Mr. Wu, 30, insured Health Fuxing to increase the critical illness insurance for life, with a basic insurance coverage of 65,438+10,000 yuan and an annual payment of 4,860 yuan for 20 years. After his insurance policy is completed for 20 years, his insurance benefits are as follows:
(1) His health account has reached 1.6 million yuan, that is to say, if he is unfortunately suffering from one of the 32 major diseases at this time, once he is confirmed as a responsibility within the scope of policy protection, he can get the critical illness insurance Fund of 1.6 million yuan;
(2) His net worth account has reached RMB 6,543,800+0.2 million, that is to say, if he unfortunately dies due to illness (out-of-contract disease) or accident at this time, he can get the death security fund of RMB 6,543,800+0.2 million;
(3) If you live a healthy life, you can also convert all or part of the corresponding cash value into a pension after reaching the age of 66.
Good health and good fortune will increase life-long critical illness insurance for people.
Critical illness insurance covers the age from 30 days after birth to 60 years old, but not everyone is suitable for buying this product. The older you are, the fewer payment methods you can choose and the more premiums you pay.
1. The earlier young people apply for insurance, the more their health accounts will increase. Take the insurance amount of 654.38+10,000 yuan as an example, the health account will increase by 3,000 yuan every year. Compared with 50-year-old people, the younger they get, the more extra value they get. So this product is more suitable for young people to buy.
2. People with moderate premium budget. Compared with similar critical illness insurance, the premium of this product is moderate, not too high. For example, Ms. Wu, 3 1 year-old, bought a healthy Fuxing with a basic insurance coverage of 65,438+10,000 yuan, with a payment time of 20 years and an annual premium of 4,590 yuan; Buy China Life Kangning for life, the annual premium is 4,620 yuan, and the corresponding basic insurance amount is 67,000 yuan.
3. Users who want to take care of both old-age care and serious illness can also buy this product. This product provides the insured with the choice of pension annuity. If the insured needs a pension in his later years, he can also convert all or part of the insurance policy into an old-age annuity after he is 66 years old, which embodies the service concept of "people-oriented, customer first", so that the insured can enjoy more independent choices and add icing on the cake to his later years.
Middle-aged and elderly people are not suitable to buy this product, because people over 50 can only choose 10 or one-time payment, and the growth of health accounts is limited. The growth mode of health accounts is:
10 years later: 65438+ ten thousand yuan * (1+3% * 10 years) =130 thousand yuan; After 20 years: 654.38+ 10,000 yuan * (654.38+0+3% * 20 years) = 654.38+0.6 million yuan; After 30 years: 654.38+ 10,000 yuan * (654.38+0+3% * 30 years) = 654.38+09 million yuan; After 40 years, 654.38+ ten thousand yuan * (654.38+0+3% * 40 years) = 220,000 yuan and so on.
Therefore, when choosing critical illness insurance, we should not only consider the protection provided by the product, but also consider whether it is suitable for our own situation.
Advantages and disadvantages of life-long critical illness insurance with good health and good luck.
Critical illness insurance is a critical illness insurance product launched by Xinhua Life Insurance. For critical illness insurance, the protection of major diseases is its core competitiveness. Compared with similar products of serious diseases, Health Fuxing has its obvious advantages.
First, 32 kinds of critical illness protection. Health Fuxing provides protection for 32 major diseases. In addition to the 25 major diseases specified by the CIRC, Xinhua Company fully considered customers and added 7 major diseases on this basis. Such a product containing 32 major diseases covers high-risk diseases that may be encountered in life, and the protection is comprehensive.
Second, the increasing number of health accounts. The health account will increase in value with the increase of insurance years, which is the biggest feature of this product. The amount of insurance is fixed to increase every year, and sufficient health accounts are guaranteed for life to protect happy families. When a serious illness requires medical expenses, you can get a serious illness security fund when you grow up in time. When the insured suffers from serious illness within one year after the contract comes into effect, the insurance company will pay 10% of the basic insurance amount plus the premium paid; When the insured suffers from serious illness one year after the contract comes into effect, the premium paid by the insurance company for serious illness insurance is: basic insurance amount ×( 1+3%× the whole year after the policy has been passed), and this "3%" is the percentage of the increased insurance amount every year.
Third, the value account is upgraded every year. The insured amount rises steadily every year, and the value account increases year by year. Enjoy lifelong health protection and lifelong value, which fully embodies the dignity of life. The insurance provides sickness death insurance and accidental death insurance. When the insured dies of illness within one year after the contract comes into effect, the insurance company will pay 10% of the basic insurance amount plus the premium paid; When the insured dies of illness or accident one year after the contract comes into effect, the death insurance premium paid by the insurance company is: the basic insurance amount ×( 1+ 1%× the whole year of the policy), and this "1%" is also the percentage of the insurance amount increased every year.
Fourth, the flexible choice of pension function. At the age of 66, you have the right to flexibly convert the pension annuity, that is, you can convert all or part of the corresponding cash value into the pension annuity for the insured's pension. One investment and two guarantees are icing on the cake for healthy old-age care. Life in later years is not only comfortable, but also reduces the burden of raising future generations.
For the critical illness insurance with lifelong health and prosperity, the increasing value of health accounts and value accounts is an important reason to attract many users to buy, while the flexible pension function gives more consideration to people's pension methods. But compared with similar products, there are still some shortcomings.
First, the lack of disability protection. If you get a serious illness, one of the possible results is disability. For users who have taken out critical illness insurance, they want to protect all hidden risks as much as possible. The disability caused by serious illness, especially the high disability, is unbearable for a family. One situation may be: critical illness insurance guarantees the treatment process of major diseases, but how to guarantee the disabled life after treatment. Therefore, critical illness insurance is particularly important for the protection of disability, especially high disability. However, Health Fuxing only provided serious illness insurance and death insurance. Some critical illness insurance products include disability protection. For example, China Life Kangning Critical Illness Insurance provides high disability protection, and the insurance company pays high disability insurance premium at 3 times of the basic insurance premium, but will deduct the paid critical illness insurance premium.
Second, the first year's security of the insured is low. According to the clause of "Good Health", if the insured dies of illness within one year from the effective date of the contract (the illness does not include the major illness mentioned in the preceding paragraph), the insurance company will pay compensation according to 10% of the sum of the basic insurance amount and the premium paid; Within one year from the effective date of the contract, if the insured suffers from a serious illness as agreed in the contract, the insurance company shall pay compensation according to 10% of the sum of the basic insurance amount and the premium paid. For example, Mr. Li, who is 30 years old, has a basic insurance coverage of 654.38+10,000 yuan, which will be paid in 20 years. If you are seriously ill in the first year, you can only get 5860 yuan. In similar products, such as life-long critical illness insurance of China Life Kangning, once you suffer from major illness for the first time after the waiting period 180 days, you can get twice the basic protection; At the same time, if the insured dies, he can get three times the basic insurance amount to pay the death insurance money.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.