AXA Tianping Health Insurance in China
AXA Tianping health insurance plans are available for both individuals as well as corporate members in China. This is the biggest AXA entity in terms of sales volume of health insurance products in China. Followed by ICBC AXA and AXA PPP. This is a merger between AXA itself and one of the largest motor vehicle insurance providers in China – Tianping. Foreigners and expats in China can purchase health insurance plan from either of those entities. Moreover, each is serviced separately and have good relationship and services with most major international hospitals in China.
Currently AXA TP is one of the largest foreign insurance providers on SME and Property&Casualty plans. AXA Tianping P&C Insurance also provides corporate property insurance, family property insurance, and health insurance.
In China they have a very wide range of health insurance options available. For instance, starting from child only plan and all the way to a more luxury solution named Prestige. This plan, in particular, is one of the best known plans on the market to cover pre-existing medical conditions. All such are available for both locals and expats in China.
AXA Tianping Health Insurance Plans Overview
Below is executive summary of what AXA Tianping health insurance plans look like in China for expatriates and foreigners.
Pros
- One of the largest direct billing list in the country
- Portable to most EU and Asian countries should you decide to leave China
- Child only plan
Cons
- Pricing could be more attractive
- Dental benefits have a sub-limit of RMB 500-800 for cleaning. Clearly, this is not enough for most private institutions in Tier 1 cities
It is a very different situation if we look at corporate plans. AXA there is definitely on elf the top supplies on the market. Insurance plans can be tailored in many ways. This includes both servicing as well as policy structures.
Source: AXA China website axa.cn and Bloomberg
Refer to our ultimate list on general overview of insurance companies in China.