Unlike life insurance, health insurance takes a person's life as the insured object. The insured object can be a person's body, health status, physical accident and the body that needs care after the accident, such as long-term illness insurance, short-term medical insurance and short-term accident insurance! Every insurance company's products are different, but they are roughly the same! !
Long-term health insurance refers to health insurance with an insurance period of more than one year or an insurance period of less than one year, but with a guarantee renewal clause.
Short-term health insurance refers to health insurance with an insurance period of one year or less and without a guarantee renewal clause. The guarantee renewal clause refers to the contract that after the expiration of the previous insurance period, if the applicant applies for renewal, the insurance company must continue to underwrite the insurance at the agreed rate and the original clause.
Medical insurance in health insurance claims can be divided into cost compensation medical insurance and fixed payment medical insurance according to the nature of insurance claims.
Cost-compensated medical insurance refers to medical insurance that determines the amount of insurance money according to the actual medical expenses incurred by the insured and the agreed standards.
Fixed payment medical insurance refers to medical insurance that pays insurance benefits according to the agreed amount.
The payment amount of cost compensation medical insurance shall not exceed the actual medical expenses incurred by the insured.
Critical illness insurance refers to the commercial insurance activities handled by insurance companies with specific major diseases as the insurance subject, such as malignant tumor, myocardial infarction, cerebral hemorrhage, etc. , as the insurance object. When the insured suffers from the above diseases, the insurance company will give appropriate compensation for the medical expenses. According to whether the premium is refunded or not, it can be divided into consumption-type critical illness insurance and return-type critical illness insurance.
Critical illness insurance is a kind of health insurance, including hospitalization expenses, hospitalization allowance and operation expenses.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.