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    Home > Medical News > Medical Research Articles > "2021 China High Net Worth People's Health Investment White Paper" released

    "2021 China High Net Worth People's Health Investment White Paper" released

    • Last Update: 2022-01-08
    • Source: Internet
    • Author: User
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    This year’s "White Paper" is the second release since 2020.


    All-round full life cycle health services, opportunities and challenges coexist

    "Now everyone’s awareness of insuring health insurance has become stronger, but health insurance has long surpassed the concept of a single financial product.


    According to the "White Paper", although the average age of the participating group is only 36 years old, while the high-net-worth population is getting younger, the proportion of people with health problems is close to 90%, and the proportion of people suffering from chronic diseases is as high as 80%.


    "In this year's "White Paper", we noticed a phenomenon that among high-net-worth individuals, the proportion of high-net-worth individuals paying for medical expenses through insurance companies has increased by nearly 10% over the previous year, and high-end medical insurance accounts for a large proportion


    Continue to explore to meet individual needs

    "We found that in 2021, high-net-worth individuals will have a substantial increase in the annual premiums and coverage of commercial medical insurance, especially the range of 50,000 to 100,000 premiums is nearly 20% higher than in 2020, reaching 31.


    Taking China Merchants Cigna Life as an example, the medical network serving high-end medical insurance institutions has been continuously expanding.


    In the inheritance of sustainable wealth, insurance plays a major role 

    According to the "White Paper", financial investments such as wealth management, funds, stocks, and private equity have become the most important investment methods for high-net-worth groups for two consecutive years.


    "When it comes to wealth management for high-net-worth individuals, pensions, education, and the safe inheritance of wealth are topics that cannot be avoided, so insurance related to them has always been popular," Cai Lianhe explained


    From the perspective of specific product selection, it is mainly concentrated in two categories: annuity insurance and life insurance:

    • 67.


      "Our'heirloom' series of whole life insurance and'freedom' series of pension annuities were developed in response to the different needs of wealth inheritance


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