For example, a fan asked me privately whether life insurance can provide reimbursement after illness, or whether it is unnecessary to buy life insurance and other products after configuring critical illness insurance.
It seems that there are still many questions about these two kinds of insurance. Let's talk about the difference between life insurance and critical illness insurance while Senior Sister has time today!
Don't worry if you don't have time to understand it. You may want to look at this link before exploring it:
What's the difference between critical illness insurance and life insurance? Will there be conflicts when making claims? 》
1. Is critical illness insurance a life insurance? What's the difference between them?
Critical illness insurance and life insurance belong to commercial insurance, but the types of insurance are completely different. Critical illness insurance belongs to health insurance and life insurance belongs to life insurance. What's the difference between them? After reading this article, you will know:
1. Guarantee content
Critical illness insurance covers major diseases. At present, the standard of critical illness insurance in the market is three guarantees, that is, mild, moderate and severe. For some excellent critical illness insurance, pre-illness insurance is also set up, which further strengthens the protection of critical illness insurance for the insured.
So what serious diseases are covered by critical illness insurance? After reading the following article, you will know:
What diseases does critical illness insurance cover? Don't buy these if you don't understand! 》
Life insurance is based on life and death. Life insurance on the market now generally only protects the death/total disability of the insured. Compared with critical illness insurance, its protection content is not so good. If the insured suffers from one of the diseases, he can pay compensation.
2. Terms of payment
Critical illness insurance, as long as the insured's illness meets the contract, then the insurance company will give you general insurance money. The insurance money can be used how it wants, and the insured can distribute it freely, such as taking it for treatment or later rehabilitation physical therapy, and it can also make up for economic losses, with high flexibility and controllability.
The claim condition stipulated in life insurance is that the insured dies or is totally disabled, and it will pay the insurance money in one lump sum. Basically, it is the family members of the insured who get the life insurance money left by the insured and can live a normal life.
3. Applicable people
Many people are suitable to buy critical illness insurance. Whether they are newborns or elderly people over 50 or 60 years old, they can participate in insurance as long as they meet the conditions of insurance age.
Life insurance is different. Its main function is to leave insurance money for family members, which fully embodies the mission of love and responsibility. Therefore, it is only suitable for people who support the family economy, and children and the elderly do not need to buy it, because these two groups of people have little impact on the family economy.
So in this respect, there are many differences between critical illness insurance and life insurance. As for whether to start together, it depends on the family and their own wishes.
Second, what points should be paid attention to when insuring critical illness insurance and life insurance?
It is not enough to know the difference between critical illness insurance and life insurance. We should also know what problems should be paid attention to when insuring these two types of insurance. First, let's take a look at critical illness insurance:
1. Health notice
Health notification of critical illness insurance is strict. If the insured has some minor health problems, such as diabetes and high blood pressure, he is likely to be refused insurance.
Therefore, if you have plans to buy critical illness insurance, you must understand the contents of health notification. If there is something in the health notice that suits your physical condition, you must tell the truth and never hide your illness. Otherwise, even if the insurance is successful and an accident occurs later, it is impossible to claim compensation.
2. Guarantee content
Buying critical illness insurance depends on whether the protection is comprehensive, and whether the protection is comprehensive is closely related to itself. In the process of understanding a critical illness insurance, we should pay attention to whether the protection for mild, moderate and severe diseases is in place. Some bad critical illness insurance will lack mild and moderate diseases, and it will be ignored when encountering such critical illness insurance.
Let's take a look at the matters needing attention when buying life insurance:
1. Adequate insurance coverage
The amount of insurance will have a direct impact on the protection. If the insurance coverage is not enough, then insurance will lose its meaning, and the allocation of insurance will not play a role? The more you buy, the higher the insurance coverage, the better? The higher the coverage, the better. The higher the insured amount, the higher the insured amount. In fact, this also means that the premium is more expensive. Once the financial burden is increased because the premium is not suitable, it will only play an encouraging role.
Therefore, the best explanation of adequacy needs to start from itself and cover up the current economic risks. The coverage of life insurance should include the family's living expenses and all current debts.
2. Exemption clause
There is an exemption clause in the life insurance contract.
The exemption clause simply means that the insurance company is not responsible for those situations.
If the insured does not pay attention to these contents when insuring life insurance, he will suffer a big loss.
Generally speaking, the fewer exemption conditions, the better. In this way, the insurance company will also reduce the situation of not paying compensation, so that the insured can get more benefits.
Regarding the more detailed content of the exemption clause, Senior Sister arranged it in the following article. If a friend is interested, you can click:
What is the exemption clause of insurance? If you don't understand, you will suffer a big loss! 》
It can be seen that critical illness insurance has its own standards in terms of protection content, compensation conditions and applicable people, while life insurance also has its own standards in terms of protection content, compensation conditions and applicable people, belonging to two different types of insurance. If it belongs to the family economic source, it is best to choose both, so that the protection can cover many aspects; If you are a child or an elderly person, you only need to choose critical illness insurance. In addition, when choosing critical illness insurance and life insurance, we should also pay attention to the problems mentioned above by seniors, choose carefully and don't rush to start.
Write it at the end
I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;
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