For consumers, the most important thing to buy insurance is the product itself, product terms, product protection and so on. And the size of the company has nothing to do with product claims. Therefore, no matter whether you buy Taiping or Ping An insurance products, you can get compensation as long as you meet the claim conditions.
China Taiping Insurance Co., Ltd. (hereinafter referred to as China Taiping) is the first multinational financial insurance group company in China, which was established in Shanghai on 1929. Originated from three national brands: Taiping Insurance, China Insurance and Min 'an Insurance.
China Ping An Insurance (Group) Co., Ltd., referred to as "China Ping An" for short, is the first joint-stock insurance enterprise in China, established in 1988 and headquartered in Shenzhen. Its business scope includes investing in insurance enterprises, supervising and managing various international businesses of holding investment enterprises, and using insurance funds.