CPIC Life (HK) Launches the “CPIC Elite Membership” to Construct Core Competitiveness of “CPIC Providers”

HONG KONG, Jan. 3, 2023 /PRNewswire/ — It marked the primary anniversary of China Pacific Life Insurance coverage (H.Ok.) Firm Restricted (the “Firm“;”CPIC Life (HK)“), a subsidiary of China Pacific Insurance coverage (Group) Co., Ltd. (the “Group“;601601.SH; 02601.HK; CPIC.LSE) just lately. On this event, CPIC Life (HK) formally launched the “CPIC Elite Membership”, which opens a model new window to reinforce buyer satisfaction and successfully increase the model consciousness of “CPIC Providers”.

Persevering with to enhance customer support and optimise the service expertise in a complete method

Lately, CPIC has been constructing an insurance coverage service ecosystem by progressively bettering its primary and value-added service expertise based mostly on the diversified wants of its purchasers for services. CPIC Life (HK)’s launch of the “CPIC Elite Membership” is a vivid reflection of the Firm’s efficiency of the “Accountable, Good and Caring” “CPIC Providers”.

Established and managed by CPIC Life (HK), the “CPIC Elite Membership” is a membership-based membership that brings a variety of providers to the “CPIC Elite Membership” members based mostly on the combination of CPIC’s assets, to assist the purchasers obtain extra refined well being care, wealth administration and retirement planning.

It’s understood that the person coverage candidates can apply for the membership of the “CPIC Elite Membership” once they buy insurance coverage insurance policies below an insurance coverage product of CPIC Life (HK), or apply for the membership after already holding an in-force coverage. The Membership relies on a factors system. For each US$1 of “Whole premium payable” (Annual premium cost * Years of cost), a member can obtain 1 “CPIC Elite Membership” level if the insurance coverage product of CPIC Life (HK) below which such member purchases an insurance coverage coverage is a product which is eligible for incomes factors. Primarily based on the variety of factors earned, the members of the “CPIC Elite Membership” can take pleasure in corresponding advantages, the designated members may also apply for the occupancy {qualifications} of “Pacific Care Houses” by means of this system of “Pacific Care House Hong Kong Residents Sharing”, having fun with high-quality pension and well being providers. “Pacific Care Houses” is invested and operated by CPIC Senior Residing Funding, aiming to supply glorious retirement and senior care communities and supporting providers.

The launch of the “CPIC Elite Membership” will additional enhance CPIC Life (HK)’s service choices and strengthen the reference to its purchasers, bringing a greater insurance coverage expertise to the customers and enhancing the competitiveness of the Firm’s model.

Actively pursuing the 5 methods to drive the standard improvement of the Group

As an essential step in CPIC’s abroad enlargement, the institution of CPIC Life (HK) has laid a strong basis for CPIC to grasp its internationalisation and take part within the development of the Guangdong-Hong Kong-Macao Higher Bay Space and for driving its personal high quality improvement.

Within the first 12 months since its institution, led by the 5 methods – “Higher Bay Space Technique”, “Localization Technique”, “Internationalisation Technique”, “Massive Well being and Massive Retirement Technique” and “Innovation and Expertise Empowering Technique”, CPIC Life (HK) supplies its purchasers with a full vary of high quality services, striving to develop into one of the best life insurance coverage firm in Hong Kong when it comes to buyer expertise.

When it comes to regional improvement, CPIC continues to advertise its strategic deployment within the Higher Bay Space, collaborating with assets from each the Mainland and Hong Kong to innovate and improve its services, and construct a diversified service system for well being care, retirement and wealth administration. For instance, CPIC has established a Higher Bay Space headquarters constructing in Guangzhou and a know-how innovation centre in Shenzhen, anticipating that the purchasers of the Group can take pleasure in such assets and revolutionary providers in a number of cities within the Higher Bay Space.

Trying forward, with the accelerated improvement of the combination of the Guangdong-Hong Kong-Macao Higher Bay Space, there shall be considerable market demand produced for complementary insurance coverage services. CPIC will proceed to implement the Higher Bay Space Technique, with the imaginative and prescient of turning into the “management in wholesome and regular improvement of the insurance coverage trade” “being one of the best in buyer expertise, enterprise high quality and threat management capabilities”, and along with CPIC Life (HK), seize the alternatives introduced by the development of the Higher Bay Space to assist the Group transfer additional and additional alongside the trail of high quality transformation and improvement.


About China Pacific Life Insurance coverage (Hong Kong) Firm Restricted

China Pacific Life Insurance coverage (H.Ok.) Firm Restricted (”CPIC Life (HK)”)is a wholly-owned subsidiary of China Pacific Life Insurance coverage Firm Restricted (“CPIC Life”) which is a subsidiary of China Pacific Insurance coverage (Group) Co.,Ltd. ( “CPIC”). CPIC is without doubt one of the prime three life insurance coverage firms in China (when it comes to whole gross premium in 2021). CPIC Life Hong Kong was licensed by the Hong Kong Insurance coverage Regulatory Authority to function long-term insurance coverage enterprise in Hong Kong on November 18, 2021. It’s dedicated to offering prospects with complete life insurance coverage and wealth administration merchandise to satisfy the purchasers’ wants at totally different phases of life. It goals to develop into considered one of Hong Kong life insurance coverage firms with one of the best shopper expertise.

For additional info, please contact:
China Pacific Life Insurance coverage (H.Ok.) Firm Restricted
Strategic Planning Division
Sandy Ip
Tel:+852 2213-9032

SOURCE China Pacific Insurance coverage (Group) Co., Ltd.

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