How do people buy critical illness insurance?
1. Understand before taking out insurance: Before taking out insurance, make sure you know whether it is suitable to take out critical illness insurance. Generally, those over 45 years old are not suitable to take out critical illness insurance. The leverage is not high and the risk of hanging upside down is prone to happen. 60 Generally, no equipment can be insured after the age of 18. Physical problems are also strictly controlled. There will be a health notice when taking out the insurance. If the health notice is not satisfactory, unclear, or there is a past medical history, a routine physical examination will be carried out to determine the claim.
2. Insurance amount: Provide the maximum insurance amount as much as possible within the scope of affordability. It is generally recommended to be 3-5 times of the annual income.
3. Scope of protection: The incidence rate of 25 major diseases required by the China Insurance Regulatory Commission to be insured accounts for 95% of all major diseases, and the remaining 5 are of little practical significance. Therefore, critical illness insurance provides comprehensive coverage. If there is a price difference between 100 types of protection and 30 types of protection, it is best to choose 30 types. All products will include the 25 types stipulated by the China Insurance Regulatory Commission. If the price difference is not big, it is recommended that the more types of protection, the better.
4. Protection period: It is divided into time-based and lifetime. Time-based refers to the protection for xx years or up to the age of xx, and the protection is provided within the protection period. The coverage period is flexible and can be chosen at will. Lifetime means coverage until death, with all-round coverage.
5. Product categories: divided into consumer and savings types. Consumer product means guarantee within the promised period, and other fees cannot be refunded when it expires. The savings type refers to a type of life insurance and an additional critical illness insurance, which generates a promised critical illness benefit and critical illness insurance amount during the commitment period. On the contrary, the promised amount of life insurance is refunded. Which company is best for buying multi-million dollar medical insurance?
Million medical insurance is sold by all major insurance companies, including Ping An Insurance, PICC, China Life Insurance, Pacific Commercial Insurance, Taiping Insurance, Taikang Insurance, etc., as long as you are a reliable car insurance company The million-dollar medical insurance sold is very good. Customers can just find a car insurance company they trust and buy million-dollar medical insurance according to their own needs and actual needs. Generally speaking, million-dollar medical insurance can mainly protect the beneficiary's valid and necessary medical expenses due to illness and accidents.