United Life Insurance Co., Ltd. (hereinafter referred to as United Life) is one of the top ten life insurance companies in China, ranking 10th among 43 life insurance companies in the country, and ranking 8th among 18 Chinese-funded companies in the same period.

Ranked No. 1 in 1. Comprehensive situation United Life was established in 2005 as a national, joint-stock life insurance company.

The registered capital reaches 4.283 billion yuan; it provides customers with multi-module comprehensive services such as insurance, asset management, and pension.

2. Solvency Solvency refers to the ability of an insurance company to fulfill its liability for compensation or payment. Only when the solvency is sufficient can sufficient funds be available to pay insurance premiums to customers in the event of a claim, and various protection interests of customers can be realized.

So, when choosing an insurance company, you need to consider solvency.

According to the requirements of the China Banking and Insurance Regulatory Commission, the solvency depends on these two indicators: core solvency adequacy ratio (not less than 50%) and comprehensive solvency adequacy ratio (not less than 100%).

3. Claims settlement ability In the insurance business, claims settlement is a relatively important link, and the subsequent service is related to the vital interests of each user.

Even if the product protection is comprehensive and the after-sales service is not good, I still hope you will think twice; in 2019, United Life achieved an average claim payment cycle of 0.18 days for small-sum cases, and the compensation rate for small-sum cases was 99.78%; yes

I saw that Union Life's claims settlement capabilities are quite good.