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What insurance company is PICC?
PICC is China People's Property Insurance Company Limited, referred to as "China People's Insurance Company", which was established by China People's Insurance Group Company with the approval of the State Council and China Insurance Regulatory Commission in July 2003.

1. How reliable is China People's Insurance Company?

1. Comprehensive strength: China People's Insurance Company was established in 1949 and its headquarters is in Beijing. Since its establishment, the insurance company has won many honorary medals, such as being selected as one of the top 500 global brands, publishing the list of the top 500 most valuable brands in the world in 2020, and being rated as 168 and "Top 500 Chinese brands in 2020" by PICC China. Insurance companies are the best and trustworthy insurance companies in China.

2. Insurance products: The business scope of China People's Insurance Company covers property insurance, life insurance, reinsurance and other fields, innovating the modes of "insurance+industry", "insurance+health" and "insurance+people's livelihood", making use of the insurance mechanism to make up for the shortcomings, and realizing the effective connection between poverty alleviation and rural revitalization.

3. Company advantages: brand advantages, service advantages and guarantee advantages.

Second, how to buy insurance is the most cost-effective and practical?

1. Life insurance is easy to understand. If the insured dies or is totally disabled within the prescribed time limit, the insurance company will pay a sum of compensation according to the agreement, which is mainly divided into term life insurance and whole life insurance.

2. Accident insurance, which provides economic compensation for the loss caused by the death or disability of the insured due to accidents.

3. Medical insurance mainly reimburses the reasonable expenses of the insured in the course of treatment in proportion, usually limited to a certain amount.

4. Critical illness insurance Some people may think that with medical insurance, there is no need for critical illness insurance. In fact, the main functions of these two types of insurance are different. Critical illness insurance is mainly used for rehabilitation expenses and compensation for economic losses. Once a person is seriously ill, he will not only pay high medical expenses, but also lack a source of income. This is also the reason why many families are "poor due to illness".

Generally speaking, it is the most cost-effective to choose the product that suits you best according to your own budget and needs.