Critical illness insurance: We can compare critical illness insurance to a "local friend" who bought critical illness insurance. In case of serious illness, the insurer will directly pay a sum of money, and spend it as you like, to see a doctor, subsidy income, and support the daily expenses of the family. So how much does it cost to buy such protection? Different budgets have different ways to buy. This "Super Practical Lazy Raiders: Recommend Critical Illness Insurance with Different Budgets" is shared with you.
Medical insurance: Compared with critical illness insurance, medical insurance can be likened to an "accounting friend" and can be used to reimburse medical expenses. The process is to see a doctor first, get the invoice and then reimburse, and the amount of reimbursement is lower than the actual money. Then it is also reimbursement for medical treatment. There is no problem with social security. Will there be a lot of medical insurance? Come on, copy the answer. Do you still need to buy medical insurance if you have social security? Of course, there are some differences between them.
Life insurance: Life insurance is divided into term life insurance and whole life insurance. Relatively speaking, whole life insurance will be much more expensive. It is generally recommended to buy term life insurance, which is more cost-effective. Term life insurance can provide financial security for the elderly and children after their unfortunate deaths, and can also be used to pay off debts, which is suitable for buying family economic pillars.
Accident insurance: covers accidental medical treatment, accidental disability and accidental death. Medical expenses can be reimbursed after accidental injury, and an insurance premium can be paid for accidental disability or death. Generally speaking, the price of accident insurance is not too expensive. For example, the accident insurance summarized in this paper, "In 2020, the most worthwhile accident insurance is here", and a person will not have much economic pressure.
In addition, there are dividend insurance, annuity insurance, education fund, investment-linked insurance and so on, but these are not the insurance that ordinary people need most, so I won't explain them here.