Worry-free C 1 is a product of Xinhua Life Insurance, which has two versions: the youth version and the adult version. Detailed and in-depth evaluation and analysis are here. Is China Life OK? Do you have any insurance recommendations?
Let's briefly analyze the advantages and disadvantages of these two versions.
As usual, look at the guarantee content first: (see the picture below)
Let's explain their advantages and disadvantages in groups, starting with the adult version.
The adult version does a good job in these aspects:
1, as long as you meet the conditions of being diagnosed with serious illness or death in the previous ten years, you can get the guarantee of 120%.
2. If you have six specific serious diseases such as brain cancer, leukemia and pancreatic cancer, you can also get the basic guarantee of 120%.
Its disadvantages are:
1, low cost performance: general guarantee and high price. The price of 1 000 yuan is not affordable for everyone.
2. The amount of compensation for minor illness is somewhat small. At present, the compensation for general mild illness is 30%. The compensation ratio for mild illness of this product is only 20%, which is less than the average market ratio. Not worth it.
Then watch the teen edition.
Its highlights are:
1, including the protection for specific serious diseases. If you suffer from specific serious diseases, you can get 120% protection.
2. Increase the specific serious illness of teenagers: If you are unfortunate enough to suffer from a specific illness of teenagers before the age of 30, and the disease still meets the serious illness, then you will get 200% compensation.
Disadvantages are:
1, you can only choose to pay 20 years, and the waiting period is a bit long.
2. The proportion of minor illness compensation is low: the average proportion of minor illness compensation in many critical illness insurance in the market is 30%, and this compensation is 20%, which is slightly lower.
Generally speaking, the protection of this product is still quite sufficient.
However, the premium is really expensive. The price of the adult version is similar to that of many serious illness insurances on the market. Children's version or even 0-year-old children buy 500 thousand insurance coverage and pay 6400 yuan every year.
If you like this brand very much, you can consider buying it. If you want cheap and practical critical illness insurance, you can read this article: Top Ten Insurance Companies' Hot Critical Illness Insurance Inventory!