Huize Holding Limited announced that it has partnered with Dingcheng Life Insurance Company Ltd. (Dingcheng Life) to launch "Xiao Tao Qi No.2", the latest child critical illness insurance product offering in the "Xiao Tao Qi" series, which extends coverage to more illnesses and increases the hospitalization allowances for families seeking protection for their children. ?Xiao Tao Qi No.2? provides extensive coverage for 190 severe, moderate and mild illnesses (compared to 183 for ?Xiao Tao Qi No.1?). It is also distinguished by three key product highlights: (i) for diseases other than those specified in the policy contract as severe, moderate, and mild illnesses, ICU hospital cash benefits of RMB 1,000 per day (starting from the second day of hospitalization) for up to 90 hospitalization days per policy year and 30% of the insured amount; (ii) hospital cash benefits of RMB 300 per day for up to 60 hospitalization days per policy year and 300 hospitalization days in policy lifetime for accidents or diseases suffered by policy beneficiaries in the aftermath of a diagnosed critical illness; (iii) six optional benefits, including first-time illness care benefits, hospitalization benefits after critical illness, multiple benefits for critical illness, severely extended malignant tumors benefits, family care benefits, and death and total disability benefits.

The upgraded product also provides customers with value-added services such as online doctor consultations.