What insurance should I buy for my parents?

If parents are in good health and young, they can buy: critical illness insurance, medical insurance and accident insurance; General health and older people can consider: cancer insurance, accident insurance.

1, critical illness insurance

Critical illness insurance can pay the corresponding insurance money to parents for treatment and transfer the economic risks brought by the disease on the premise that parents are unfortunately suffering from serious illness and meet the compensation standard.

The older you get, the higher the probability of suffering from serious illness, and the disease protection of critical illness insurance is highly targeted. It is a good choice to insure your parents against critical illness.

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2. Medical insurance

Medical insurance can reimburse parents' reasonable and necessary medical expenses in the hospital in proportion after deducting deductible, and it may be reimbursed 100% when used together with medical insurance.

At the same time, parents are provided with critical illness insurance and medical insurance. In the case of illness, they can try to use medical insurance for reimbursement, get sickness insurance money, and restore their parents' physical function.

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3. Cancer prevention insurance

Anti-cancer insurance is insurance specifically for cancer diseases, which is divided into anti-cancer critical illness insurance and anti-cancer medical insurance. If parents are not up to standard or older, they can take out cancer insurance instead of critical illness insurance and medical insurance to transfer the economic risks brought by cancer diseases.

4. Accident insurance

Because of age, the probability of parents' accidents may be higher than that of young people. Providing accident insurance for parents will give parents corresponding accident protection, such as accidental death, disability and medical security.

These high-quality accident insurances are more suitable for parents to buy: in 2023, the most worthwhile accident insurances are all here.

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