The one upstairs is from China Life, right? The poster is asking about PICC Life Insurance!

PC Life is one of the 10 subsidiaries of PICC Group, and PICC Group is also the only state-owned insurance company!

China Life was separated from the PICC Group as early as 1996. At that time, China Life lost billions in independent operations. In order to go public, it dumped all its liabilities to PICC. Therefore, China Life had already It is no longer a state-owned company. Now it is just doing private business under the banner of state-owned enterprises.

PICC PICC Group initially has 10 subsidiaries, including PICC Property & Casualty, PICC Life, PICC Health, PICC Holdings, PICC Investment, PICC Assets, Zhongyuan Brokerage, Zhongren Brokerage, Zhongsheng International, and PICC Hong Kong

Extended reading: How to buy insurance, which one is better, and step-by-step instructions to avoid these "pitfalls" of insurance