Buying insurance for your child is not an easy thing to do, especially with the new products in the critical illness insurance market, each of which has its own special highlights. What are some good recommendations for critical illness insurance, I just happened to organize the relevant content, I hope it will help you: the latest list! Ranking of popular critical illness insurance policies from national insurance companies!
Every time you see the news of your child's illness on the Internet, you want to configure an insurance policy for your child, but it is not recommended to blindly follow the trend, buy insurance can not be in a hurry. Interested friends can take a look:
Why I do not recommend that you buy insurance?How to configure insurance for your child? Today, we will take you to understand the key points of the purchase of children's critical illness insurance:
How to correctly buy insurance for your childHot-selling children's critical illness insurance evaluationLearn to match children's critical illness insurance program01How to correctly buy insurance for your childMany of my friends to buy insurance for their children, can not wait to put the best resources to the child, but instead of their own "bare bones
So to buy insurance for children, we should mainly consider what?
1, combined with their own family situation to choose the product
Insurance is a tool, not that the more expensive, others say that the best insurance is the most suitable for their own. Family situation, physical condition and budget are all factors to be considered.
2. Protect the adults first, then the children
It has come to my attention that many of my friends have spent a lot of money on insurance for their children, while they have very little coverage for themselves.
In fact, parents are the biggest protection for their children, and we should prioritize protection for us as parents. If we are unlucky enough to be insured, at least our children will be able to make ends meet.
3, the coverage period does not have to be lifelong
Many friends hope that the child's insurance can provide lifelong protection, but also can understand such an idea.
Insurance is a gradual configuration process, the child's insurance does not necessarily have to choose a lifetime of protection, especially when the budget is not much, more unnecessary.
You think about buying a $300,000 policy for your child now, how much is $300,000 worth in 30 years?
Let's take the example of choosing a term critical illness insurance policy that covers 30 years for a premium of just a few hundred dollars a year, compared to a few thousand dollars for lifetime.
4. How about the coverage of high incidence critical illnesses in children's critical illness insurance
We know that the Insurance Industry Association has developed standard definitions of 25 critical illnesses. Critical illness insurance specifically designed for children will generally add some child-specific high-incidence diseases to these 25.
When choosing a product, it is also important to know whether it contains children's high-incidence diseases.
Compiled a common 16 kinds of children's high-prevalence diseases: when buying critical illness insurance for children, do not be fooled by gimmicks, the high-prevalence disease coverage in place, and then consider other fancy highlights.
02 Ten hot-selling children's critical illness insurance evaluationChildren can buy a very large number of insurance, some families tend to choose the products of large companies, some families tend to choose the more cost-effective products, there are also some short-term children's critical illness insurance and so on.
In response to these tendencies, a selection of 10 products:
Fosun United Mommy Bao Bei Harmony Health Bumblebee 2 (long-term medical version) Ruitai Life Sunny Day Insurance Kunlun Health Insurance 2.0 Everbright Everbright Jado Insurance Bohai Life Jiale Insurance China Life Junior Guoshou Fortune (Zhenxiang Edition) Ping An Little Fortune Star Huaxia Life Evergreen Tree Junior Edition Pacific Insurance Junior Superpower Insurance Image Source: Public < p>The first 3 are more cost-effective short-term pediatric critical illness insurance, the middle 3 are more cost-effective long-term critical illness insurance, and the last 4 are products of large companies.First on the conclusion:
If the pursuit of cost-effective: Fosun United Mommy Bao Bei light middle-illness critical illnesses cover the full range of special illnesses cover the vast majority of children's high incidence of critical illnesses, cost-effective. For long-term protection, Kunlun Health Insurance 2.0 is also very comprehensive in its coverage of minor and moderate illnesses, and has the lowest rates.
If you are looking for a higher sum insured: Ruitech Sunny Day Insurance Plan increases the sum insured by 15% every two years, up to 175% of the sum insured.
If you tend to choose a big company's products: HUAXIA Life Evergreen Tree Children's Edition covers 25 special diseases with double payout for life, and the sum assured for minor illnesses reaches 30%.
03 Ten hot-selling children's critical illness insurance one by oneEach product features are different, it is really dazzling, the next for these products to do a brief review.
1, Fosun United Mommy Baobei
This product has been on the market for several months, and can be said to be very comprehensive in terms of protection, and the rate is also relatively low.
The main advantages of Fosun's Mommy's BaoBai are:
Flexible coverage period: you can choose from 20/25/30 years, up to 70/80 years old, or whole life, so whether you want short-term or long-term protection, you can meet it.
Comprehensive disease coverage: the inclusion of intermediate illness protection makes up for the gap between minor illnesses and serious illnesses, and 18 kinds of children's special illnesses will pay an additional 100% of the sum insured, and 5 kinds of rare diseases will pay an additional 200% of the sum insured.
High sum assured: children aged 11-17 years old can be covered up to 1 million, and children aged 0-10 years old can be covered up to 800,000 dollars.
Loyal customer rights and benefits: after the expiration of the insurance, you can ignore the changes in health and directly enroll in Fosun United's designated products without health warning, so you don't have to be afraid of not being able to buy the insurance because of your health condition when the product expires.
There are many highlights of Mommy Bao Bei, and the price is not too high, but also comes with minor illnesses, moderate illnesses and serious illnesses exemption, it is a cost-effective product. Detailed review:
Fosun Mommy's Baby Pediatric Critical Illness Insurance Review: A Product Worth ConsideringClick on the menu of the public number: Insurance Tips→Insurance Selection, you can learn more about the product details of Mommy's Bao Bei.
2, Harmony Health Hornet 2 (long-term medical version)
Children's Critical Illness Insurance Hornet was once a popular product, but now it has returned with an upgrade.
Harmony Health Hornet 2 (Long Term Medical) has been upgraded to 50 types of minor illnesses compared to its predecessor, and has increased the number of benefits to three.
The number of critical illnesses has increased from 60 to 100, and doubled the benefits for pediatric special illnesses.
The main advantages of Harmony Health Hornet 2 (Long Term Medical Edition) are:
Increased sum insured in the event of a minor illness: not only will the premium be waived after the diagnosis of a minor illness, but the sum insured for critical illnesses will also increase by 50%.
Lowest rates: For the same basic coverage responsibilities + pediatric special diseases, Bumblebee 2 (Long Term Medical Edition) is about 28% lower than Ruite Life Sunny Day Insurance Policy, while the cancer medical insurance only costs $202 for a 1 million coverage.
But it's important to note that the medical coverage attached to Hornet 2 Long Term Medical Edition is limited to malignant tumors only, and the rest of the critical illnesses are not covered, and there is no reimbursement for targeted drugs.
Also, Hornet 2 Long Term Medical does not include coverage for intermediate illnesses, so the coverage is not as comprehensive as Mommy's Bumper.
Click on the menu of the public number: Insurance Tips→Insurance Rigor, you can learn more about the product details of Hornet 2 (Long-term Medical Edition).
3. Ruitei Life Sunny Day Bao Bao
This product is the same as Mommy Bao Bei, with added coverage for moderate illness.
The highlight of Ruita Life Sunny Day Bao Bao is the incremental increase in sum assured, with a fixed increase of 15% every two years, up to a maximum increase of 75%, a ****175% of the sum assured.
Taking the sum assured of 500,000 as an example, the sum assured in the 11th year can be up to 875,000, which is able to withstand inflation to a certain extent.
The coverage includes minor and moderate critical illnesses, as well as 15 types of pediatric special illnesses with double payout.
The rates are not much different from those of Mommy Bao Bai, which is also a cost-effective product.
Click on the menu of the public number: Insurance Tips→Insurance Rigor, you can learn more about the product details of Sunny Day BaoBao.
4, Kunlun Health Insurance 2.0
This product is an upgrade, and is suitable for 0-60 year olds to insure, in the long-term protection, cost-effective.
The main advantages of Kunlun Health Insurance 2.0 are:
Second Cancer Benefit: No matter whether the first critical illness is cancer or not, there will be a second benefit, with an interval of 3 years (the first critical illness is cancer) and 180 days (the first critical illness is not cancer).
Optional 20 children's specific diseases: additional 100% of the sum insured will be paid out before the age of 18. Take a 0-year-old baby boy as an example, $500,000 will be insured for life, with 20 years of payment, and attaching the children's specific diseases will only increase the premium by about $110 extra.
It should be noted that Health Insurance 2.0 has asked whether the accumulated coverage for major illnesses is greater than 700,000 dollars.
Previously there is also a detailed introduction to long-term consumer critical illness insurance, here will not go into detail, interested parties can learn:
10 consumer critical illness insurance evaluation: there is always a poke you ~Click the public number menu: insurance strategy → insurance strictly selected, you can learn about the product details of the health insurance 2.0.
5, Everbright Yongming Jiadao insurance
Everbright Yongming this time can be described as a lot of action, not only on-line Super Mario flagship version and Jiadao insurance, but also due to the product is too hot and adjusted the health notice.
Everbright's Kado Insurance is a multi-payment critical illness insurance policy with up to six claims and separate cancer groupings.
There's also an additional 20 percent of the sum assured for critical illnesses in the first 10 years of insurance and before age 50.
But Gadget Insurance does not have a pediatric special disease coverage. The detailed evaluation can be found here:
Everbright Everbright Guardian Critical Illness Insurance Evaluation: Multiple Payout Critical Illnesses and a New ChoiceClick on the menu of the public number: Insurance Tips→Insurance Selection, you can learn more about the product details of the Guardian Critical Illness Insurance.
6, Bohai Life Jiale Insurance
This product is a new launch, and only one word difference with Jiaduo insurance, but the difference in protection is not half a point.
Bohai Life Jiale Insurance has a number of highlights, such as 150% of the sum insured for critical illnesses before the insured is 60 years old, and an additional 50%/55%/60% of the sum insured for moderate illnesses in that order.
But it should be noted that Carrot Insurance must be selected for death liability, resulting in a higher price than purely consumer-type critical illness insurance, which is less suitable for those with limited budgets.
If you are interested, you can click here to read the review:
Bohai Kuala Lumpur Critical Illness Insurance Review: A New Choice for High Coverage Critical Illness InsuranceClick on the menu of the public number: Insurance Tips→Insurance Rigorous Selection to learn more about Kuala Lumpur's product details.
7, China Life Children's Guoshoufu (enjoy version)
Guoshoufu this series of many products, China Life Children's Guoshoufu (enjoy version) is also a children's insurance products that many consumers ask.
The premium payment term of the Children's National Life Insurance (Perfect Edition) can only be selected for 19 years, and the coverage can only be selected for life.
When compared with the products analyzed earlier, it doesn't have much of an advantage either in terms of coverage or price.
Compared with Kado Insurance, which also offers a return of sum assured on death, the premium of Children's National Life Insurance (Perfect Edition) is about 50% higher than that of Kado Insurance.
As for coverage, Guardian's Critical Illnesses pay out six times, while Children's National Life Insurance (Perfect Edition) only pays out once.
GardoPlus pays 30%/35%/40% for minor illnesses, while Children's National Life Insurance (Perfect Life) pays 20%.
But the Junior National Life Insurance (Premier Edition) is moderate in that it pays an additional 100% of the sum assured for 15 types of pediatric special illnesses.
8, Ping An small lucky star
This is Ping An's new listing of the main products, with its listing is the big lucky star, and small lucky star is for children's critical illness insurance.
Ping An's Little Fortuna's rates are slightly lower than those of the Children's Guoshoufu (臻享版), and its coverage is not much different from that of the Children's Guoshoufu (臻享版).
It should be noted that only 10 types of minor illnesses are covered, which is slightly insufficient, but the minor illness coverage is optional, so consumers can take out a policy according to their own situation.
Interested friends can click to learn about the relevant evaluation: Ping An small and large Fukushin critical illness insurance evaluation: Ping An small Fukushin compared to other large companies how the product
9, Huaxia Life Evergreen Tree Children's Edition
With the children's Guoshoufu (Zhenxian version), Ping An small Fukushin compared to the Chinese life evergreen tree children's edition of the higher cost-effective.
The waiting period of Evergreen Tree Junior Edition is 90 days, and it pays 100% extra for 25 types of pediatric special illnesses, and 3 times of 30% for minor illnesses.
Rates for Evergreen Tree Junior Edition are about 25% lower than Ping An's Little Fortune Star, so if you tend to choose a product from a big company, you can choose Evergreen Tree Junior Edition.
10, Pacific Insurance Children's Super Insurance 3.0
This product is a little different, a two-percent critical illness insurance.
Pacific Insurance Children's Super Insurance 3.0 is characterized by 200% of the sum insured + premiums for 15 types of special illnesses for children, and 150% of the premiums paid are returned if there is no insurance.
Moderate in terms of coverage, but high in terms of rates.
If you have a particular preference for the Pacific brand and want the return of premium feature, you can consider this product. But if you have a limited budget, this product is not a good choice.
04Three kinds of children's critical illness insurance programChildren's insurance, in addition to individual purchase of the product, you can also independently match the suitable protection.
Provide three 0-year-old baby boy configuration ideas for reference only. Program 1 only chose the Mommy Bao Bei, coverage of 500,000, protection for 30 years, suitable for friends with limited budget.
Option 2 on the basis of option 1, added a protection to the age of 70 Kunlun Health Insurance 2.0, before the age of 30 years have 1 million critical illness coverage, 30 years old to 70 years old still have 500,000 critical illness coverage.
Option 3 adds a Kunlun Health Insurance 2.0, which covers you for life, on top of Option 1. There is a 1 million critical illness coverage before the age of 30, and there is still a 500,000 critical illness coverage after the age of 30, so the coverage is still relatively comprehensive.
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