Worry-free C 1 is a product of Xinhua Life Insurance, which has two versions: the youth version and the adult version. Let's briefly analyze the advantages and disadvantages of these two versions. For detailed and in-depth evaluation and analysis, please see: How about China Life? Do you have any insurance recommendations?
As usual, look at the guarantee content first: (see the picture below)
For reference, we will explain it in groups. First of all, talk about the adult version.
The adult version does a good job in these aspects:
1. In the first ten years of the guarantee period, anyone who is diagnosed with serious illness or death can pay 120% of the basic guarantee amount.
2. If you have six specific serious diseases such as brain cancer, leukemia and pancreatic cancer, you can also get the basic guarantee of 120%.
Its disadvantages are:
1, low cost performance: general guarantee and high price. A single payment of 1 for critical illness insurance costs 1 more than ten thousand, which is not acceptable to every family.
2. In the protection of mild illness, the compensation amount for mild illness is too small, far lower than most products on the market. 1 10,000 premium, only 20% of the amount of minor illness claims, which is really not cost-effective.
Let's analyze the youth edition.
Its highlights are:
1, the protection is quite comprehensive, and specific critical illness protection has been added. If you are unfortunate enough to suffer from a specific serious illness, the compensation rate you get is 120%.
2. The specific serious diseases of teenagers have been added: If you suffer from diseases that meet the specific diseases and serious diseases of teenagers at the same time before the age of 30, then you will get 200% compensation.
Disadvantages are:
1, another point is that its payment term is only 20 years at the longest, and its leverage is relatively low.
2. The proportion of minor illness compensation is low: the average proportion of minor illness compensation in many critical illness insurance in the market is 30%, and this compensation is 20%, which is slightly lower.
Generally speaking, the protection of this product is still quite sufficient.
However, expensive is really expensive. Adult version 10000 yuan or more. Children's version or even 0-year-old children buy 500 thousand insurance coverage and pay 6400 yuan every year.
The budget is sufficient, and those who prefer Xinhua can consider it. Friends who are more interested in cost performance have compiled some critical illness insurance with high cost performance for you: the top ten insurance companies' "worth buying" critical illness insurance inventory!