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After 20 years of stable business, a new era is ushering in, and China Life Insurance’s new products are launched

After 20 years of stable business, a new era is ushering in, and China Life Insurance’s new products are launched


With the rapid development of social economy, the public has a higher demand for medium and long-term financial planning for individuals and families. Annuity insurance, as a relatively low-risk asset allocation method, has received widespread attention.

  As a state-controlled financial and insurance company, China Life Insurance Co., Ltd. (hereinafter referred to as “China Life Insurance Company”) has always adhered to the concept of “customer-centered” and continued to focus on the customer service brand building goals of “simplicity, quality and warmth”. Optimize product design, enrich product supply, and provide customers with more diversified and considerate protection. In order to meet the public’s actual needs for scientifically and rationally formulating medium- and long-term family insurance protection plans, China Life Insurance Company recently launched China Life Xinyao Hongtu Annuity Insurance.This insurance product has the following featuresFour major characteristics:

Special care and exclusive care

From the first annual effective date after five policy years have passed since the contract came into effect to before the first annual effective date after ten policy years have passed since the contract came into effect, if the insured survives until the annual effective date of the contract, The special survival benefit will be paid every year according to the following agreement: if the payment method is one-time payment, 10% of the annual insurance premium determined by the basic insurance amount in the contract will be paid; if the payment period is three years, the special survival benefit will be paid based on the basic insurance amount in the contract A special survival benefit of 30% of the determined annual insurance premium will be paid; if the payment period is five years, a special survival benefit of 60% of the annual insurance premium determined according to the basic insurance amount in the contract will be paid; if the payment period is eight years, a special survival benefit of A special survival benefit will be paid based on 85% of the annual insurance premium determined by the basic insurance amount in the contract; if the payment period is ten years, a special survival benefit will be paid based on 100% of the annual insurance premium determined by the basic insurance amount in the contract.

Annuity payment, peace of mind

From the first annual effective date after the contract has been effective for ten policy years until the expiration of the insurance period of the contract, if the insured survives to the annual effective date of the contract, the insurance policy will expire ten policy years after the contract has been effective. The annuity will be paid based on 100% of the basic insurance amount of the contract on the first annual effective date. On the annual effective date of each subsequent policy year, the annuity paid will be based on the annuity payment amount of the previous policy year and based on the basic insurance amount of the contract. 25% increase.

Receive it upon expiration, plan as you wish

If the insured survives until the effective date of the year when the insurance period of the contract expires, and the contract is terminated, the maturity insurance premium will be paid at 10 times the basic insurance amount of the contract, helping customers enjoy a happy life.

Death protection, continued care

If the insured dies during the insurance period and the contract is terminated, the insurance premium (excluding interest) paid under the contract at the time of the death of the insured minus the special survival benefit and annuity paid under the contract will be paid to the insured upon death. The death benefit is paid to the greater of the cash value of the contract at that time.

After twenty years of stability, a new era has begun. Over the years, China Life Insurance Company has adhered to its original mission of “Insurance is the surname of Bao” and “Insurance is for the people”, and has actively implemented the core corporate culture concept of “Being successful for oneself, serving others, and being successful for oneself”. On the occasion of the 20th anniversary of its listing, the company launched China Life Xinyao Hongtu Annuity Insurance. The product design highlights the protection function and helps consumers use insurance tools to plan and enjoy a happy life.



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