China Life provides a wide range of life insurance products and related services, including individual traditional life insurance, individual injury insurance, individual health insurance, group insurance, annuities, and investment-linked insurance. Meanwhile, the Company manages the funds by regulatory requirements to invest in securities, real estate, overseas markets and loans.
Individual life insurance:
Individual life insurance includes endowment, pure endowment, term life and whole life insurance, which provides the coverage for survival benefit, death or disability benefit during the policy period.
Individual injury insurance:
Individual injury insurance provides the coverage for injury, disability or death in accidents.
Individual health insurance:
Individual health insurance plan provides compensation for medical and surgical expenses from illness or accidents.
Interest sensitive annuity:
Interest sensitive annuity is a good tool for policyholders to do wealth management and retirement plans. The cash value of annuities will be accumulated base on declared rate in the deferral period, and annuities will be paid at the beginning of payment periods.
Annuity is a good tool for policyholders to do wealth management and retirement plans. The cash value of annuities will be accumulated in the deferral period, and annuities with guaranteed amount or tenors will be paid at the beginning of payment periods.
Travel insurance provides the coverage of unexpected illness or death by accident while traveling.
Investment-linked insurance plan combines investment and protection, part of the premiums will be invested in a wide range of investment choices.
Group insurance plan provides term-life, injury insurance or health insurance for the employees of enterprises or members of associations.
Universal life insurance plan provides the flexibility of premium payment; the insured amount can be altered as a policyholder's circumstances change. Besides, policyholders can use the saving element to accumulate cash value for retirement plans and wealth management.