Are health, welfare and critical illness insurance consumers?

Health and welfare critical illness insurance is a kind of consumer critical illness insurance, with one-year payment and one-year guarantee, and different age groups have different premiums; It is also a short-term health insurance that does not guarantee renewal.

Consumer insurance means that the customer (the insured) signs a contract with the insurance company (the insurer), and the insurance company makes compensation or payment according to the original agreed amount when an insurance accident occurs within the agreed time; If the insurance accident does not occur within the agreed time, the insurance contract is terminated and the insurance company will not refund the premium paid.

Consumer insurance includes a unified rate (the premium is equal in each period during the payment period) and a natural rate (the premium is adjusted every year with age). Prices are generally not high, and the premiums of various products range from tens to hundreds of yuan a year to cope with various unexpected risks.

There are many consumer insurance products in the market, mainly including the following categories:

1, consumer accident/accident medical insurance;

2. Consumer critical illness insurance;

3. Consumer term life insurance;

4. Consumer hospitalization expense reimbursement/allowance insurance;

5. Overseas travel/study abroad comprehensive insurance.