Is Metropolitan Life Insurance Reliable?

When you buy insurance, you will not only carefully choose products, but also carefully choose insurance companies. After all, buying insurance, especially long-term payment insurance, is no small matter for families and individuals. So, is metropolitan insurance reliable? Interested parties look down together!

1. Is MetLife insurance reliable?

1, from the company background.

MetLife is a Sino-foreign joint venture insurance company named Luen Thai MetLife Insurance Company. Established with the approval of China Banking Regulatory Commission in August 2005, with its headquarters in Shanghai. It is a joint venture between a subsidiary of American Metropolitan Group and Shanghai Lianhe Investment Co., Ltd., with a registered capital of 2.72 billion.

2, from the perspective of security:

It is not generally difficult to register and operate an insurance company. In addition to funds, the CIRC will also conduct an in-depth inspection of shareholders' credibility and enterprise management system. It usually takes two to three years to apply for a business license from the CIRC. The company's main business includes life insurance, health insurance, accident insurance and annuity insurance. The company's solvency is also sufficient, which meets the requirements of the CBRC and is a regular insurance company. We should know that the threshold for setting up an insurance company in China is very high, and there are also "ten safety mechanisms".

3. From the perspective of insurance products.

Healthy Sui Xin II critical illness insurance is the main product of MetLife. This product takes life insurance as the main risk, and pays sickness insurance premium in advance as the additional risk. Covers 105 kinds of major diseases, 45 kinds of mild diseases, 30 kinds of moderate diseases, premium exemption and other guarantees, and can also attach responsibilities such as extra compensation for malignant tumors and multiple compensation for serious diseases, so the insurance is flexible. The most important thing is that minor illness protection is still effective after serious illness claims, which is extremely rare in similar products.

4. From the perspective of solvency.

To analyze whether an insurance company is qualified, we can also start with solvency, which indicates whether the insurance company has enough assets to pay the insurance amount and reflects the company's financial stability; In 2022, MetLife's comprehensive solvency adequacy ratio and core solvency adequacy ratio were both 357%, both exceeding the requirements of the CBRC.