Buy insurance for your parents, don't ignore these two prerequisites:
Paying for health insurance
Schoolboy says insurance has always emphasized that the social security is our basic protection, is the country's welfare to us, and if your parents don't have a health insurance, it is recommended that you configure on it, whether it is a residential health insurance or a new rural cooperative first.
Focus on cost-effective, choose the necessary, cost-effective commercial insurance
The elderly is generally because of their age, some life insurance and critical illness insurance is not recommended to consider, because most of the insured life insurance and critical illness insurance upper age limit is below 60 years of age, the age and premiums are positively correlated, over 50 years of age and above, the premiums are very high, the amount of coverage is not high, and even the premiums will premiums inverted, insured still The premiums are not as high as the amount of money paid, which is very uneconomical.
To 55-year-olds to buy critical illness insurance, the maximum can only buy 100,000 coverage, insurance to 70 years old, the payment period of 15 years, the total premium of more than 200,000 yuan.
So what is the right coverage for the older generation of parents?Comprehensive Accident Insurance
Elderly people are physically weaker, the risk of sprains, falls, and fractures is also on the rise, and there is a great need for parents to configure an accident insurance policy that focuses on the accidental medical coverage portion of the insurance policy, which is generally in the 10,000-50,000 majority.
On the market, many adult accident insurance can be insured up to 65 years old, if the parents have exceeded this age, do not worry, there are also special accident insurance for the elderly, the highest can be insured up to 80 years old. The price is not expensive, usually two to three hundred dollars a year, in exchange for 100,000 yuan of coverage, more cost-effective.
Medical insurance insurance: buy as much as you can
If your parents are in good health and under 60 years old, there is still a chance that you can consider commercial medical insurance to reimburse for medical expenses outside of Medicare. As an example, a 55-year-old would pay around $1,000 for a million-dollar medical insurance policy with a $3 million reimbursement limit, not limited to reimbursement inside or outside of Social Security.
However, medical insurance has high health notification requirements, so it still depends on your parents' health.
Cancer insurance
Cancer insurance only insures cancer as a major disease, so the health notification is relatively loose, and the three-high population can buy. According to the data published on the official website, the high incidence of cancer is in the age of 50-70, so cancer insurance is still very practical for parents. In addition, compared with critical illness insurance, general cancer insurance only covers cancer, so the rate is cheaper. For example, if you buy cancer insurance for a 55-year-old man, with 100,000 yuan coverage and a premium of more than 500 yuan a year, it's still more cost-effective.
To give parents comprehensive protection, not only can rely on insurance, we can also do two aspects of efforts:
One is to prepare a special savings for parents, to give their parents old age; the second is to bring their parents to regular medical examination, many diseases early detection, the better treatment. Don't forget to care about your parents' health because you are usually too busy.
I hope that the answer of the school bully said insurance can give the subject help, insurance products so much, which is suitable for my parents, you can look for the school bully said insurance, according to the parents' health condition, screening the appropriate products, for you to save money, worry and effort.