According to the number of payments
At first, Chinese mainland's critical illness insurance paid for the critical illness once, that is, once the critical illness was diagnosed, the contract was terminated. Later, the insurance in Hong Kong made many payments, which seemed reasonable, because the probability of getting a serious illness once and getting a second one would be very high, and as long as the insurance got a serious illness, there would be no chance to buy insurance again, which was undoubtedly a big risk loophole for the insured.
No matter what the customer thinks, I have a serious illness in my life and I am very sad. How can I get a second illness? But the fact is that there are more and more serious secondary diseases, and the rejuvenation of a serious disease is getting more and more serious. I've been seriously ill since I was in my twenties and thirties. I'm afraid I can't fight twice in my life ... I'm so scared. Fortunately, there are multiple compensations for serious illness.
Voice-over: At that time, the multiple compensation in Hong Kong was indeed better than the critical illness insurance in China at the same time. This is the original basis that Hong Kong insurance is superior to domestic insurance. However, since the second half of 20 16, critical illness insurance has blossomed everywhere in China, and there is no bottom line for innovation. Hong Kong has lost its advantage in the protection of serious illness, especially the foreign exchange outflow has been tightened at the end of 20 16, so it is particularly troublesome to buy insurance in Hong Kong. Moreover, the working efficiency of Hong Kong people is low, which leads to a far cry from the domestic service level. The unique legal environment in which there is no prescription requirement and good faith notification for claims settlement also makes it extremely difficult for mainlanders to claim compensation in Hong Kong. So, don't buy Hong Kong insurance with old news. If you live in the mainland, you should take out insurance in the mainland appropriately and decisively.
0 1 minor illness overpayment
Compensation for minor illness is the standard of standard critical illness insurance. Since the day when Huaxia Life Insurance founded the Evergreen Tree Series, it has come up as a standard, without grouping. Paying about 20% each time and paying in 3-5 times has gradually become the basic reference standard for insurance companies to design products. When there are more and more good insurance, big-name companies can't sit still, and they have to pay for their own insurance for mild illness, but they either have to pay for serious illness or collect money, and they have no sincerity at all. As for the specific big-name companies, everyone is in position.
At the beginning, only a lifelong serious illness had a minor illness and more compensation. Since the beginning of this year, it has been a great innovation to pay for serious illness and minor illness on a regular basis. The price of periodic serious illness with multiple payments for minor illness is only a little higher than that without minor illness or only once, which brings more peace of mind to everyone.
More powerful insurance companies directly created the word "chronic disease" in the lifelong serious illness, that is, those seemingly serious mild diseases were listed as chronic diseases alone, and the compensation amount directly rose from 20% and 25% to 50%. Chronic disease is actually an upgraded version of mild disease. Many minor illnesses are called mild, but they are actually quite serious. Therefore, it is really very humanized to list them separately.
Over the years, insurance products are definitely getting better and better. Those who can't buy or sell cost-effective products after the so-called tightening of insurance are all rumors. Everyone must keep their eyes open. No matter what relatives and friends say, they will buy insurance decisively.
So, how do we judge whether there is an advantage in paying more for minor illnesses in an insurance policy?
(1) lifelong serious illness
Free treatment for mild and moderate diseases is the most basic requirement. No group+insurance will increase. This is the best choice. The second category is the same as no group+insured amount. If there is no interval between mild and moderate diseases, it is a plus item. If there is an interval, even a long interval, it will be reduced.
If there is no intermediate disease, only a few mild symptoms, it is also a good product, but not so good.
If you have to pay extra for a minor illness, just pay it once, or insure the amount, then you don't have to think about it, and you can't get on the table at all.
(2) Serious illness on a regular basis
Regular serious illness is cheap, mild illness and exemption from inspection often cost extra, but it doesn't matter. Extra charges are usually cheap, and you can choose whether to add or not. If two products are more expensive, then you must add the same insurance liability to them. For example, if one has a mild illness and one has to pay extra, then the second one can only be compared by adding the price.
The best is to compensate for minor ailments many times, the second best is to compensate for minor ailments once, and the worst is that there is no way to add minor ailments. The responsibility of regular serious illness is usually much less than that of lifelong serious illness, so don't ask for regular serious illness by taking on the diversified responsibility of lifelong serious illness. If regular serious illness can be the same as lifelong serious illness, then I believe the price is not that different.
Tips: Mild illness exemption can be divided into policyholder exemption and insured exemption. Most standard critical illness insurance contains the exemption clause of the insured's minor illness, that is, the insured suffers from minor illness. If the premium has not been paid at this time, it will not be paid in the future. Life-long serious illness is generally standard, and most regular serious illness can be paid extra. However, the applicant's exemption is generally only for life-long serious illness, and it also requires extra payment. If the insured is exempted, the insured needs to make health notification like the insured, and the requirements are more stringent. Therefore, only the insured who are in good health are more likely to be exempted. Moreover, it is cheaper for adults to add a small pot friend, and it is not cheap between adults. Unless it is a combination of a family breadwinner and a full-time partner, as long as both adults have the ability to pay, it is more effective to buy other insurance benefits from the saved premiums.
02 severe multiple compensation
At the beginning of the article, it was mentioned that multiple compensation for serious illness was learned from Hong Kong. The first generation of products appeared at the end of 20 16, represented by Lujiazui Guotai Mattel Life Insurance, and the premium was 30% higher than the cheapest. After half a year, the products were quickly upgraded to enjoy the happiness of China and Italy, creating two times of not organizing groups, and of course the price was more expensive; Soon, the group's overpayment price will be the same as the cheapest single compensation in the past, and overpayment will become the standard of serious illness.
Since the beginning of this year, insurance companies have changed their previous new product strategy of reducing security and price to a way of making security more humane, but the price is slightly higher. In fact, for those who can afford a lifelong serious illness, the price difference is 5%, 10%, which is not the point at all. The key is whether the extra price can be set more humanized, such as increasing the insured amount and shortening the interval.
The serious illness of multiple compensation only exists in lifelong serious illness, which is a standard lifelong serious illness with death compensation. Only in insurance with a certain profit margin can insurance companies dare to add richer and more humanized content.
(1) grouping
Grouping is the most important point in overpaying insurance. If grouping is beneficial to consumers, the probability of insurance companies paying compensation will be much higher. If grouping is beneficial to insurance companies, the probability of compensation will actually drop a lot. Of course, it is better not to be grouped, but at present, only Hong Kong has three kinds of serious diseases that are not grouped. When the price reaches 30 years old, the total premium is equal to the total insured amount, and the protection lever is lost, which is really unattainable; The mainland does not organize groups twice at most, and the price is very close to the people.
If you can only buy a group purchase, then how to buy a group purchase is most beneficial to consumers? At this time, we must pay attention to the incidence of the disease. The biggest incidence must be cancer, so cancer needs to be grouped separately. The second place is cerebrovascular disease; The third place is heart disease; The fourth place is nephropathy, and the proportion of these four diseases has reached 97.2% (data source: Life Table of China Life Insurance Industry, 20 10-20 13).
Then the simplest and rudest way is to divide these four diseases into four groups, and the user payout ratio is the highest; If two or three are mixed together, that's a trick. At present, the most reasonable grouping is Tianan health source enjoyment, and others are more or less confused with two or more diseases.
Don't underestimate the mystery of grouping, in fact, it can save a lot of compensation costs for insurance companies, and ordinary users still can't see it.
(2) insurance coverage growth
The amount of multiple claims will increase every time, which is another bluff. Mainlanders go to Hong Kong to buy insurance. Apart from hearing that insurance in Hong Kong is good, they are interested in dividends. This bonus is really attractive, and it seems to go up quickly. Unfortunately, it's all fake. No insurance company can demonstrate dividends. Don't even think about it Die young. The actual rate of return of dividend insurance is very low. The dividend of life-long critical illness insurance is even less than that of pure dividend insurance. You want one. It is wishful thinking, and the insurance company is also happy to see you so easily hooked. Just making a few demonstration diagrams will deceive many people. Even if every plan says that this dividend is only for demonstration, 99.9% of people are rushing to be fooled.
In China, Jinyou Life also claims that the insurance amount will go up. Not only can the insurance amount not go up, but also a lot of premiums have to be paid for this increase. At the same price, the standard serious illness can reach the coverage that Jinyou may not reach in the next few decades. This is really obvious.
The purpose of buying dividends is to make the income make up for inflation, and the depreciation saved will not be enough. First, it ignores that it is impossible to rise to the number you want; Second, I paid so much for dividends; Third, even if it goes up, it will take decades to go up at all, and it will not work at all. Decades later, it may be the second and third serious illness.
Therefore, it is most reliable to write the increase of insurance amount in the contract, and the amount of each increase is also agreed in the contract; From a practical point of view, the down payment is close, and it is reasonable not to rise; The second and third payments are far away and should go up even more. This is the innovation of mainland insurance for the increase of insurance coverage, and the subsequent insurance coverage has increased many times.
At present, the biggest increase is 250% for the third time, the smallest increase is 150% for the third time, and the middle increase is 200%. As long as there is, it is good. After all, the increased premium is not much more expensive than the non-increased premium. The higher the price, the more expensive it is, and the 200% is more expensive than the cheapest multiple compensation 10.
(Insurance professionals rely on snails to prevent pits. Jun Zhihu: Snails say insurance)