Please note that this insurer is unlicensed and unregulated in PR China, and therefore we cannot help you get insured with this unregulated insurer.
The good news however is that there are quality global brand insurers that are licensed and regulated in PR China. The Global brand insurers have local offices (usually Beijing and Shanghai), and offer local 24/7 multilingual emergency hotlines, and local language and customer support, making them much better suited to expats living in China.
You can compare our full range of qualified insurers and receive a free quote by clicking here.
AIG China Health Insurance Insurer
AIG stands for American International Group but despite it’s name and high brand recognition in the western world as a trusted insurer from the US, the group was actually founded in Shanghai in 1919.
Now a worldwide recognized brand focusing on financial services, retirement plans and a broad array of insurance services, AIG’s more recent history in China dates to 1992 when it became the first foreign company to receive a foreign insurance licence in 40 years.
Currently AIG is the biggest wholly foreign-owned insurer operating in China.
AIG Coverage area
AIG has been expanding its presence in China since its return in 1992, opening offices registered to do business in the cities of Shanghai, Beijing, Guangzhou, and the provinces of Jiangsu and Zhejiang.
Known for offering good value on worldwide including US cover, AIG also offers worldwide excluding US and China only.
There’s a more simple approach taken by AIG than other insurers, with a relatively straightforward range of packages featuring less bells and whistles. Whilst this leads to a loss of customizability to some extent, many insurees appreciate being able to more readily understand what they are paying for and being covered for.
AIG offer a five-tier plan with the most basic level being hospital-only with a mandatory deductible from 3,200 RMB to 32,000 RMB. At higher levels, deductibles are optional, and by tier 3, an extensive range of inpatient and outpatient covers are included. The top of the range plan includes maternity cover, and all plans have the option to add dental cover.
There is also a three-tier system of plans offering personal accident cover which include options for accidental death or disability, and hospital income of up to 90 days per year of the plan.
Payments can be made on an annual basis in RMB or US dollars with a direct billing facility possible through AIG’s global network.
Groups can be formed comprising 5 or more insured persons
Strong on international portability, AIG is a top choice with American expatriates looking towards the higher end of the market. AIGs brand suffered during the financial crisis of the late 2000s, it required substantial financial support from the US government to continue trading. However the group recovered and still enjoys a strong reputation as a trusted insurer.