What kind of insurance do people over 70 buy outside social security?

Buying commercial insurance is a good way to transfer the family economic risks caused by accidents/diseases. However, there are few insurance products that the elderly over 70 can choose, and critical illness insurance and life insurance are almost impossible to buy. Even if you can buy a serious illness, its stricter underwriting has discouraged many people. In addition, the leverage ratio of this age group to buy critical illness insurance is extremely low, and it is likely that the premium paid is equivalent to the insured amount, which loses the significance of buying insurance.

So, what kind of insurance can the elderly over 70 buy? What kind of insurance should I choose first? Suggestion: exclusive accident insurance for the elderly+cancer medical insurance, or exclusive accident insurance for the elderly+cancer prevention insurance, give priority to the purchase of accident insurance for the elderly.

1. accident insurance is preferred.

Accident insurance does not need health advice, and 80-year-olds can buy it. There are basically no restrictions and the premium is not high. The elderly have inconvenient legs and feet, and the probability of fracture and accidental wrestling is high, so the elderly over 70 can at least buy an accident insurance, which is a basic guarantee. At this age, the insured amount of accidental injury of accident insurance is not the focus of attention, but should pay more attention to the insured amount of accidental medical care. The higher the insured amount of accidental medical expenses, the better.

For example, PICC enjoys comprehensive accident insurance for the elderly, specifically for middle-aged and elderly people. 50-80 years old can be insured, with a wide range of coverage, including accidental injuries and accidental medical treatment, including fracture and dislocation protection, and additional subsidies for accidental rescue expenses.

2. Serious illness is not cost-effective. Choose cancer medical insurance or cancer prevention insurance.

According to the data released by the National Cancer Center, the incidence of cancer began to increase rapidly at the age of 40 and reached its peak at the age of 80. Old people over 70 years old will have chronic diseases such as hypertension and arthritis to a certain extent, and it is basically difficult to pass the health notification of critical illness insurance. Moreover, for the elderly in this age group, even if they can buy critical illness insurance, the premium paid may be as high as the insured amount, and even the premium may be upside down. Therefore, it is unrealistic for the elderly over 70 to buy critical illness insurance.

Cancer medical insurance and cancer prevention insurance are generally relatively loose, and people with three highs can also be insured, which is more suitable for the elderly over 70 years old. At present, there are one-year cancer medical insurance and long-term cancer insurance with high cost performance on the market. Compared with long-term cancer insurance, 1 year cancer medical insurance has lower premium and can obtain high cancer medical insurance. If the budget is not much, you can choose cancer medical insurance first.

(1) cancer medical insurance:

People over the age of 70 can buy very little medical insurance, and life-long cancer medical insurance with peace of mind can only be insured at the age of 70. However, the medical insurance coverage for cancer is 2 million, and there is no deductible, so it can be insured continuously until 105 years old.

(2) Cancer insurance

For example, Dehua's Guxiao Bao Qin elderly malignant tumor insurance, once cancer is diagnosed in the guarantee responsibility, the insurance company will pay the insured amount, and at the same time, it can cover the maximum age. The guarantee period for the elderly over 70 can be selected as 10 year, that is, the maximum age can be guaranteed to 85 years.

Parents have worked hard for half their lives, and they need our careful care when they are old. Accident insurance is the basic guarantee for people over 70 years old. Cancer insurance and cancer medical insurance need to be configured according to budget, parents' age and physical health. I hope the above suggestions can help you configure the protection scheme for the elderly over 70 years old.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.