Zhengzhou, ChinaJune 9, 2026 /PRNewswire/ — Recently, Ping An Life Insurance launched the Ping An Additional Anshou Nursing Insurance (hereinafter referred to as “Anshou”), featuring an innovative “long-term nursing coverage + flexible option selection” design to precisely address the needs of families in the era of longevity for elderly care and nursing risk management.
Currently, China is accelerating the construction of a multi-tiered elderly care security system to actively respond to the new challenges posed by an aging population. In March 2026, the General Office of the Communist Party of China Central Committee and the General Office of the State Council issued the “Opinions on Accelerating the Establishment of a Long-Term Care Insurance System,” clearly stating the goal to basically establish a long-term care insurance system suited to China’s national conditions within about three years.
As the “sixth social insurance” following pension insurance, medical insurance, work-related injury insurance, unemployment insurance, and maternity insurance, the long-term care insurance system is becoming an important institutional arrangement for the state to improve the social security system and solve the problem of “one person disabled, the whole family imbalanced.” Against this backdrop, Ping An Life Insurance’s innovative launch of the Anshou Nursing Insurance is not only a positive response to the national policy direction of improving the long-term care security system but also a forward-looking layout to meet the escalating needs of customers for elderly care and nursing.
The combination of Anshou and the Jinyue Pension Annuity[1][2][3] can provide long-term nursing care benefits, covering potential accidental injuries and high-incidence specific disease risks, adding a layer of certainty to a quality retirement life.
One-Time Planning, Dual Protection for Retirement and Nursing. The product combination of Anshou and the Jinyue Pension Annuity forms a dual protection model of “pension annuity + nursing coverage.” When a customer enters the pension annuity collection phase and experiences a nursing event, they can not only receive long-term nursing insurance benefits but also continue to receive their original pension annuity without interruption, building a solid dual safeguard for their later years and making retirement life more comfortable and worry-free.
Focusing on High-Incidence Risks for Greater Peace of Mind in Retirement. In terms of coverage scope, Anshou focuses on high-incidence risks during the retirement phase, providing long-term nursing insurance benefits for 10 specific diseases[4] and accidental disabilities classified as Level 1 to 3, safeguarding customers’ retirement life. Customers can also choose different protection plans based on their needs. Plan 1 offers a long-term nursing benefit equal to 1 times the basic sum insured annually, with a maximum payout period of 15 years. Plan 2, in addition to the coverage of Plan 1, also covers 10 mild-to-moderate specific diseases[5]. If a nursing event occurs, customers can receive a care benefit, providing financial support in the early stages of the disease and alleviating family financial pressure[6].
Long-Term Protection, Building a Nursing Safety Net for Retirement Life. The insurance period for Anshou is lifelong, with an insurable age range covering from 0 years old (must be at least 28 days old) to 75 years old, meeting the protection needs of customers and their family members at different ages. After a nursing event occurs, customers can choose to receive benefits annually or monthly based on actual needs, with a maximum continuous payout period of 15 years, providing a stable and continuous source of funds for the long-term care phase.
A relevant official from Ping An Life Insurance stated that with the arrival of the era of longevity, retirement security is no longer just about wealth accumulation; it also requires attention to deep-seated needs such as long-term care. The launch of Anshou is an important practice for Ping An Life Insurance to fulfill its “finance for the people” philosophy and contribute to improving the elderly care security system. In the future, Ping An Life Insurance will continue to focus on the life-cycle protection needs of customers, constantly enrich and innovate the supply of insurance products in areas such as elderly care and nursing, and through more thoughtful insurance protection and services, help more families prepare for the future, face it with ease, and contribute to actively responding to population aging and supporting the construction of a Healthy China.
[Important Notice]
[1] The combination of Anshou and the Jinyue Pension Annuity consists of the Ping An Additional Anshou Nursing Insurance (referred to as “Anshou”) and the Ping An Shengshi Jinyue Pension Annuity Insurance (Dividend Type) (referred to as “Jinyue Pension Annuity”). Jinyue Pension Annuity is the main policy, providing pension, death, and maturity benefits; Anshou is a rider, primarily providing nursing benefits. You can reasonably plan and choose insurance product plans based on actual needs and financial affordability, or you may choose to purchase any single product in this insurance product plan separately.
[2] Ping An Shengshi Jinyue Pension Annuity Insurance (Dividend Type) is a participating insurance policy. Policyholders can participate in the surplus distribution of the company’s participating insurance business in the form of policy dividends. We determine the dividend distribution plan annually based on the actual operating performance of the participating insurance business. The dividend benefit illustration is based on the company’s actuarial and other assumptions, does not represent the company’s historical operating performance, nor does it represent expectations of the company’s future operating performance. Policy dividend distribution is uncertain and may be zero in some years.
[3] The combination of Anshou and the Jinyue Pension Annuity is only a suggested plan. Customers can reasonably plan based on actual protection needs and financial affordability, and may choose to purchase the main policy separately.
[4] The 10 specific diseases are Severe Alzheimer’s Disease, Severe Sequelae of Stroke, Severe Sequelae of Encephalitis or Meningitis, Blindness in Both Eyes, Severe Brain Injury, Severe Primary Parkinson’s Disease, Severe Motor Neuron Disease, Loss of Multiple Limbs, Severe Idiopathic Pulmonary Hypertension, and Paralysis. Specific product responsibilities are subject to contract terms.
[5] The 10 mild-to-moderate specific diseases are Mild Alzheimer’s Disease, Mild Sequelae of Stroke, Moderate Sequelae of Encephalitis or Meningitis, Blindness in One Eye, Moderate Brain Injury, Mild Primary Parkinson’s Disease, Early Motor Neuron Disease, Loss of One Limb, Mild Idiopathic Pulmonary Hypertension, and Moderate Paralysis. Specific product responsibilities are subject to contract terms.
[6] After the payment of the mild-to-moderate care benefit, the maximum payment period for the long-term nursing benefit is adjusted to 14 years.
[7] The content of this document is for your understanding of the insurance terms only. Under certain circumstances, we are not obligated to pay insurance benefits. For specific insurance responsibilities, exclusions, contract termination, and other details, please refer to the insurance terms.