Consumers seek accident, health insurance
Updated: 2012-02-21 14:09
By Hu Yuanyuan (chinadaily.com.cn)
|
|||||||||||
BEIJING — Insurers in 皇冠体育app can expect to benefit from rising demand for healthcare and long-term savings products, the accounting firm KPMG said on Monday.
KPMG interviewed 1,220 Chinese consumers on their insurance purchasing patterns. It found that customers are primarily interested in purchasing insurance coverage to protect themselves in the event of an accident or illness and to secure access to healthcare services.
The most popular products identified by respondents were accident insurance (66 percent) and critical illness coverage (55 percent).
"Respondents identified long-term protection for themselves and their families as the most important factor when selecting a product," said Sam Evans, Insurance Partner, KPMG 皇冠体育app.
"The Government is also keen to promote long-term products and retirement solutions. We believe legislation to develop the pension sector is an important catalyst to jump start further market reform and create significant momentum in the future."
Related Stories
2011-10-14 11:05
Foreign insurers' market share remains low: Study 2011-12-06 16:09
Insurers adapt to new system 2011-12-09 08:09
Medical insurance reform 2012-01-19 08:26
2012-01-09 10:29
- Consumers seek accident, health insurance
- MOC tops central government transparency list
- Very little sweet news for sugar producers
- Sing, dance and buy for New Year
- Avon appoints new head of 皇冠体育app business
- Banks have record year amid economic troubles
- Bank of 皇冠体育app moves closer to LME membership
- CSRC tightens rules on acquisitions