Recently, Bumblebee No. 10 Children's Critical Illness Insurance (Ultimate Edition) was launched!
Friends who are concerned about children's critical illness insurance know that each product of "Bumblebee", a big IP for children's critical illness, is very cost-effective, and it has been upgraded to Bumblebee No. 10 this year.
How is this Hornet 10 (Ultimate) guaranteed? Has it continued the excellence of "Bumblebee" as always? Let's take a look at its specific guarantee and value for money today.
The main content of this article is as follows:
The basic coverage of Bumblebee No. 10 Children's Critical Illness Insurance (Ultimate Edition).
How cost-effective is Bumblebee No. 10 Children's Critical Illness Insurance (Ultimate Edition).
Write at the end
1. The basic coverage of Bumblebee No. 10 Children's Critical Illness Insurance (Ultimate Edition).
Bumblebee 10 (Ultimate) is underwritten by Fosun Prudential Insurance Company. The following is the basic coverage for this product.
This is a children's critical illness insurance suitable for minors aged 0-17, and the protection period can be selected until the age of 70 and guaranteed for life; There are many options for payment period, including 5 years, 10 years, 15 years, 20 years, 30 years, and 35 years. The maximum sum insured is $700,000; The waiting period is 180 days.
Looking at it, there are indeed a lot of security items, divided into mandatory responsibilities and optional responsibilities.
1.Mandatory Liability
It includes several benefits for critical illness, mild illness, moderate illness, specific diseases for children and rare diseases for children.
Critical Illness:125 kinds, 1 insurance, 100% of the basic sum assured. The choice of this product is very flexible, and those who like to have multiple critical illnesses can freely attach the optional liability of "critical illness multiple payment insurance benefits".
Mild and moderate symptoms:There are 43 types of mild diseases and 30 kinds of moderate diseases, and the two will be compensated 6 times, without grouping and without interval, and 30% and 60% of the basic sum insured will be paid respectively; 90 days after the latest critical illness claim, if the mild illness has not been paid for 6 times, the coverage will continue to be covered for the mild illness in the same group. If a mild to moderate illness is diagnosed within 90 days of the diagnosis of a critical illness, the liability for the mild to moderate illness will be terminated.
In addition, the policy will continue to be valid after the initial payment of critical illness or mild to moderate illness, and subsequent premiums will be waived.
Child-specific diseases:
There are 20 types of insurance, including leukemia, lymphoma, brain malignant tumors (brain cancer), Wilms tumor and other high-incidence serious diseases in children.
An additional 60% of the Basic Sum Assured will be paid in the first policy year, 120% of the Basic Sum Assured will be paid in the second policy year, and 150% of the Basic Sum Assured will be paid in the third policy year and thereafter. The benefit amount for special diseases will pay different proportions of the basic sum insured according to the time of diagnosis.
If there are no additional critical illness claims, children's special illness claims will be paid once.
If multiple claims are made for critical illnesses, a maximum of 4 additional claims will be made for special diseases and rare diseases, and 100% of the basic sum assured will be paid for the 2nd, 3rd and 4th diagnoses of special diseases.
Rare Diseases in Children:
100% of the Basic Sum Assured will be paid for the first policy year, 200% of the Basic Sum Assured will be paid for the second policy year, and 220% of the Basic Sum Assured will be paid for the third and subsequent policy years. The benefit amount for rare diseases pays different proportions of the basic sum insured according to the time of diagnosis.
Same as the Children's Special Illness Benefit: if there is no additional critical illness claim, the Children's Rare Disease Claim will be paid once;
If multiple claims are made for critical illnesses, a maximum of 4 additional claims will be made for special diseases and rare diseases, and 100% of the basic sum insured will be paid for the 2nd, 3rd and 4th diagnosed rare diseases.
Malignant Tumors - Severe Extension Gold:If you are diagnosed with carcinoma-in-situ or mild cancer, and then you are diagnosed with malignant tumor - severe for the first time, an additional 50% of the basic sum assured will be paid. From mild to severe, there is no interval, and the protection for high-incidence critical illnesses such as leukemia, lymphoma, and brain cancer has been further strengthened.
For example, if a critical illness is diagnosed as a special illness for children for the first time from the 3rd policy year of the policy, the basic sum insured is 500,000 yuan, and the compensation can be as high as 1.25 million!
2.Optional Liability
There are 4 optional liabilities, malignant tumor - severe care benefit, critical illness multiple insurance benefit, illness care benefit, and death total disability benefit, which is richer and more flexible.
Malignant Tumors - Severe Care Payment:It is a second payout for malignant tumors - severe.
For the first diagnosis of malignant tumor, every 365 days, if the malignant tumor is diagnosed again - severe, 40% 50% 30% of the basic sum assured will be paid; If the first diagnosis is a non-malignant tumor, after an interval of 180 days, 40% of the basic sum assured will be paid, and every 365 days thereafter, 50% of the basic sum assured will be paid if the malignant tumor is diagnosed again with a severe malignant tumor.
After every 3 years, if the malignant tumor is diagnosed again - severe, 50% of the basic sum insured will be paid, and the number of times is not limited.
That is, malignant tumors - severe can be paid an unlimited number of times to protect the child until he is old!
If you choose multiple claims for critical illness at the same time, you can also stack the claim with this liability, up to 340% of the basic sum assured.
Critical illness multiple insurance benefits:Critical illness will be paid 3 additional times, regardless of grouping, and will be paid 120%, 120%, and 150% of the basic sum insured in order. In the case of non-cancer, the interval between cancers is 180 days, and the interval between other cancers is 365 days (no interval due to accidents).
For example, if the 2nd to 4th critical illness is a rare pediatric disease, an additional 100% of the basic sum insured will be paid at the same time as multiple critical illnesses (for the same pediatric special illness and rare disease, only one payment will be paid).
Sickness Care Payment:First diagnosed with a critical illness before the age of 60, moderate and mild illness, an additional 100%, 30%, 10% of the basic sum assured.
This amount is very high, if the basic sum insured is 500,000, you can also pay an additional 500,000 for critical illness! Many products on the market do not reach this compensation ratio, which is better to increase the compensation for critical illness.
Death of total disability pension: Death before the age of 18 Total Disability Claim Accumulated premiums paid, 100% of the basic sum insured will be paid at the age of 18 and later.
This is not a necessary responsibility for children, everyone can understand it in general and attach it as needed.
The above is a detailed analysis of the insurance liability of this product, it can be seen that first, the terms are more advanced in the current market, and the protection for children is better; Second, the payouts are very high, not only the payouts for high-incidence diseases are high, but also the payouts can be stacked. In general, the responsibility is strong.
2. What is the cost-effectiveness of Bumblebee No. 10 Children's Critical Illness Insurance (Flagship Edition)?
Now that you've learned about insurance liability, let's take a look at how cost-effective it is.
Take the 0-year-old baby insurance as an example, the basic insurance amount is 500,000 yuan, and it will be paid for 30 years.
For example, the basic liability of insurance, 1955 yuan per year for male treasures, 1750 yuan per year for female treasures, enjoy the protection:
500,000 times of critical illness + 300,000 times of moderate disease + 150,000 times of mild disease + up to 750,000 times of special diseases for children + up to 1.1 million extra for rare diseases of children, with an average of only more than 160 per month, the cost of a meal!
You can see the chart below for the premium with other liabilities.
In short, it can be seen that this ** is very advantageous in the market and cost-effective.
3. Write at the end
This article mainly introduces the main coverage of Fosun Prudential Bumblebee No. 10 Children's Critical Illness Insurance (Ultimate Edition).
This product has comprehensive protection, and the compensation for children's critical illnesses is very high, with an additional maximum of 150% of the basic sum insured for high-incidence children's special diseases, and can continue to be insured for up to 6 times after the critical illness is paid. Malignant Tumor - Severe Medical Allowance can be paid indefinitely, and can also be combined with critical illness multiple times; Sickness Care Payment: Up to 100% of the Basic Sum Assured for Critical Illness!
In short, there are many claims, the insurance liability is also very advanced, and the cost performance is also very high. Children with serious illnesses can consider this.