They must not be greedy. Generally speaking, when parents buy insurance for their children, they must not have the idea of greedy, simply put, do not have the higher the amount of coverage, the better, every kind of insurance want to buy for the child's insurance mentality. Instead, you should buy insurance that is tailored to the outstanding problems that your child is facing at the current stage of his or her life. Usually, the main problems faced by children in the juvenile stage are safety and health problems. When buying health insurance for your child, it is important to take into account your family's financial situation. Although every parent would like to buy a higher amount of insurance for their child, the higher the amount, the higher the premiums, the higher the premiums, the higher the family's financial expenses. So the amount of coverage must be moderate, to be insured in the case of the economic situation allows, the general premium expenditure does not exceed the annual income of the family.
Look at the product coverage. Clarify the scope of coverage of the product, this point I believe we are more familiar with, because it is related to the circumstances under which the insurance company will make a claim. A lot of parents have the misconception that if they buy health insurance for their children and the children incur medical expenses, they will be able to find the insurance company to make a claim. However, this is not the case. The insurance company will only pay for what is inside the insurance contract and will not pay for what is outside the insurance contract.
Whether there is a guaranteed renewal function. It's important to know whether your child's health insurance policy includes a guaranteed renewal feature. We need to know that children's health insurance is for one year, and after the expiration of one year, you have to re-enroll in the second year, which is called renewal. If the child suffers a disease in this year, it is very likely that the insurance company will ask for an increase in premium, or exempt some responsibilities, or even refuse to insure the child until the next year when the insurance is renewed. If there is a guaranteed renewal function, then the second year, the insurance company can not refuse the insurance, we can directly renew the insurance.
Summary, parents of children's health insurance, we must abandon the greedy for the psychological, at the same time pay attention to the combination of the family's financial situation to buy, pay attention to the scope of coverage of the product and so on.