2. 1. guarantee amount: the guarantee amount is fixed according to the loss situation.
According to the loss compensation principle, one of the four principles of insurance, the main loss of children choosing critical illness insurance is different from that of adults. The main consideration is the medical expenses and nutrition expenses directly related to the disease; Secondly, considering that at least one family member is needed during the treatment, the income during family care may be interrupted.
Judging from the directly related medical expenses and nutrition expenses, the protection of critical illness insurance is at least 300,000, and 500,000 as much as possible if the economy permits. Of course, if the income loss caused by family accompanying is taken into account, the insured amount will be appropriately increased on this basis.
2.2. Guarantee period: 30 years is basically enough.
One-year and long-term, Dabai generally recommends choosing long-term products. Mainly considering the continuity of the product, if the one-year product is discontinued or cannot be renewed, it will not only face the waiting period again, but also affect the adoption of health notification because of minor conditions. Only when the budget is insufficient, one-year security can be allocated first, or short-term security can be selected as a supplement, and long-term security can be allocated as soon as the economy is affluent.
In the long run, there are lifelong and fixed terms. Based on the comprehensive analysis of the growth rate and rate of the guarantee period, Dabai suggested that the guarantee period should be 30 years. Next, Dabai talks about why children are advised to choose a fixed term of 30 years instead of life insurance from three different situations of their financial independence.
2.2. 1. Health when the economy is independent: Most people can freely choose critical illness insurance when they are independent. Even if you are insured for life now, after 30 years, these hundreds of thousands will experience inflation, which is definitely not enough to pay for treatment. Then, choosing a fixed term and a lifetime in the future is only a small difference in the amount of insurance in the future. Compared with the regular 30-year plan, the annual premium difference in the first 20 years of the life-long plan is nearly 65,438+00 times. When a child is insured at the age of 30, the difference between the insured amount of 2 million and the required premium 1.5 million may have little impact on life. So in this case, it is obvious that it is enough for children to choose a regular menstrual period.
2.2.2. Unfortunately, serious illness occurs within 30 years: very few people have serious illness claims within 30 years. Whether you buy life insurance or term insurance, the probability of buying critical illness insurance after claims settlement is very small. Before the claim is settled, the regular payment is less than life. Therefore, in this case, it is better for children to choose to pay regularly now than to choose life.
2.2.3.30's health status may affect insurance after the year: some people may not meet the standard of serious illness, but their health status may lead to future insurance premium increase or refusal. As in the case of 1, both life and term futures need to be insured. If there is an increase in expenses, the difference is the rate corresponding to the part with less insurance coverage. How much can this part of the insurance be worth? If you refuse insurance, you can't add insurance, which is equivalent to paying thousands of premiums every year in the first 20 years, accumulating tens of thousands or even 65,438+10,000 yuan. How valuable is it to change this part of insurance coverage after 50 years (regular vacancy period)? But now paying these thousands of dollars more every year may have a great impact on the family. Considering the time cost and inflation, Dabai feels that it is more appropriate to choose a regular period for children than a lifetime.
To sum up, Dabai suggested that from the perspective of protection, it is not necessary to choose critical illness insurance for children in one step to ensure sufficient insurance coverage, and it is enough to be around 30 years old on a regular basis. Of course, if the budget is very sufficient and parents are provided with adequate protection, it is not bad to give children lifelong critical illness insurance.