However, you can't just look at the company when buying critical illness insurance. The most important thing is to look at the insurance clauses and precautions for purchasing critical illness insurance:
1, insurance liability
Insurance liability is also the guarantee provided by insurance products. Critical illness insurance generally covers serious illness, mild illness, moderate illness, death/total disability, exemption, secondary cancer, etc. As long as this product is protected, it will be reflected here. The first step must be to find out the coverage of insurance products. Then it is necessary to clarify the payment rules, such as how many times to pay, how much to pay, the requirements for the hospital, and the interval.
2. Exemption clause
The exemption clause means that insurance does not provide protection. If the insured falls within the scope of exemption clause, the insurance company has the right to refuse to pay compensation. Exemption clauses generally include intentional crime or self-mutilation, drug abuse, suicide within two years, war, nuclear explosion, genetic disease and so on. In addition, different products will make different regulations, which shall prevail. Be sure to understand this part of the content before insurance, and remember not to commit the situation in the exemption clause, otherwise you will suffer losses in the settlement dispute.
3. Other matters
In addition, we should pay attention to the guarantee period, waiting period, hesitation period, grace period and reinstatement period.