Partners who are eager to know about this product can look at the comparison between this product and popular critical illness insurance products:
Comparison Table between Garpaypal and Domestic Popular 136 Critical Illness Insurance
Unveil the mystery of Paypal's critical illness insurance first!
As a newly defined critical illness insurance, what is the protection of Garpaypal? To make it easier to understand, let's take a look at the content map:
As can be seen from the figure, the insured age of Garber's critical illness insurance is 30 days to 60 years old, and it is guaranteed for life. 30 years is the longest payment period, and the waiting period is 90 days.
So let's take a look at the security content:
Critical illness insurance 1 10, pay twice. For the first payment, the maximum of paid premium, cash value and insured amount is taken, and for the second payment,100% of the basic insured amount can be obtained; There are 20 kinds of medical insurance in China, which can pay 50% of the insured amount; There are 20 kinds of mild illness insurance, which can pay 30% of the insured amount. After roughly understanding the conditions and contents of PayPal's critical illness insurance, Senior Sister discovered its advantages:
1, short waiting time.
During the waiting period, if the specified insurance accident occurs, the insurance company may not be responsible and the insured may not get compensation. Because of this, the shorter the waiting period, the better for us, and the earlier the guarantee will come.
The waiting period of Paypal's critical illness insurance is 90 days, which is particularly good in the market. In fact, this setting is very commendable!
2. The payment period is set flexibly.
There are many payment years to choose from for Garpaypal's critical illness insurance. The maximum payment period is 30 years, which is also very friendly to those who have not prepared enough money. After all, the longer the payment period, the smaller the annual payment pressure.
Therefore, when choosing the payment period, it is a technical job. In order to avoid the pressure of payment, it's because you didn't choose the right one. I suggest you read this article before taking out insurance:
"How to choose the payment period so as not to lose money? 》
Second, is there a hidden pit in PayPal's critical illness insurance?
However, don't be deceived by these advantages of Garbo critical illness insurance. After you look at the defects of this product, its advantages can be ignored!
1, serious illness protection is not sincere.
Paypal's critical illness insurance is paid twice. The first payment takes the largest of the paid premium, cash value and insured amount, and the second payment only pays 100% of the basic insured amount.
Compared with those seriously ill products that provide extra compensation, nothing stands out! Because my senior sister has seen some products, the extra compensation for serious illness is as high as 100%.
In the case of buying 500 thousand insurance coverage, the final compensation amount is 500 thousand worse than that, which is unacceptable to anyone!
2. The warranty period is optional on a regular basis.
At present, many critical illness insurances in the market have begun to pay attention to the coverage period, which not only provides these types of protection for 20 years and 30 years, but also can choose to cover them for 60 years and 70 years.
The choice of double critical illness insurance is whole life insurance, which is too rigid! It is completely impossible for consumers to make a choice according to their own situation.
Some friends are puzzled by the choice of guarantee period. After reading this article, the following ideas should be clear:
Should critical illness insurance be guaranteed for a fixed period or for life? 》
Of course, the above is not the most excessive. One more thing about Garbo's critical illness insurance. Friends who have seen it have almost no desire to buy!
3. The interval between malignant tumor and severe secondary compensation is very long:
Indeed, Jiabao's critical illness insurance can choose malignant tumor-severe extra payment. It's really hard to be apart for so long, five years.
For people with cancer, three years is a very important time, and almost everyone can live for five years. At this time, the significance of cancer compensation is not great.
Therefore, in this respect, compared with similar products with an interval of only 3 years, the guarantee is really not worth it!
From this point of view, this highlights the defects of Jiabao's critical illness insurance and is not recommended by senior students. If you want to buy critical illness insurance, please compare several products and choose your favorite product!