What is health insurance for the elderly?

Health insurance refers to the insurance that the insured can get the insurance money paid by the insurance company when the insured falls ill. At present, there are many kinds of health insurance on the market, which are mainly divided into critical illness insurance and medical insurance. So what's the difference between the two? If you don't have much time, please click here first: What are the good medical insurance recommendations? 20 Best-selling Medical Insurance Inventory in 2020

I. critical illness insurance

The essence of critical illness insurance is "income loss insurance", not to mention the payment type. If you are seriously ill, the insurance company will compensate you directly. This money can not only make up for the loss of income, but also be used for various expenses at home, and the economic pressure of the family can be temporarily alleviated.

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Second, medical insurance.

Due to the limitations of medical insurance, we have to buy medical insurance as a supplement. It is recommended to buy a million-dollar medical insurance with low premium, high insurance coverage and full protection, which can be bought at only a few hundred dollars. If you don't know how to choose this kind of medical insurance. Here is a dry food for you: do you have any good medical insurance recommendations? 20 Best-selling Medical Insurance Inventory in 2020

However, it is necessary to pay more attention to health insurance that meets our own needs:

1. Pay attention to health notice

Only by meeting the requirements of health notification can you take out insurance, conceal your illness or fail to give health notification seriously, although the insurance company will not compensate you.

2. Pay attention to the length of waiting time

Health insurance products have a waiting period. Assuming that the insured suffers from the diseases stipulated in the contract during the waiting period, it is usually impossible to obtain compensation from the insurance company. At present, the waiting period of most products on the market is 90- 180 days, and the better critical illness insurance is generally 90 days, so pay more attention to the waiting period.

In short, buying health insurance can reduce the economic impact of diseases. If economic conditions permit, we should arrange a health insurance for ourselves as soon as possible.