It can provide serious illness insurance and death insurance, and can also be used to apply for policy loans.
When the insured occurs for the first time during the insurance period and is diagnosed by a doctor as suffering from a major disease as agreed in the contract, China Life will pay 300% of the basic insurance amount for the critical illness insurance; However, if the insured dies or is highly disabled, China Life will also pay 300% of the basic insurance amount for death insurance or highly disabled insurance.
And the serious illness insurance premium is 654.38+ten thousand yuan, and the death insurance premium is150 thousand yuan.
There is also a high disability insurance of 250 thousand.
2. Corning term: Corning term insurance covers 40 major diseases, and the insured age is 0 to 65 years old.
Can provide critical illness insurance, death insurance, expiration insurance.
When the insured suffers from a serious illness stipulated in the contract at the beginning of the insurance period, China Life will pay the critical illness insurance money according to the basic insurance amount.
When the insured dies or has a high degree of physical disability, China Life will also pay death insurance or high degree of disability insurance according to the basic insurance amount.
When the insured reaches the age of 70, China Life will pay the due insurance premium according to the premium paid by the insured.
Among them, serious illness insurance, death insurance, total disability insurance, and maturity insurance are 6,543,800 yuan and 50,000 yuan respectively.