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Day: November 29, 2021

Fanhua Launches Customized Whole Life and Annuity Insurances with Sinatay

Written by Customer Service on . Posted in Public Companies.

GUANGZHOU, China, Nov. 28, 2021 (GLOBE NEWSWIRE) — Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that it has partnered with Sinatay Life Insurance Co., Ltd (“Sinatay”) to launch two customized products, including “Fanhua-Sinatay Legacy”, a whole life insurance plan and “Fanhua-Sinatay Yixiang”, an annuity insurance plan. Fanhua-Sinatay Legacy whole life insurance plan not only provides lifelong protection, but also enables policyholders to enjoy stable returns to suit various financial objectives including children education funds, savings for retirement life, investment or financial legacy management, with guaranteed rate of return of 3.5% on cash value and the flexibility for policyholders to apply for policy loan, adjust premiums or place policies...

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