Parents need to do two things before buying commercial insurance for their children. The first is to give priority to children's medical insurance. Children's medical insurance belongs to national welfare insurance, there is no insurance threshold, and the price is relatively cheap. These advantages are irreplaceable by commercial insurance. After configuring children's medical insurance, it can provide the most basic protection for children's health.
Secondly, the order of buying insurance is adults first, then children, that is to say, parents should consider buying insurance for their children only when their own protection is sufficient. If parents don't buy insurance and spend all their money on their children, once their parents have an accident or suffer from a serious illness, the financial situation of the whole family may be affected in the future, so they must first configure their own insurance before buying it for their children.
If parents have enough self-protection and have already bought children's medical insurance for their children, they can also consider buying commercial insurance for their children if they want to provide more comprehensive protection for their children. Faced with many types of commercial insurance, we need to configure insurance products from the risks faced by children's growth.
First of all, we must configure child accident insurance. Because children are still young, many things can't be judged correctly, so the risk of accidents is much greater than that of adults. Therefore, parents are advised to configure an accident insurance for their children first. The premium of accident insurance is often not high, but the insured amount can reach tens of thousands or hundreds of thousands.
Then buy a small but significant illness insurance for your child. For a seriously ill family, the medical expenses it bears are very huge. Once ill, the family may have to sell their house and car to barely pay for some medical expenses. In order to avoid the risk of serious illness, if the funds are sufficient, you can consider configuring a critical illness insurance for your child.
Generally speaking, when parents buy insurance for their children, they must give priority to their own configuration and then consider their children. It is suggested that children's medical insurance should be selected first, and then commercial insurance should be considered. It is recommended to configure accident insurance first, and then consider critical illness insurance if there are sufficient funds.
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