1. Product introduction
China life personal tax preferential health insurance consists of China life personal tax preferential health insurance (universal type) A (version 2016) and China life personal tax preferential health insurance (universal type) B (version 2016).
2. Insurance coverage:
Any taxpayer who has reached the age of 16, has not reached the statutory retirement age, is participating in free medical care or basic medical insurance at the time of insurance, and has no previous diseases according to his health status, can be the insured, and I can apply to China Life Insurance Co., Ltd. (hereinafter referred to as the Company) as the insured.
If the insured is diagnosed as having a past illness according to the health condition of the insured at the time of insurance, in addition to the above provisions, the insured must have paid personal income tax continuously for one year before applying for this insurance to the company.
If the insured has participated in supplementary medical insurance at the time of insurance, the applicant shall provide the company with the certificate that he has participated in supplementary medical insurance and the insurance liability details of supplementary medical insurance.
The applicant may entrust his institution to handle insurance matters on his behalf.
3. Product concessions:
The expenses of the insured for purchasing this insurance shall be deducted before individual income tax according to the prescribed limit standard. At the same time, the responsibility guarantee is rich: providing compensation for hospitalization medical expenses, outpatient treatment expenses before and after hospitalization, specific outpatient treatment expenses, outpatient treatment expenses for chronic diseases (product B does not include this item) and personal account accumulation. In addition, the product also has the characteristics of returning the compensation price difference. If the proportion of simple payment is less than 80%, the difference return amount shall be determined according to the total amount of difference return in the fiscal year, and shall be returned to the personal account according to relevant regulations.
4. Personal account accumulation
Personal account accumulation can be used for the insured to purchase commercial health insurance and personal medical expenses after retirement, limited to the value of personal account.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.