For example, the return-type critical illness insurance has the characteristics of "treating illness and returning money without illness", which has tempted many small partners.
In fact, there is no pie in the sky, and there are still many tricks to return the critical illness insurance.
Today, my senior sister will talk to you about the relevant knowledge points of return insurance.
1. What is the returned critical illness insurance? Is there a pit?
Returned critical illness insurance refers to critical illness insurance products that can be refunded.
When the insurance expires, if there is no danger, then the premium or insurance amount will be returned to the insured.
However, if an accident occurs during the insurance period, the returned critical illness insurance will not give any refund.
The returned critical illness insurance is like an account. If you deposit the premium, you can take it out after the insurance expires.
To put it bluntly, the best selling point of returning to a serious illness is to return to the original, which captures the psychology of consumers and just doesn't want to spend money in vain.
However, in fact, the returned critical illness insurance is particularly deep, and friends who don't know can take a look here:
If you have money to pay for the accident, you can pay it back if you have nothing to do-refund the insurance. 》
In general, the premium of returned critical illness insurance is much higher than other types of critical illness insurance, and the protection may not be as good as other critical illness insurance. The reason why it is so expensive is that it can be returned to the original.
Many small partners feel that returning critical illness insurance can not only enjoy protection, but also refund money if there is no insurance accident, which is actually equivalent to an investment.
After most of the returned critical illness insurance expires, the amount returned is the same as the premium, but this return is only the premium paid. Simply put, the return on this investment is zero.
If you have the ambition to maximize the return on investment, why not consider starting with wealth management products? It should be understood that the annualized rate of annuity insurance can reach about 4%. Isn't this more powerful than buying and returning critical illness insurance?
Since it involves annuity insurance, I will explain to you the purchasing skills of annuity insurance:
Learn this trick and stay away from the 99% pit of annuity insurance.
Seeing this, someone has another idea. Even if the money returned is not very profitable, at least, we can be guaranteed!
You can't have your cake and eat it. If we want to give consideration to both interests and security, we may end up losing our wives and soldiers.
Therefore, the protection of returning critical illness insurance cannot be compared with saving critical illness insurance. Why is this happening? Look below and you will understand.
2. Which is better, return critical illness insurance or savings critical illness insurance?
The purpose of buying critical illness insurance is to have corresponding protection to deal with risks when suffering from serious illness, but compared with savings critical illness insurance, the coverage of return critical illness insurance may not be so wide.
Returned critical illness insurance is a combined product with two full risks as the main risks and critical illness and medical treatment as the additional risks.
The key to the return of critical illness insurance lies in the return. Using this selling point to attract consumers, personal protection is not so good.
For example, some returned critical illness insurance only provides serious illness protection, and there is no way to provide more comprehensive protection for the insured. There are still many cases where the protection of these products is not in place.
The essence of refundable critical illness insurance is that consumers buy a savings-based critical illness insurance and pay several times more premiums, so insurance companies can spend decades managing their finances with the extra premiums, and these profits are the company's income, which has already been greatly depreciated to the principal, but they are still given to consumers.
Why don't we divide the money into two parts, one is to buy and save critical illness insurance, and the other is to buy wealth management products?
After all, the premium of saving critical illness insurance is much less than that of returning critical illness insurance, but the coverage is much wider than that of returning critical illness insurance.
The focus of critical illness insurance is personal protection. In addition to mild and moderate diseases, it also covers multiple compensation guarantees for high-risk diseases.
Whether it is the content of protection, the strength of compensation or the cost performance, the saving critical illness insurance is much better than the returning critical illness insurance. Senior sister suggested that friends who want to configure critical illness insurance should try to buy savings-based critical illness insurance.
So, what high-quality critical illness insurance is worth paying attention to in the market? You can refer to this list:
"Top Ten Hot Critical Illness Insurance Inventory Worth Buying! 》
Summary: The returned critical illness insurance is not comprehensive and the premium is very expensive. In addition, the refund can't escape inflation, which has obvious disadvantages compared with savings-based critical illness insurance. Senior sister suggested that everyone should be cautious before starting.
Write it at the end
I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;
If the above content has not solved your problem, you can also come to the official account of WeChat to learn to bully and say that insurance consulting me;
I give you the most professional advice based on many years of experience in configuring insurance for 10W+ families.
WeChat official account: Xueba said that insurance costs less, buy the right insurance!