Ping An Ruyi Insurance is planned to be launched, breaking through the traditional perception to provide more comprehensive protection

Wishful things are hidden in the heart, and well-being and peace are always accompanied.

In ancient times, as a mascot, Ruyi was widely used among the people and the court. Before the trip, relatives and friends give Ruyi to express good wishes; At the emperor's enthronement ceremony, the minister presented a wishful wish to wish the government and peace; When meeting with foreign envoys, they will also give "ruyi" as a sign of friendship.

Today, Chinese people also say "auspicious wishes" and "all things are good" as congratulatory words on major festivals or important occasions, implying that everything is smooth, safe and healthy. The original intention of insurance is the same, to build a risk barrier and hope for a happy life.

This year, Ping An Life launched an insurance product portfolio called "Ping An Ruyi Insurance Product Plan", which consists of fixed-term dual-term + fixed-term critical illness + universal insurance, which not only breaks through the market's inherent perception of traditional critical illness insurance, but also brings more comprehensive protection to customers. At the same time, through the professional service of "worry-free, time-saving and money-saving", we will practice "peace and happiness" to the end.

Innovate forms and achieve breakthroughs

How likely is it that a person will suffer from a major illness in their lifetime?

According to the statistics of the "Empirical Incidence Table of Major Diseases in Chinese's Life Insurance Industry (2006-2010)" released by the former China Insurance Regulatory Commission on November 14, 2013, if calculated according to the average life expectancy, the probability of critical illness in the lifetime of mainland men reaches 47%, and that of women reaches 49%.

Once suffering from a serious illness, the large amount of medical expenses often becomes unbearable for the whole family, and many people even sell their houses and cars to bankrupt their families in order to treat the disease. This is the main reason why critical illness insurance has been favored by the public in recent years and has become the standard allocation of family assets.

Through the risk barrier, critical illness insurance can protect the quality of life of the family from the illness of the family members to a greater extent. In the event of a critical illness within the scope of the insurance contract, a lump sum cash payment of the corresponding sum insured can be made to settle the medical expenses and receive timely treatment.

Moreover, as we age, the probability of developing a critical illness does not increase slowly and linearly, but increases in vain. Before the age of 50, the probability of critical illness in men and women remains low, and after the age of 50, the probability of critical illness begins to increase rapidly.

However, most of the common critical illness insurance in the market is a fixed sum insured and cannot grow with the age of the customer, which leads to a partial "vacuum" between insurance protection and risk coverage.

At the same time, after the insured is diagnosed with a critical illness, the insurance contract will be terminated and no follow-up protection will be provided. Once a critical illness claim is obtained, it is basically difficult for customers to purchase other critical illness insurance products, and the subsequent life risks will basically face "streaking".

Recently, Ping An Life has launched a new generation of product portfolio, "Ping An Ruyi Insurance Product Plan" (hereinafter referred to as "Ping An Ruyi"), which perfectly solves the supply shortage in the current critical illness insurance market.

It is understood that Ping An Ruyi Insurance Plan includes two versions - Ping An Ruyi and Ping An Ruyi All-round, both of which provide sickness money, survival benefit and death benefit, of which the survival benefit is 100% of the sum insured, and the death benefit payment rules are: before the age of 18, no critical illness has occurred, and the death benefit is equivalent to the amount of the combined premium. After the age of 18, before the expiration of the main insurance, no critical illness has occurred, and the sum insured will be paid on death; After the expiration of the main policy, the universal account value will be paid on death.

Ping An Ruyi All-round Insurance consists of Ping An Ruyi All-round Insurance, additional Ping An Ruyi All-round Early Payment Critical Illness Insurance, and Ping An Shengcai Bao Annuity Insurance (Universal). Consumers can choose an insurance product plan according to their actual protection needs and affordability, or they can choose to purchase any of the main insurance plans in this insurance product plan separately.

The comparison found that the main difference between the two models lies in the issue age and sickness payment: Ping An Ruyi has an insurance age of 0-50 years old and provides 100% of the critical illness sum insured; Ping An Ruyi All-round Insurance is aged 0-48 years old, and provides mild, moderate and severe illness protection, i.e. 100% of the sum insured for critical illness + 50% of the sum insured for moderate illness (5 times) + 20% of the sum insured for mild illness (5 times). At the same time, it provides children with an additional 50%/25%/10% of the sum insured for critical illness/moderate illness/mild illness before the age of 30 to meet the personalized protection needs of different customer groups.

In addition, the survival fund can be transferred to the Shengcaibao universal account for secondary value-added, and can also be planned and received according to needs, which can be adapted to multiple needs such as retirement supplement, sojourn, medical treatment, nursing, and family expenses.

Two must live at the same time, killing multiple birds with one stone

Specifically, Ping An Ruyi has refreshed the inherent form of the product in the current critical illness insurance market and put forward a new protection concept: it takes into account the reserves and provides critical illness protection, with four major characteristics: maturity fixed (regular payment on demand, fixed amount of maturity payment), guaranteed (comprehensive protection of confirmed disease protection), both (critical illness payment and maturity payment can be obtained at the same time), and functional activity (maturity payment can be entered into a universal account).

As an innovative insurance product portfolio, Ping An Ruyi has received widespread attention from consumers since its launch, especially for young customers, who can fully deploy insurance protection at an age with a low probability of illness and low premium cost, so as to win a calm and calm life after the age of 50.

Take 30-year-old Mr. Chen as an example, he is in the period of career struggle and family growth. On the one hand, he is burdened with housing loans and car loans, his career is not very stable, and his family financial structure is not very sound. On the other hand, it is also important to plan ahead for things like raising children and retirement, especially for future illnesses.

To this end, he has set three major demands for himself. That is, the mandatory reserve is planned in advance, prepared for a rainy day, and prepared in advance, which can reserve a certain amount of funds for future life; Escort the important stage of life, during the important stage of 30 to 60 years old, strengthen the protection for the family's financial pillar and reduce the burden; Flexibility to cope with future life, that is, the funds saved can flexibly respond to various needs such as future disease treatment and retirement supplements.

After understanding, Mr. Chen chose Ping An Ruyi All-in-One, with an insurance amount of 300,000 yuan, which expires at the age of 60 and is paid in 20 years, with an annual premium of 11,800 yuan, equivalent to 32 yuan per day, to solve the core problems of different life stages with "a cup of coffee money".

Having this insurance policy is equivalent to Mr. Chen's "three golds in hand, and the future is worry-free".

When Mr. Chen is 60 years old, a lump sum of $300,000 will be paid at maturity, which is equivalent to about 1.3 times the premium paid, to replenish funds for his future life.

The second is the guarantee, which protects the critical stage of life between the ages of 30 and 60, and can minimize the burden on the family once the disease occurs, including 300,000 for critical illness, 150,000 for moderate illness (up to 5 times), and 60,000 for mild illness (up to 5 times).

Moreover, after the mild/moderate illness claim is paid, the critical illness sum insured remains unchanged; After the payment of mild/moderate illness and critical illness, the maturity payment will remain unchanged. It is equivalent to a critical illness payment + maturity payment of up to $600,000, which is about 2.6 times the premium paid.

The third is universal gold, Mr. Chen's 300,000 yuan maturity fund can choose to enter the universal account to continue to increase in value, at the age of 80, the account value can reach 658,000 yuan at 4%, and 425,000 yuan at 1.75%. After the age of 60, all kinds of financial needs such as illness, medical treatment, retirement life supplements, etc., can be partially collected from the universal account, and can also be used by family members, so as to realize that one policy can benefit the whole family.

Peace is always accompanied, and wishful thinking lasts

A person's life is like a century-old journey, accompanied by blessings and misfortunes in the process. Among them, there is nothing more difficult than the occurrence of disease, "illness comes like a mountain", only the pain of disease cannot be shared with others.

However, insurance protection cannot prevent the occurrence of illness, but it can spread the financial pressure caused by illness to a greater extent during this difficult time and alleviate the pain of the family.

"We need critical illness insurance, not because we're leaving, but because we want to live well. There are a lot of people who are seriously ill, and although they are alive, they are financially dead!" Dr. Barnard, founder of critical illness insurance, said.

Nowadays, more and more people are aware of the importance of insurance, and there are more and more family insurance policies, among which critical illness insurance can be said to be the standard configuration of family insurance policies, and it is also the most complex product in protection insurance. On the one hand, insurance companies continue to increase the development of critical illness insurance, and innovation is emerging, on the other hand, customers' choices will also be biased towards more cost-effective products.

Relying on Ping An Group's medical and health ecosystem, Ping An Life integrates professional market forces, has a deep insight into the diversified protection needs of insurance customers, and continues to develop insurance products with disruptive concepts, and is committed to providing better experience, better services and better protection for more families.

Predict the unknown and plan, may you and I be safe and always with us, and enjoy a happy life.

Important:

1. Ping An Ruyi Insurance Product Plan consists of Ping An Ping An Ruyi Insurance (hereinafter referred to as Ping An Ruyi Insurance), Ping An Additional Ping An Ruyi Critical Illness Insurance (Ping An Ruyi Critical Illness), and Ping An Shengcai Bao Annuity Insurance (Universal) (hereinafter referred to as Ping An Caibao). You can choose an insurance product plan according to your actual protection needs and financial affordability, or you can choose to purchase any of the main insurance plans in this insurance product plan separately. If you apply for a separate policy, the specific liability is detailed in the terms of the insurance;

2. Ping An Ruyi All-round Insurance Product Plan consists of Ping An Ping An Ruyi All-round Insurance (hereinafter referred to as Ruyi All-round Insurance), Ping An Additional Ping An Ruyi All-round Critical Illness Insurance (referred to as Ruyi All-round Critical Illness), and Ping An Shengcai Bao Annuity Insurance (Universal) (hereinafter referred to as Shengcaibao). You can choose an insurance product plan according to your actual protection needs and financial affordability, or you can choose to purchase any of the main insurance plans in this insurance product plan separately. If you apply for a separate policy, the specific liability is detailed in the terms of the insurance;

3. Ping An Shengcai Bao Annuity Insurance (universal type) is universal insurance. The benefit presentation is based on the company's actuarial and other assumptions, and does not represent the company's historical operating performance, nor does it represent the company's expectations for future operating performance, and the part of the settlement interest rate that exceeds the minimum guaranteed interest rate is uncertain;

4. The term "on-demand timing" in this information means that the insured can choose the maturity period of 60/65/70/75/80 years old according to his needs, of which the insured can also choose the maturity period of 50 years old if the insured is a child; The payment of the maturity payment must meet the requirements of the insured's survival at the end of the insurance period;

5. The term "identified diseases" in this document refers to the 120 critical illnesses stipulated in the Ping An Ruyi Critical Illness Insurance Contract, and the 120 critical illnesses, 20 moderate illnesses and 40 mild illnesses stipulated in the Ruyi All-round Critical Illness Insurance Contract. The waiting period is 90 days. If a mild or moderate illness occurs first, the subsequent critical illness insurance liability will not be affected. If a critical illness occurs first, the subsequent minor illness, moderate illness and death liability will no longer be enjoyed. Moderate illness is paid up to 5 times, mild illness is paid up to 5 times, and each disease is limited to 1 time;

6. The term "up to 2 times the basic sum insured" mentioned in this information means that the insured is diagnosed by the hospital with a critical illness that meets the contract for the first time, and the critical illness insurance benefit will be paid according to 100% of the basic insurance amount of Ping An Ruyi Critical Illness (or Ruyi All-round Critical Illness). At the expiration of the insurance contract, if the insured is still alive, the survival insurance benefit will be paid according to the basic insurance amount of the Ping An Ruyi (or Ruyi Both) insurance contract. The specific insurance liability and insurance claim settlement shall be subject to the insurance contract. The amount of insurance payment is subject to the results of Ping An Life's claim review.

7. The use of insurance money mentioned in this article does not belong to the scope of product liability and can be planned according to needs;

8. The content contained in this information is only for you to understand the terms of the insurance, in some cases, we do not assume the responsibility to pay the insurance money, the specific insurance liability, liability exemption, contract termination and other contents are detailed in the insurance terms.