Tax-deducible critical illness insurance is finally here.
Recently, Sino-Dutch Life Insurance has launched a tax-advantaged critical illness insuranceIf you buy it for yourself, or buy it for the elderly and children, you can get a tax deduction, up to 1,080 yuan a year.
This product is also very different from conventional critical illness insurance, and in some cases** it is very cheap。So how is it guaranteed? Is it worth buying? Let's take a look.
The main contents are as follows:
What does tax-advantaged critical illness insurance look like?
Is it worth buying tax-advantaged critical illness insurance?
Insurance Tax Credits FAQs
This product is special, and it is different from the critical illness insurance that everyone usually sees, especially in these three aspects.
1. Tax deductible
Whether you buy it yourself or buy it for your family, inThe second yearWhen filing individual income tax, it can be deducted from taxes, and the taxable income can be deducted up to 2,400 yuan per yearThe higher the tax rate, the more you can get back
For example, Lao Wang spent a total of 3,000 yuan in premiums, and the tax rate is 10%, so the maximum tax deduction is 2,400 10% = 240 yuan; If the tax rate is 45%, it can be offset by 2400 45% = 1080 yuan.
If the tax rate is downgraded after the deduction, more tax can be deducted. For example, the tax payable exceeds 14The part of 40,000 yuan must pay 20% tax, and if the tax payable is reduced to 14 after deductionIf it is less than 40,000 yuan, you only need to pay 10% tax.
About tax deductions, let's "".Part III"I'll talk about it in detail, but now let's talk about what makes this product special.
2. The guarantee is very simple
The guarantee for this product is simple and is as follows:
This kind of protection is naturally not as good as excellent critical illness insurance, but fortunately, its 28 types of critical illnesses and 3 types of minor illnesses are jointly formulated by the Insurance Industry Association and the Medical Doctor Association, and the most common diseases are stipulated.
3. The insurance rules are very different
The insurance rules of this product are very different from those of conventional critical illness insurance, as shown in the following figure:
Although it is more liberal in terms of occupation and age rangeHowever, restrictions are imposed on the coverage period and payment period for different age groups, such as:
Buy it for children aged 0-12, you can only guarantee it up to 18 years old, and the fee can only be paid in 3 years; 18-55 years old** buy, can only be guaranteed until the age of 60, pay until the age of 60.
Overall, this oneCritical illness insurance coverage is simple, but the core coverage is still there, then if it is cheaper, it seems that it can also be considered? Read on.
This product is bought by adults, or bought by the elderly and children, and the protection is different.
Let's talk about the conclusion first: the product guarantee is average, but it is better to be cheaperSuitable for adults and children; Or buy it for the elderly who have no family responsibilities as basic protection
Here's a breakdown.
Ages and older buy
Let's talk about ** first, according to the insurance rules, we divide it into two versions: 18-55 years old and 56-60 years old, and the comparison with the mainstream ** critical illness insurance is as follows:
It can be seen that the annual enjoyment is not expensive and can be deducted from taxes, but if you want to choose,It is still advisable to give preference to general critical illness insurance
First, ordinary critical illness insurance** can also be very cheap, for example, a 30-year-old male is insured until the age of 60, choose Darwin No. 8,Better protection,** and cheaper
Of course, in most cases, ordinary critical illness insurance is more expensive, butThe protection is correspondingly much better, for example, the products in the above table:
More protection:With more moderate illness protection, you can pay 300,000 yuan each time, and you can also pay for mild and moderate illness after the critical illness is paid.
The disease is more comprehensive:It covers diseases that are not unified in the industry but are highly prevalent, such as carcinoma in situ, mild burns and other high-incidence mild to moderate diseases, and the probability of compensation is higher.
The coverage period can be longer:The older you are, the higher the probability of getting sick, and you can only protect until you are 60 years old, and ordinary people can choose to protect until you are 70 years old or for life.
Most of my friends still have heavier family responsibilities before the age of 50, and a more comprehensive critical illness protectionIt can give the whole family a higher fault tolerance rate
Of course, if you already have critical illness protectionI want to add insurance, can also be combined with the amount of insurance that can be bought, after tax deduction**, etc., comprehensively consider the enjoyment of the year; Or if you are over 50 years old and only have a small amount of family responsibilities, you can also consider buying some critical illness protection.
Taking a 56-year-old man as an example, he spent a total of 3,000 yuan in 5 years, with an insurance amount of 50,000 yuan, and the protection leverage is not bad.
Under the age of buying
After comparing the ** protection, let's take a look at whether it is suitable for children to buy? Similarly, there are 2 age groups for children, and the comparison is as follows:
Let's start with the conclusion:It is still not recommended to configure the Critical Illness Insurance as the main protection for children.
Because conventional children's critical illness insurance is not expensive, it can be done for a few hundred yuan a year if the payment period is extended. However, the protection period is longer, the coverage of high-incidence mild and moderate illnesses is more complete, and there are also protections such as "additional compensation for children's special diseases", while tax-advantaged critical illness insurance is cheaper, but the protection is too simpleIt is more suitable for children to add insurance, which is equivalent to spending a few hundred yuan more, adding 500,000 critical illness quota to the child, which is more cost-effective.
But mind you, this product tooThere is a health noticeIf you want to buy, you need to pay attention; In addition, it can be selected to cover the practicality of average, but some age additions are cheap, and you can decide for yourself according to your budget.
After introducing the basic form and protection of the product, let's talk about two issues related to tax deduction in detail.
Q1: Do I need to buy tax-advantaged critical illness insurance for tax deductions?
Not recommended, because:
Tax deductions are just the icing on the cake:Especially for friends whose tax rate is not high, the tax deduction is not worth much, and buying insurance is still mainly protected.
Tax deductions are more than tax advantaged health insurance:Rent, support for the elderly, personal pension and other items can achieve tax deduction effect, and there is no need to just focus on tax-advantaged health insurance.
In addition, it should be noted that if you buy a variety of tax-advantaged health insurance, although the tax exemption amount can be stackedBut the total number cannot exceed 2,400 yuanFor example, if you buy tax-advantaged cancer prevention medical insurance for your parents, the premium reaches or exceeds 2,400 yuan, and you can't deduct the tax if you buy it every year.
On the whole, although the tax deduction is good, it is not as important as imagined, and the key depends on whether the protection is strong and whether the product is suitable for us.
Q2: Is the tax credit deducted from the policyholder's tax or the insured's tax?
Policyholders.
The policyholder pays for it, and naturally enjoys tax incentives. For example, the wife buys it for her husband, and the wife is the policyholder, so she will be deducted from her taxes, and there are two details here:
First, both husband and wife can be policyholders, and each has a limit of 2,400 yuan, buy for yourself, spouse, children, parents (generally excluding in-laws and parents-in-law), you can get tax credits.
The second is to give priority to the members of the family with high tax rates as policyholdersFor example, parents and husbands and wives at home are both working, and whoever has a high tax rate can let them be the policyholders first, and the tax credit will be used up, and then the other members' can be used to deduct more taxes.
In general,It is suitable for adults and children to be insured, or to make basic protection for the elderly at home.
However, the product is relatively new, and it can be tax deductible, so there may be an opportunity to awaken the security awareness of some "streaking" friends, so that they can accept and try to configure protection.
Of course, we also look forward to more excellent tax-advantaged critical illness insurance in the future, giving us more and better choices.
If you have any questions, please feel free to leave a message :)