Here's the difference between the two types of insurance:
1. From the content of the coverage
Medical insurance is responsible for reimbursement of medical expenses when you are sick, while critical illness insurance compensates for the financial losses caused by the disease as well as living expenses during the period of illness.
So, in terms of health insurance coverage, they are a pair of complementary combinations, only to the critical illness insurance as the main, million medical insurance as a supplementary, to combine them, in order to make the protection more comprehensive.
2, from the payment method
Critical illness insurance premiums are paid for a period of time, pay the end of the payment, but the protection can continue to enjoy, with our loan to buy a house, and finally pay the loan after the house is ours.
While the million-dollar medical insurance is like renting a house, paying a year to insure a year, but no one can rent a house to us for a lifetime, often encounter the landlord needs to give the house to the children as a wedding room and kick you out, so you have to find a new house. It's the same as the possibility of discontinuing million dollar medical insurance.
3, from the payout
Critical illness insurance: fixed payout type, buy how much payout, buy more than one can be stacked claims. For example, if you buy 500,000 dollars, you will get 500,000 dollars.
Medical insurance: reimbursement type, how much to spend how much, even if you buy more than one, the reimbursement will not exceed the total cost. For example, if the treatment costs 200,000 yuan, the maximum reimbursement will only be 200,000 yuan.
Following the dedicated insurance, 1 to 1 free consultation, we will be professional knowledge, objective, neutral, enthusiastic attitude, to answer any questions about insurance, so that buying insurance is no longer difficult!