Why did Mutual Treasure go out of business?

Mutual Treasure is the platform of serious illness mutual aid plan in Alipay, and many people have joined it. However, Zu Xin News Mutual Treasure will be closed at 24: 00 next year1October 28th, causing a heated discussion, so why should Mutual Treasure be closed? Let me introduce you to the reasons for the shutdown of Mutual Treasure. Interested friends come and have a look.

In addition, in order to better protect the rights and interests of Huzhu Bao members, after Huzhu Bao stops running, sick members who meet the mutual aid rules can still apply for mutual aid funds: that is, sick members who were diagnosed in the hospital before 24: 00 on June 28, 2022 and were in the mutual aid program at the time of diagnosis can apply within 180 days (including 180 days) from the date of initial diagnosis in the hospital. The mutual treasure platform will review according to the existing mutual aid rules, and all the mutual aid funds approved will be borne by the mutual treasure platform and do not need to be shared by members. ,

In order to prevent the interruption of some members' protection after downtime, Mutual Protection said that members can independently choose appropriate protection products as new protection schemes according to their own needs.

According to public information, Mutual Treasure was launched at the end of 20 18, and the "insurance first, then distribution" mode without fund pool was realized for the first time in the industry, and its members quickly exceeded 6,543.8+billion in a year or so. The latest publicly shared information shows that at present, the number of mutual treasure members is nearly 75 million, and 7 1 mutual assistance has been completed, helping more than 179000 sick members.

It is worth mentioning that a number of mutual aid platforms, such as Meituan Mutual Aid, Water Drop Mutual Aid and Easy Mutual Aid, have been announced to be shut down, and the overall "landslide" of the industry has become a consensus.

The above is an introduction about why mutual treasure is shut down, and I hope it will help everyone.