Huaxia health life insurance is a product paid for serious illness, and the premium is non-refundable. If you get seriously ill or die, then pay the insured amount; If there is no serious illness or death, the contract will remain valid until life. This product was discontinued on March 27th, 20th17th. Similar products include Lean Kang of Taikang and carefree life of PICC.
Huaxia's Huaxia Fu is also a product with a single payment for serious illness, but the premium can be refunded at the age of 88. If the insured has not been seriously ill or died before the age of 88, then at the age of 88, the insurance company will return all the premiums paid, and the contract will continue to be valid and guaranteed for life. But if he dies before the age of 88, or suffers from a serious illness, then the contract will be terminated and the premium will not be refunded. Products of the same type as Huaxia Fu are Great Wall Jian Kang Life Insurance and Tianan Health Source No.2..
Tongfang Global Jian Kang Lifetime Multi-insurance is a product that has been paid for many times due to serious illness, and the premium is non-refundable. At present, there are a lot of products on the market that pay for serious illness many times, but before the introduction of life-long multiple insurance in Jian Kang, they all have a common feature: the premium is expensive, and all major diseases are paid by groups (the interval between two payments is more than one year). The introduction of life-long multiple insurance in Jian Kang has broken this balance, and the premium has been reduced by about 20%. Although major diseases are also grouped, the interval between two payments is shortened to 180 days.
None of the above three products is the best, and of course none is suitable for everyone. Any of the above products has its own characteristics, which can provide serious illness and death protection for the insured and the insured. Which product to choose depends on your personal preference. Some people pursue low premium and high security, and it is ok to choose the first category; Some people hope that the premium paid will eventually be refunded and the protection will not be affected, so the second category is more appropriate; Some people want more protection, and a little more premium is acceptable, so the third category is a good choice.