life insurance life insurance and dual life insurance.
3. Accident insurance: Accident insurance mainly protects the insured from medical treatment and death compensation caused by accidents.
As can be seen from the above, China Life Insurance Company is a large insurance company, with strong strength, and it is also affiliated to central enterprises. Its insurance business is complete, including all kinds of commercial insurance, and users can choose at will.