A healthy investment
4 years ago

A healthy investment

China Daily  

Visitors look at an Ant Insurance Claims Brain system at the Inclusion Fintech Conference, organized by Ant Group and Alipay in late September. Jessie Dong, 30, sent her life insurance policy to her mother, which says, if she dies before 50, family members will get a compensation of 3 million yuan. She pays about 350 yuan every month for the life insurance, and about 300 yuan annually for critical illness insurance with coverage of 4 million yuan, in case she runs out of money for "having to treat a serious disease someday". Of course, hopefully I won't use it," she says, adding she purchased insurance on Alipay, as she is too busy to visit insurance companies in-person, and she plans to continue investing in it. The younger generation, those born in the 1990s, in China is showing a higher interest in buying insurance, driven by the increased awareness of crises and a willingness to improve risk resistance capacity, experts say.

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A healthy investment
4 years ago

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