Quite many times to pay for children s critical illness, Jingkang Baby VS Xiaoqinglong No. 2

Author: Yang Xiao.

Has your child had critical illness insurance?Is it a grouped or not-grouped critical illness bought?Is it a single claim or multiple claims for critical illness?

In fact, it is generally recommended to buy critical illness insurance for your child that is not grouped and compensated multiple times, and on this basis, you can choose the right product according to your budget and needs.

Today, I will talk about two children's critical illnesses that are not grouped, compensated many times, and are not evenly matched: Beijing Jingkang Baby (Heart Selected Edition) also known as "Fuluwa No. 2", Junlong Xiaoqinglong No. 2, what are the characteristics of these two products, interested friends, let's go down together. Table of Contents

01 What are the highlights of the two products?

02 Two products, comprehensive protection?

03 Two products, how to buy?

04 Are the premiums expensive for the two products?

05 What are the value-added services for the two products?

06 What is the strength of the company for the two products?

What are the highlights of the two products?

Jingkang Baby (Heart Selected Edition).

Highlights: 1. No grouping, multiple claims, 4 claims for critical illnesses, and 6 claims for moderate and mild diseases.

2. Medical care for 40 kinds of special diseases for children, with a maximum compensation of 2 million before the age of 18.

3. (Optional) Cancer - severe, two additional compensations, 100% and 120% of the sum insured respectively.

4. For pediatric leukemia, provide value-added services for the whole course of leukemia.

Minor shortcomings:

Moderate and mild symptoms are limited to the same.

Little Green Dragon No. 2

Highlights:

1. No grouping, multiple compensation, 3 times for critical illness, and 6 times for moderate and mild illness.

2. After paying for one critical illness, the insurance will be paid for mild and moderate illness.

3. 20 kinds of special diseases and 16 kinds of rare diseases are protected by double protection, and there is no age limit.

4. (Optional) Cancer - severe, an additional compensation of 120% of the sum insured.

5. For pediatric leukemia, provide Lu Daopei medical value-added services.

Minor shortcomings:

1. Moderate and mild symptoms are limited to the same.

2. Internet sales, offline service outlets are few

Two products, comprehensive protectionIs it?

Jingkang Baby (Heart Selection) and Xiaoqinglong No. 2 are inclusive children's critical illness products with good market form and sufficient protection, no grouping, no restriction on related diseases, and multiple claims》。

Jingkang Baby (Heart Selected Edition).6 coresBasic Coverage4 largeOptional feature coverage

Basic: Critical illness + moderate illness + mild illness +Children's special illness medical pension + death and high disability+ Premium waiver;

Optional:Multiple claims for critical illnessCancerSecond and third indemnity, sickness care fund, policyholder exemption.

Little Green Dragon No. 26 core basic guarantees + 5 optional feature guarantees:

Basic: Critical Illness + Moderate Illness + Mild Illness + Specific Disease +Rare diseases+ Premium waiver;

Optional: Death Total Disability, Cancer Second Benefit, Sickness Care Benefit, Insured Waiver, Hospitalization Fixed Medical Benefit.

The two products, whether it is basic protection, basic protection + optional protection, can be flexibly selected according to your needs.

What diseases are covered by the two products, such as critical illness, moderate illness, and mild illness?How many losses?How to pay?Let me disassemble them one by one.

1. Critical illness protection

How many critical illnesses are included?

Types of Critical Illnesses,Jingkang Baby (Heart Selection) contains 125 species, and Xiaoqinglong No. 2 contains 128 speciesThe critical illness categories of the two products cover the 28 types of critical illnesses that are the most common and must be insured as stipulated by the CBIRC.

Both products belong to the market to cover more types of critical illness products, the market contains 100 kinds of critical illness, 110 kinds, 120 kinds, in fact, the number of general critical illnesses, 28 kinds of diseases other than the insurance company is formulated, although the number is large, but the probability of occurrence is low, can be used as an appropriate reference, do not need to pay too much attention.

How many times will you be compensated for critical illness?How much do you lose?

It is generally recommended to choose a critical illness product that does not group or restrict the associated diseases, because it is better to not group and not to restrict the associated diseases than to limit the related diseases, which greatly reduces the claim threshold under the same circumstances.

Both products areCritical illness products that do not group or limit related diseases, and can be paid multiple timesThe interval between the two critical illness diagnoses before and after needs to be greater than 365 days.

There is no grouping in the market, and most of the critical illness claims are 2-3 times, and the compensation ratio is generally 100% of the sum insured, that is, the critical illness products with an insured amount of 1 million yuan are insured, and after the occurrence of critical illness, 1 million insurance benefits will be claimed.

Jingkang Baby (Heart Selection) You can choose to pay 1 time or 4 times according to your needs, the compensation ratio is % of the sum insured, the number of claims can be flexibly selected, and the amount of compensation is also higher.

Little Green Dragon No. 2 Natural Compensation 3 times, the payout ratio is % of the sum insured. Little Green Dragon No. 2 is a highlight,After the first critical illness claim, mild to moderate illness can still be claimed, with multi-level protection

The condition for reimbursement is that 90 days after the first critical illness claim, the cumulative number of moderate and mild illnesses is less than 6 times, and the diagnosis is made before the second critical illness or malignant tumor is paidNot in the same groupOnly mild and moderate illness can be compensated.

Moderate and mild illness coverage

How many losses?How much do you lose?

In the market, there are generally 2-3 claims for moderate illness, and the compensation ratio is between 50% and 60% of the sum insuredIf there are 2-6 claims for minor illnesses, the compensation ratio is between 20% and 30% of the sum insured.

Jingkang Baby (Heart Selected Version) and Xiaoqinglong No. 2 have the same number and proportion of claims for moderate and minor diseases, and the protection is superior in the market

Moderate and mild illness will be compensated for 6 times in total, and 60% of the sum insured will be paid for each moderate illness

Mild and moderate illness will be paid for a total of 6 times, and 30% of the sum insured will be paid for each minor illness

Jingkang Baby (Heart Selection Edition) and Xiaoqinglong No. 2 are not grouped for moderate and mild diseases, and there is no interval, but the compensation for moderate and mild diseases of the two products is limited, and related diseases are the same.

There are three similarities: the same cause of the disease, the same medical behavior, the same accident caused by two or more moderate or mild diseases only once, although the probability is not high, but there will be, so it is a small flaw.

Jingkang baby (heart selection version), mild disease three with the same rules.

Suppose that if an accidental fire causes both minor facial burns and small burns on the whole body, although both are minor illnesses under the insurance, they can only be paid according to one of them because of the restrictions on related diseases.

Moderate disease types, both products contain 30 kinds. For mild diseases, Jingkang Baby (Heart Selection) contains 43 species, and Xiaoqinglong No. 2 contains 51 speciesIt is a product with a relatively large number of mild diseases in the market.

Compared with the number of diseases, it is more important to look at the coverage rate of high incidence of moderate and mild casesThe two products cover almost all high-incidence moderate and mild diseasesJingkang Baby (Heart Selection) does not cover moderate paralysis and facial reconstruction surgery, while Xiaoqinglong No. 2 covers moderate and mild symptoms in turn.

Two productsFor example, kidney resection, bilateral ovarian or ** resection and other high-incidence mild symptoms areRise to moderate illness benefit, the amount of compensation is increased, and general products are paid according to mild diseases.

Two productsFor example, moderate Alzheimer's disease and other high-incidence moderate diseases areReduced to Minor Illness Benefit, the amount of compensation is reduced, and general products are paid according to moderate diseases.

3. Special illness protection

Both products come with a specific illness benefit for childrenJingkang Baby (Heart Selection) contains 40 kinds, and Xiaoqinglong No. 2 contains 20 kinds, Jingkang Baby (Heart Selected Edition) has expanded 20 more special diseases than Xiaoqinglong No. 2.

The two products include leukemia, brain malignant tumors, severe Kawasaki disease, and severe hand, foot and mouth disease.

Two products are aimed at children's special diseasesThe payout method is different

Little Green Dragon No. 2 pays 1 time,An additional 120% of the sum insured will be paid for confirmed illness, which is equivalent to 22 times the compensation, such as buying 500,000 insurance amount, is to pay 1.1 millionThe highlight is that there is no age limit for payouts, that is, the insurance period is as long as it is guaranteed.

Jingkang Baby (Heart Selected Edition).If a child is diagnosed with a special illness as stipulated in the policy before the age of 18, the maximum benefit limit is 2 million medical benefits, including hospitalization fees, special outpatient services**, outpatient surgery fees, and outpatient and emergency medical expenses before and after hospitalization, which is equivalent to actual reimbursement, 100% reimbursement after social security reimbursement, and 60% compensation without social security.

Jingkang Baby (Heart Selection) Special Disease Medical Insurance is the first of its kind and can obtain higher protection.

Suppose that you also bought a critical illness with an insured amount of 500,000 and unfortunately diagnosed with leukemia:

Xiaoqinglong No. 2 will pay 500,000 yuan according to critical illness, and then pay an additional 600,000 yuan according to special illness, for a total of 1.1 million yuan;

Jingkang Baby (Heart Selection) will pay 500,000 yuan according to critical illness, and if leukemia** costs 2 million, a total of 2.5 million will be paid.

Although the incidence of rare diseases is low, it is more common in children, and there are relevant statistics473% of rare disease patients are less than 10 years old, and the cost of diagnosis** is large, and medical insurance reimbursement is difficult.

Little Green Dragon No. 2 comes with coverage for rare diseases, Jingkang Baby (Heart Selection) Although there is no additional coverage for rare diseases, rare diseases are already covered in the 40 specific disease medical funds.

Xiaoqinglong No. 2 insures 16 rare diseases and pays 1 timeAn additional 200% of the sum insured will be paid, which is equivalent to 3 times the compensation, such as buying 500,000 insurance amount, is to pay 1.5 millionThere is also no age limit for benefits

5. Death and total disability protection.

The products on the market are generally only one claim for critical illness and death, and if no claim is made for critical illness, death is generally a premium or sum insured.

Jingkang Baby (Heart Selection) comes with death and total disability protectionLittle Green Dragon No. 2 Death and High Disability Benefits can be selected according to your needs

The payment rules for the two products are the same, which is the greater of the current value and the premium paid before the age of 18, and the basic sum insured will be paid after the age of 18.

6. Premium waiver protection.

Jingkang Baby (Heart Selection) and Xiaoqinglong No. 2 both come with their own premium waiver, that is, after being diagnosed with mild, moderate and critical illnesses, the remaining unpaid premiums can be waived while obtaining the corresponding claims, which is very humane protection, and the contract continues to be valid.

At present, most critical illness insurance products in the market come with their own premium waiver liability, and a few of them require additional money to add.

7. Waiting period for illness

The waiting period refers to the diagnosis of a disease, whether it is mild, moderate or critical, within 90 days or 180 days after the policy is in force, the insurance company will not be liable for the payment, and the premium paid will generally be refunded and the contract will be terminated.

In general, the shorter the waiting period for illness, the betterThe waiting period for Jingkang Baby (Heart Selection) and Xiaoqinglong No. 2 is 180 daysIt belongs to a class of products with a relatively long waiting period for diseases.

For the two products, if the two products are diagnosed with moderate or mild symptoms during the waiting period, the insurance company will not be held responsible, but the contract will continue to be valid.

8. Optional protection, additional money is required.

Malignant tumor severe care fundJingkang Baby (Heart Selection) and Little Green Dragon No. 2 can be attachedMalignant tumors are severe (i.e. cancer) care fundsThe superimposed compensation for cancer can alleviate the misfortune that the second or third injury of cancer will bring to the family to a certain extent.

Jingkang Baby (Heart Selected Edition).Cancer can be paid for 2 additional times, the first diagnosis of cancer will be paid according to the critical illness, after an interval of 3 yearsSecond diagnosisCancer, an additional 100% of the sum insured will be paid, and another 3 years will passThird diagnosisCancer, an additional 120% of the sum insured will be paid again.

Suppose that if you purchase 600,000 yuan of insurance amount and add malignant tumor care fund, 100% of the first cancer will be paid 600,000 yuan, if you unfortunately suffer from cancer for the second time, you can get 720,000 yuan for 120% of the second critical illness + 600,000 yuan for 100% of the second cancer, a total of 1.32 million yuan.

The two products provide compensation for cancer care in 4 cases: new cancer, cancer**, cancer metastasis, and persistent cancer.

Sickness Care Payment

Jingkang Baby (Heart Selection) and Little Green Dragon No. 2 can be attachedCritical illness, moderate illness and mild illness are each provided with 1 additional benefitIt is equivalent to the re-increase of protection, which can be attached as needed. Jingkang Baby (Heart Selection) If the illness care fund for the first 30 years of the policy is selected, it will pay an additional 60% of the sum insured for a diagnosed critical illness, an additional 20% of the sum insured for moderate illness, and an additional 10% of the sum insured for mild illness in the first 30 years of the policy.

Suppose that if you purchase 500,000 additional illness care funds with an insured amount, in the 25th year of the policy, you can get 30% of the mild illness compensation of 150,000 + 10% of the mild illness and an additional 50,000 for the mild illness, a total of 200,000.

The policyholder is exempted from premium critical illness insurance.

Both products can be accompanied by premium waiver critical illness insurance.

Because the exemption from underwriting for additional policyholders will be relatively strict, parents can only choose additional if they are in better physical condition.

If the insured is deceased, totally disabled or diagnosed with a critical illness for the first time during the payment period, the remaining unpaid premiums will be waived, so as to prevent emergencies and the child's protection will not be interrupted.

Two productsHow to buy?

1. Issue age

Both products can accept insurance for babies who are 28 days old or older at the earliest, and can be insured up to 17 years old.

Duration of Coverage

Jingkang Baby (Heart Selection) is a lifetime guarantee.

Xiaoqinglong No. 2 can be flexibly selected during the insurance period, you can choose to protect for life, up to 70 years old, 30 years, general customers to children are configured to choose lifelong protection, if the budget is limited, you can choose to protect until 70 years old or 30 years.

3. The payment period is flexible

Both products have 6 payment periods to choose from, you can choose a ** 5 years short-term payment, or you can choose 10 years, 15 years, 20 years and 30 years long-term payment.

Generally, most of the people who choose to pay for 20 years are selected, because this time period is generally a period when parents are in a stable income, and they are equipped with security for their children and do not worry about the problem of breaking off payment.

4. There is a health notice.

Critical illness insurance products all have health questionnaires, which are relatively comprehensive health questionnaires, and generally need to be manually underwritten.

Jingkang Baby (Heart Selection) If you have a physical condition, you can do pre-underwriting in advance, understand the underwriting conclusion in advance, and the underwriting results meet expectations, and you can directly apply for insurance.

Xiaoqinglong No. 2 Because it is an Internet children's critical illness, it is generally a smart core, and manual underwriting will be triggered if there is a physical condition, and the underwriting is relatively strict.

5. Sales area.

Xiaoqinglong No. 2 has a wide sales area, can be sold nationwide, belongs to the Internet products, the branch is not distributed nationwide, there is no professional service personnel, there may be a problem of service is not in place.

Jingkang Baby (Heart Selection) The sales area is narrow, limited to Beijing, Guangzhou, Tianjin and other 7 cities, which is an offline product, so there are professional teachers to connect with security, claims and other services.

Two productsAre the premiums expensive

For the sake of equal comparison, Jingkang Baby (Heart Selection) is attached with multiple claims for critical illness, and Xiaoqinglong No. 2 is attached with death and total disability benefits.

Under the same conditions, children's critical illness insurance is the same as the older the insurance age, the more expensive the premium, so it is recommended to configure it for children as early as possible.

Taking the purchase of 500,000 sum insured and 20 years of payment as an example, the premiums of the two products are comparable:

0-year-old girl: Jingkang Baby (Heart Selection) 4767$9.

Xiaoqinglong No. 2 4605 yuan.

5-year-old girl: Jingkang Baby (Heart Selection) 5458$5.

Xiaoqinglong No. 2 5280 yuan.

10-year-old boy:

Jingkang Baby (Heart Selected Edition) 6996$3.

Xiaoqinglong No. 2 6670 yuan.

Compared with the two products of Zhongying and ICBC, which are not grouped and pay multiple claims for critical illness, the four products have their own protection characteristics and different premiums, and the premiums of Jingkang Baby (Heart Selection) and Xiaoqinglong No. 2 are lower.

Taking a 0-year-old male treasure with a purchase of 500,000 insurance and 20 years of payment as an example, the premiums of Zhongying Kangxiang Life, ICBC Yuxiang Xinsheng, Jingkang Baby (Heart Selection Edition) and Xiaoqinglong No. 2 are: 6990 yuan, 6870 yuan, 5307 yuan, and 5045 yuan respectively.

The four products have different claims for critical illness, moderate disease, and mild illness, namely:

Royal Xinsheng Critical Illness, Moderate Disease, Mild Illness 3 times.

Enjoy life, critical illness, moderate disease, and mild illness are all 2 times.

Jingkang Baby (Heart Selection) 4 times of critical illness, 6 times of moderate and mild disease.

Xiaoqinglong No. 2 has 3 major illnesses, moderate and mild symptoms 6 times.

For the four products, ICBC and Sino-British have higher premiums, but ICBC and Sino-British have no restrictions on related diseases for critical illness, moderate and mild illness, and Jingkang Baby (Heart Selection) and Xiaoqinglong No. 2 have restrictions on related diseases.

At the same time, Sino-British comes with ** special illness protection, ICBC can add ** special disease, specific cardiovascular and cerebrovascular secondary compensation, Jingkang Baby (Heart Selection Version) and Xiaoqinglong No. 2 do not have the above additional benefits.

In general, the four critical illness products have their own advantages, Jingkang Baby (Heart Selection) and Xiaoqinglong No. 2 are cost-effective, universal children's critical illness insuranceIf you want to choose a large company, you can choose Zhongying and ICBC Critical Illness.

Two productsWhat are the value-added services?

Purchase Jingkang Baby (Heart Selection) and Xiaoqinglong No. 2 can enjoy the corresponding value-added servicesAll of them have leukemia full-course value-added clothingDocking with domestic high-quality medical resources to help rapid medical treatment and hospitalizationThe services are more intimate and practical.

Jingkang Baby (Heart Selection Version) provides 5 major services: consultation, doctor, critical illness green pass, leukemia whole course management service, and online drug purchase.

If the insured amount is greater than 100,000 yuan and the critical illness is diagnosed after the policy hesitation period, the Green Pass service can be activated, providing services such as critical illness outpatient appointment, expert follow-up, admission guidance, inpatient accompaniment, hospitalization expedited, and surgical arrangement.

If you are diagnosed with severe leukemia within 3 years after underwriting, you can start the whole course of leukemia services, and provide expert second opinions, designated hospital surgical assistance services, genetic testing and other full-course services.

Purchase Xiaoqinglong No. 2 can enjoy 9 routine health management services and 19 leukemia special management services.

There are many types of routine health services, including hospitalization or surgery for critical illnesses, CAR-T medical services, MDT multidisciplinary consultations, etc., among which CAR-T medical services help patients preserve healthy and viable T cells in advance for use at any time, increasing more opportunities.

Purchasing Xiaoqinglong No. 2 diagnosed with leukemia can start leukemia health management, connect with Lu Daopei's high-quality medical resources, and provide patients with 19 intimate and comprehensive health management services integrating screening, diagnosis and **.

Two productsWhat is the strength of the company?

Jingkang Baby (Heart Selection) Underwriting Company Beijing Life Insurance, Xiaoqinglong No. 2 Underwriting Company Junlong Life Insurance,Both companies have state-owned shareholders, Beijing Life Insurance is offline, Junlong is mainly engaged in the Internet, and the company's strength is okay.

Founded in 2018, Beijing Life Insurance is jointly established by 9 major companies including outstanding state-owned enterprises, collective enterprises and social enterprises in various fields, with a registered capital of 28600 million yuan.

Beijing Shunxin Holding Group is a state-owned holding company and was listed on the Shenzhen ** Stock Exchange in November 1998, and is the first listed agricultural company in Beijing.

The Investment Management Center of Beijing Supply and Marketing Cooperatives is a collective ownership enterprise established by 100% of the Beijing Federation of Supply and Marketing Cooperatives. Beijing Hanjian Group, founded in 1978, is a large-scale group with national special qualifications in finance and real estate, with strong economic strength.

Junlong LifeFounded in 2008, it is jointly established by Xiamen C&D Group and Taiwan Life Insurance, each accounting for 50% of the shares, with a registered capital of 2.1 billion yuan.

Xiamen C&D Group, founded in 1980, has been listed in the Fortune Global 500 for many years, and is a wholly state-owned enterprise in Xiamen, with assets of more than 720 billion yuan. Taiwan Life is the first life insurance company in Taiwan, China, with more than 70 years of life insurance management experience, and became a 100% owned subsidiary of CITIC Financial Holdings in 2015.

In the second quarter of 2023, the comprehensive solvency adequacy ratio and the latest risk rating of Beijing Life Insurance and Junlong Life Insurance Co., Ltd. are in line with regulatory requirements, and their operations are relatively stable.

Summary:

Jingkang Baby (Heart Selection) and Xiaoqinglong No. 2 The two products have comprehensive overall protection, each with its own characteristics, and the premium cost performance is good, which is the "two sister flowers" of the inclusive type of children's critical illness insurance products.

If you want to purchase a critical illness for your child, please communicate in detail.

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