In the insurance market, there is a type of insurance that is specifically designed to protect against critical illness, and that is critical illness insurance. Compared with other insurances, the premiums of critical illness insurance are relatively expensive, and you often have to pay thousands of yuan or even tens of thousands of yuan every year.
Many policyholders are hesitant to buy critical illness insurance before buying it, wondering if it is worth spending a large amount of premium every year to buy critical illness insurance. After all, for the average salaried person, the premium for critical illness insurance is not a small amount.
Here, Wutongjun will give you a detailed introduction to what protection critical illness insurance can provide for the insured, and help you solve the doubts in your heart.
If you want to figure out whether it is worth buying critical illness insurance, you must understand what kind of protection role critical illness insurance can play.
Critical illness insurance is specially designed to prevent the risk of critical illness, and will give a lump sum of large compensation to the insured after suffering from the agreed critical illness.
Due to factors such as the improvement of living standards, changes in dietary structure, accelerated pace of life, and increased work pressure, the incidence of many diseases is increasing year by year, and patients are gradually getting younger.
In the unfortunate event that the insured suffers from a critical illness, the insurance company will provide a large amount of compensation to help the insured solve the urgent need. The insured can use the indemnity to pay for medical expenses and ** expenses, and can also use the indemnity to maintain daily living expenses and pay off debts.
Therefore, both adults and children in the family should allocate critical illness insurance as soon as possible so that they can effectively prevent the risk of critical illness.
Of course, there are three groups of people who can not buy critical illness insurance, namely those who have achieved financial freedom, those with low income, and those who are elderly.
Critical illness insurance is a type of insurance that is relatively difficult to insulate, and it has high professional requirements for the policyholder. When choosing critical illness insurance, there are two main aspects to compare:
1. Basic guarantee
For policyholders, the basic protection of the comparison product is the most important. In the insurance market, some products can only cover critical illnesses, while others can cover mild and moderate illnesses in addition to critical illnesses.
Policyholders should try their best to choose products that can protect against critical illness, mild illness and moderate illness, and be able to support multiple claims for mild and moderate illness.
In addition, the more diseases that the product protects, the better, but the more high-incidence diseases that can be protected, the better.
2. Claim ratio
Critical illness insurance products have different claims for critical illness, mild illness and moderate illness, and the higher the severity, the higher the claim ratio. For example, for critical illness, mild illness and moderate illness, the claim ratio is % and 60% respectively.
When you do product screening, try to choose products with a high claim ratio.
Here, I will take some of the critical illness insurance products on sale as examples to give you a further introduction.
In the above figure, we have summarized the detailed information of 7 critical illness insurance products. As you can see, the protection that critical illness insurance can provide is relatively comprehensive.
Taking the first product in the figure as an example, it can provide protection for people between 28 days and 55 years old, up to the age of 70, and for life, covering 110 types of critical illnesses, 40 types of mild diseases, and 35 types of moderate diseases, and 6 claims for mild and moderate illnesses.
Taking the basic sum insured of 500,000 yuan as an example, when the insured suffers from a serious illness, a mild illness or a moderate illness, he can receive a compensation of 500,000 yuan, 150,000 yuan and 300,000 yuan respectively.
At this point, the role of critical illness insurance has been sorted out for everyone. In general, critical illness insurance can play a huge role in preventing the risk of critical illness, which is difficult to replace by other types of insurance.