Health insurance agreement

Medical insurance: refers to the insurance that pays the insurance premium on the condition that the medical behavior agreed in the insurance contract occurs, and provides protection for the medical expenses of the insured during medical treatment.

Sickness insurance: refers to the insurance in which the payment of insurance benefits is conditional on the occurrence of diseases agreed in the insurance contract.

Four types of health insurance products

Income loss insurance: refers to the insurance that provides insurance for the insured's income reduction or interruption in a certain period of time on the condition that he loses his ability to work due to illness or accidental injury as stipulated in the insurance contract.

Nursing insurance: refers to the insurance that provides insurance for the nursing expenses of the insured on the condition that the daily living ability disorder stipulated in the insurance contract causes the nursing demand.

From the above, we know that the four categories of health insurance products are medical insurance, sickness insurance, income loss insurance and nursing insurance. Facing different types of health insurance products, we can make different choices according to our own needs.

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