Taikang Life

Taikang Life Insurance Co., Ltd. (hereinafter referred to as Taikang Life) is a subsidiary of Taikang Insurance Group engaged in life insurance business, headquartered in Beijing, with a registered capital of 3 billion yuan. It has been listed among the "Top 500 Chinese Enterprises" for thirteen consecutive years. Taikang Life has 36 branch companies nationwide, including Beijing, Shanghai, Hubei, Guangdong, Shandong, and Tibet, covering all provincial-level administrative regions in mainland China. It has over 4,200 institutions at all levels, nearly 600,000 agents, and annual premium income exceeding 130 billion yuan. Taikang Life, Taikang Pension, and Taikang Online have served a total of 183 million customers, processed claims for 14.61 million person-times, paid out 25.8 billion yuan in claims, and underwritten risk coverage of nearly 50 trillion yuan. Taikang Life consistently adheres to the principles of "marketization, professionalization, standardization, and internationalization," relying on its four-in-one business model of "active aging, high-end medical care, excellent wealth management, and ultimate care," focusing on providing insurance services. It is committed to becoming the most approachable and most favored large life insurance company in the market, making insurance safer, more convenient, and more affordable, and helping people become healthier, longer-lived, and wealthier, making Taikang a part of people's happy lives. Guided by customer needs, Taikang Life provides comprehensive life protection and investment and wealth management products and services for individuals and families through its nationwide network extending into counties and townships, as well as comprehensive channels of individual insurance, bancassurance, group insurance, telemarketing, and brokerage agencies. Taikang Life actively enriches its product lines to meet the needs of different market segments such as children, women, and high-net-worth individuals, and to address various needs including health, medical care, accidents, pension, and annuities. Taikang Life continues to innovate and has become an industry benchmark. It was the first in the industry to implement "100% telephone follow-up" for new policies, which later became an industry service standard. It was also among the first Chinese-funded life insurance companies to introduce an embedded value system, and among the first in the financial industry to introduce the chief officer system and independent director system, initiating the internationalization of corporate governance structure. It pioneered "family protection plans" and "special insurance for SARS" in the industry. Taikang Life upholds the corporate spirit and public welfare philosophy of "sharing success and contributing to society," fulfilling its corporate citizenship responsibilities. It steps forward in every major disaster to stand with the nation, and donated insurance coverage of over 20 billion yuan to the parade groups for the 60th anniversary of the National Day. To date, the total cumulative donations from Taikang Insurance Group and Chairman Chen Dongsheng personally have reached 350 million yuan. Under the premise of scientific decision-making, standardized management, and prudent operation, Taikang Life will fully leverage the functions of economic compensation, fund intermediation, and social management of insurance, achieving mutual benefits and win-win outcomes for customers, employees, shareholders, and society, thereby promoting national economic development and social harmony and stability.