1, accident insurance: especially with accident medical insurance, the elderly physical fitness, reaction speed is poor, prone to accidents, and accidents on the body of the elderly more damage, with accident medical accident insurance can effectively share the pressure of the family.
2. Cancer insurance: It is a kind of major disease insurance, which mainly targets cancer to provide protection. Elderly people can't buy critical illness insurance due to age and health limitations, and even if they can, they still need to pay high premiums, so they can buy a cancer insurance as a protection.
3. Medical insurance: Compared with critical illness insurance, the underwriting of medical insurance is looser, and it mainly protects the insured against hospitalization expenses due to illness or accidents. Elderly people are susceptible to diseases and accidents, so it is necessary to buy medical insurance for 65-year-olds.
4, million medical insurance: big and small illnesses can be reimbursed, the maximum reimbursement of 1 million. Whether it is outpatient, surgical or hospitalization costs, more than 10,000 over the part can be 100% reimbursement. Cancer and other major diseases, but also 0 deductible 100% reimbursement, and unlimited social security drugs, reimbursement up to 1 million! The premiums are low, within 2,000, and at this price, even if the parents have a copy of the policy, it won't be a financial burden on the family at all!
To buy insurance for the elderly to avoid these places:
1, do not buy life insurance for parents! Life insurance, as the name suggests, is an insurance policy that pays out only if the insured dies/is totally disabled. The main role of life insurance is to prevent the collapse of the family economy caused by the sudden death of the family's financial payments, and most of the elderly are already close to or have reached retirement age, and do not bear the financial responsibility of the family, so there is no need to buy!
2, not enough budget, do not buy critical illness insurance! Many people are worried that their parents will get seriously ill in the future, they will consider buying critical illness insurance for their parents, but Paul Fish does not recommend that families with a low insurance budget buy critical illness insurance for the elderly. The main thing is that the premium for critical illness insurance is too high, 60-year-olds buy 500,000 coverage for critical illness insurance, even if it is very cheap critical illness insurance will need to pay more than 10,000 per year, which is a big burden on many families!