ICBC AXA is a joint venture between the giant French insurance group AXA and the Industrial & Commercial Bank of China – China’s largest bank. This brings together a great brand with the local support of ICBC.

How we and our client’s rate them:

icbc-axaPrice: Competitive
China Direct Billing:  7/10
Cover:  7/10
Overseas Capabilities:  4/10
Service:  Standard
Popularity:  8/10
Price stability:  9/10
Direct Billing?  Yes
Online servicing?  No
Portable to other countries when you leave China?  No
Lifetime renewability?  No

*These ratings are subjective and based on our industry experience and feedback from our clients.

The pros

  • Provides some of the best value-for-money plans with generous benefits and a low price
  • The GlobalCare Plans are one of the most popular plan choices with our clients
  • Is the lowest price if you want international cover with dental and annual health check-ups included
  • Offer a no-claims bonus. Great for those who generally don’t see the doctor
  • Quarterly premium payment option available

The cons

  • Even though they have worldwide options, it works best for people based mainly in China who are unlikely to regularly use the insurance overseas or in their home country. Direct billing overseas is patchy to say the least.
  • No apps or online servicing is available.


  1. Beijing New Century International Children’s Hospital
  2. Beijing New Century Harmony Pediatric Clinic