The allocation of insurance for the elderly, mainly considering medical security, can be combined with their own actual situation to choose. Old people applying for critical illness insurance may be refused insurance because of their age. Critical illness insurance is generally difficult for people over 55 to buy, and the premium for buying critical illness insurance for the elderly is also very high, and it is often easy to get the premium upside down. Therefore, we can consider a comprehensive accident insurance to protect the accidents and medical care of the elderly.
There are many accident insurance products on the market now. Choosing comprehensive accident insurance products is not only because of its wide coverage, but also covers the protection of accidental injuries and accidental medical treatment. However, the death/disability protection of most products is much higher than the accidental medical protection. It is suggested that when choosing the coverage, the coverage of accidental medical treatment must be sufficient, and it is best to choose a comprehensive accident insurance product with hospitalization allowance. Precautions for buying insurance for the elderly It is difficult to buy insurance for the elderly, but it doesn't mean that you can't buy it. As long as you know some precautions and avoid these problems when buying insurance, you can still buy suitable products.
First of all, as mentioned above, it is very important to purchase insurance health information. In the inquiry process, seeking truth from facts and cooperating with insurance companies will save a lot of time. It is a big deal to buy insurance for the elderly, and the terms in the insurance contract are very important, especially the underwriting except liability. Be sure to read the insurance clauses carefully to avoid unnecessary claims disputes in the future. Finally, we should pay attention to the hesitation period and waiting period when buying insurance for the elderly. If you are in doubt about the products during the hesitation period, you can contact the insured insurance company in time, and you can fully surrender the insurance during the hesitation period. Then there is the waiting period. Health insurance such as medical insurance has a certain waiting period. The sooner you choose a product with a short waiting period, the more you can enjoy the protection.
The sooner you buy insurance for the elderly, the better. At the same time, the premium is low and the underwriting conditions are not so harsh.