How about critical illness insurance?

In order to avoid this risk, we often use commercial insurance to avoid it. One of the very popular insurance policies in the insurance market is critical illness insurance.

So what is the role of critical illness insurance? Do you know how to choose a suitable critical illness insurance? The school sister has now prepared the relevant content for everyone!

Because more specialized knowledge will appear below, you may want to know the basic insurance knowledge first to better understand the latter:

"Before you buy an insurance policy, be sure to figure out these key knowledge points first!

One, what is the role of critical illness insurance?

Before telling about critical illness insurance, let's first introduce a real case~

Because of cirrhosis of the liver, 35 year old Wang in the hospital bed lying there for a year, and ultimately a liver transplant surgery a **** cost a huge amount of 500,000 yuan. In this year, the family lost the main pillar of the economy, all rely on his wife and elderly parents to support the family economy, fortunately, there is social security reimbursement, part of the treatment costs they did not bear, but the daily living expenses and hospitalization medical expenses are necessary, the family economy is still a huge loss, the old king himself is not good over the bitter.

But in the same ward of the old Li, age difference, the condition is also similar, but the recovery period has been very stable mood, the family did not because of this change of heart and hit hard, because of the old Li especially rich? The answer is no. The reason is that in addition to its own social security reimbursement, the old Li also relied on earlier years to buy critical illness insurance, was compensated for a high amount of insurance premiums, so that it successfully through the economic difficulties of the disease, but also does not affect the normal operation of the family.

To this point, the role of critical illness insurance is very obvious:

Once a person suffers from a serious illness, many families find it difficult to cope with the situation, and some may even have to borrow money from others to pay for treatment.

The purpose of critical illness insurance is to get protection against serious illness and to reduce the financial burden during treatment.

So, buying a critical illness insurance policy is for "income compensation", to transfer the high cost of treatment and recovery from a critical illness, as well as the financial risk of not being able to work and earning a low income after the illness itself.

Let every ordinary family have enough money to support treatment and recovery in the event of a serious illness in the future, so that one person's illness does not affect the rest of the family.

Secondly, the types of critical illnesses are not the only ones mentioned in the previous article, but the coverage of critical illness insurance is very wide, and the claims are also detailed in detail, and there are still questions about this insurance, you can learn about this article:

What are the illnesses that are covered by the insurance policy? Don't buy without knowing this!

So, after recognizing the role of critical illness insurance, how should we go about selecting our own suitable critical illness insurance? With the school sister continue to read down.

Two, how to choose a suitable critical illness insurance?

Choosing a critical illness insurance, mainly from their own needs, these points need to focus our thinking!

(1) Occupation

Various industries face different risks, due to the work of the more special, part of the high-risk industry people's probability of illness will be higher than the ordinary people, so the insurance company in the setting of the products of the population limitations, may be limited to such occupations, we choose the critical illness insurance. When we choose a critical illness insurance policy, we have to focus on the occupation! The fact that you have to choose the right kind of insurance for your profession will help you to avoid all kinds of situations in which you will not be able to get the right kind of compensation.

(2) Coverage

The higher the coverage, the more expensive the premiums. As far as protection is concerned, the higher the sum insured, the stronger the critical illness insurance, the stronger the risk of resisting disease; and the higher the sum insured, the higher the insurance company's payout fund. These two points can be seen, critical illness insurance coverage gradually higher amount of circumstances, with the corresponding premium price also becomes higher, we have to consider based on their own to decide a reasonable amount of coverage. However, considering that the average treatment cost of high incidence of serious illnesses is about 300,000 yuan, I suggest that the insured amount of critical illness insurance at least 300,000 yuan, in order to effectively transfer the economic risk.

(3) Insurance age

The age is gradually increasing, and the price of critical illness insurance is also more expensive. When you are young, you are less likely to get a major illness, so the corresponding price is cheap. On the other hand, as you get older, you are more likely to be diagnosed with a serious illness, and insurance companies will charge higher premiums for older people in order to minimize the pressure to settle claims. If you are planning to buy critical illness insurance, try to buy it as early as possible, the earlier you buy it, the more cost-effective it will be. The other thing you need to be aware of is that there is a maximum age at which you can be insured, which means you can't be over the age of insurance if you want to buy a critical illness insurance policy.

(4) Payment Methods

The payment period of the critical illness insurance can be single payment (one-time payment), or term payment: 3 years payment/5 years payment/10 years payment/15 years payment/20 years payment/30 years payment, the payment of different period of time for the choice of payment, premiums of course, is not the same. The school suggested that when you buy critical illness insurance, as far as possible, choose a longer payment period, so that not only can make the insurance leverage longer, but also can effectively give each installment of premiums to reduce the pressure, the best of both worlds.

Summary:

There are many types of critical illness insurance, it is not difficult to understand, but we need to spend a certain amount of time and effort to buy, we can also talk to friends around the exchange, or ask the school sister, in short, want to buy a critical illness insurance of their choice, it is necessary to do your homework!

Lastly, I would like to leave you with a popular article on critical illness insurance with specific coverage for critical illnesses, intermediate illnesses, and minor illnesses, so that you can review the relevant content and reduce the chances of stepping on the pit:

Which one of the best critical illness insurance is it, and how to buy it at a reasonable price, and teach you to avoid these pitfalls in insurance

This is the first time I've seen a critical illness insurance policy in the world.

Written in the end

I am the school bully said insurance, focusing on objective, professional, neutral insurance assessment;

If the above has not solved your problem, you can also come to the public number of the school bully said insurance to consult me;

I will give you the most professional advice with years of experience in configuring insurance for 10W+ families.

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