How long does it take to buy health insurance?

The effective time of different insurance products will be different. Take health insurance as an example. Health insurance generally has a waiting period and will take effect for a longer time. Among them, the waiting period of general hospitalization medical insurance is generally 30 -90 days, and the waiting period of some long-term critical illness insurance may reach 90 days, 180 days or even one year. Specifically, the product terms of health insurance shall prevail.

The waiting period, also known as the observation period or exemption period of the insurance company, means that after purchasing health insurance, even if an insurance accident occurs, the insurance company will not pay within the specified time.

There is generally no waiting period for accident insurance, and it will take effect after 12 o'clock the night after insurance. This is because the accident itself is uncertain and cannot be predicted in advance, so there is no need to set a waiting period.

In addition, for some products that can be renewed, there is generally no waiting period after successful renewal, such as our common million medical products.