Will the health insurance premium remain unchanged for 20 years?

Refund-type critical illness insurance refers to paying the same premium every year, and the guarantee time is agreed to a certain age or life, which can also be said to be long-term insurance. That is, the premium will always belong to the insured or his relatives. Even if the insured is absent for some reason, the relatives of the insured can still get back the guaranteed amount agreed in that year from the insurance company.

Consumer critical illness insurance, also known as short-term insurance, usually covers a period of 20 or 30 years. In case of danger, the insurance company will pay the initial agreed amount of protection to the customer. Simply put, if the customer is safe within the agreed time limit, the premium will not be refunded.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.