What does it mean that critical illness insurance benefits are not grouped?

Critical illness. Grouping: It is to divide all serious diseases into several groups, such as divided into five groups, such as A, B, CD, E, each time can only pay for different groups, this time the compensation for the diseases in group A, next time can only pay for the diseases in group B, C D, and E.

Critical illness is not grouped: all diseases have equal compensation opportunities, such as 100 critical illnesses, this time the compensation for type A disease, next time you can pay any of the 99 diseases.

For example, a critical illness insurance covers a total of 100 kinds of critical illnesses, and can be compensated up to 3 times, if it is not grouped, it means that after the first critical illness is claimed, there are 99 diseases left to be compensated, and after the second illness is compensated, there are 98 diseases that can be compensated, and there is no limit to the claim.

In the case of grouping products, these 100 kinds of critical illnesses will be divided into several groups, such as divided into 3 groups, 30 kinds of group A, 25 kinds of group B, and 45 kinds of C.

The answer is: it's better not to group than to group.

First of all, let's talk about what is critical illness grouping, grouping mainly refers to the division of critical illness insurance into 2 6 groups according to the type of disease, and each group of critical illness insurance can only be paid once, but the total number of claims of the product is generally between 2 and 6 times. However, there is a certain interval between each payout, usually 90 days. 180 days or a year.

The more common groupings on the market are generally 3 or 4 groups, among which, malignant tumors and diseases related to vital organs will be placed in one group, heart diseases in one group, neurological diseases in one group and other diseases.

To put it simply, critical illness grouping is equivalent to dividing dozens or even hundreds of critical illnesses covered by a critical illness insurance policy into different groups, and the same group of illnesses can only be paid once.

For example, product A covers 105 critical illnesses and has a total of 5 claims. These critical illnesses are divided into 5 groups (ABCDE), and if the insured suffers from a critical illness in Group A, there are only 4 chances left after the claim has been paid. However, the remaining critical illness in Group A can no longer be paid, and the other 4 compensation opportunities can only be valid in the four groups of BCDE.

So what's the difference if you don't group it? As the name suggests, non-grouping means that there is no grouping of critical illness diseases in the product, and multiple claims can be paid without grouping, so it seems that it is better not to group than to group.

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1. Which is better, critical illness grouping or no grouping?

1. Theoretically speaking: no grouping, more grouping, less grouping, single compensation for critical illness insurance.

Because the same group of critical illnesses can only be paid once, the grouping is to reduce the incidence of secondary claims for high-incidence critical illnesses, and if it is not grouped, the probability of getting two claims is higher than that of grouped products. Aren't all critical illnesses the same? - No, it is not.

Here is a concept to explain first: why it is better to not group the 6 high-incidence critical illnesses than to group them, the main reason is to see how the 6 high-incidence critical illnesses are divided.

Of course, when choosing insurance, in addition to looking at whether the grouping of major illness insurance is appropriate, you also need to consider factors such as the number of claims, product rates, types of diseases, and special services. Which insurance is better, how to buy a good deal, and teach you to avoid these pitfalls of insurance

The high incidence of critical illness includes:

Malignancy. Acute myocardial infarction.

Sequelae of stroke.

Coronary artery bypass grafting (thoracotomy).

End-stage renal disease (uremia phase).

Major organ transplantation.

In the daily critical illness insurance claims, the six high-incidence critical illness claims account for more than 85% of all critical illness claims.

2. Which group to choose or not to group?

Theoretically speaking, it is indeed better to choose not to be grouped, but from the actual situation, in addition to seeing whether the insurance is grouped, you also need to pay attention to the critical illness insurance: the reality is that in today's product market, the senior sister is more inclined to choose the critical illness insurance paid in groups.

First of all, there are fewer products that are not grouped, and the number of payouts is up to 2 times (although it is known that the probability of a third payout is extremely low);

secondly, the payout interval is generally longer and there are fewer types of diseases;

Third, the rates for ungrouped products are generally higher than those for grouped products.

1. Which is better, critical illness grouping or no grouping?

Theoretically: multiple claims without grouping, multiple claims in groups (cancer in a separate group), multiple claims in groups, and critical illness insurance in a single claim.

As far as the grouped critical illness is concerned, because the same group of critical illness can only be paid once, the insurance company,The reason for the grouping is to reduce the incidence of secondary claims for high-incidence critical illnesses

If you don't group it, the probability of getting two payouts is definitely higher than that of grouped products.

How did so many major illnesses come about? There are hundreds of critical illnesses at every turn, so is it true that the more critical illnesses, the better?

No, the definition of critical illness in insurance products is strictly regulated.

To put it simply, according to the product supervision requirements of the China Insurance Regulatory Commission, insurance products that can be named critical illness products must provide these six types of protection in accordance with the definition of critical illness by the Insurance Association of China and the Chinese Medical Doctor Association

Malignancy. Acute myocardial infarction.

Sequelae of stroke.

Major organ transplantation or hematopoietic stem cell transplantation.

Coronary artery bypass grafting and end-stage renal disease.

Only products that cover these 6 core claims critical illnesses can be named "XX Critical Illness Insurance".These six critical illnesses account for 80%-85% of the population that can suffer from critical illnesses in their lifetime.

Why it is better not to group than to group, to put it bluntly, it mainly depends on how to divide the 6 high-incidence critical diseases.

2. Which group to choose or not to group?

Theoretically, it's better not to group up.

However, starting from the actual situation, in addition to seeing whether the insurance is grouped, you also need to pay attention to the following contents:

the number of payouts; payout interval;

product rates; type of disease;

Featured services; Company Operations.

In the current market, there are few groups that are not grouped, many groups are grouped, and there are reasonable groups.

>> it is recommended to choose "non-grouped" products with a loose budget(Generally, the maximum compensation for critical illness without grouping is 2 times, which is enough, and the compensation for 5-6 times is almost unnecessary), after all, the non-grouped ones are more expensive than the grouped ones.

>> it is recommended that if you have a limited budget, you should choose "grouping", but the grouping should be reasonable(e.g., separate grouping of malignant tumors).

Hello subject, for this problem, I hope to make a brief introduction based on my own experience, I hope it will help:

Whether it is better to group or not group critical illness insurance, if you simply say which one is betterOf course, it is good to group itBecause with the development of the times, the continuous progress of science and technology and medical level, the future disease rate is developing in a better and better direction. Therefore, diseases that may be temporarily uncontrollable or uncontrollable at the moment may be ** or controlled in the future. Then there is a possibility that another situation may arise, that is, the metastasis of the disease or the cause of another disease as a result.

If you purchase critical illness insurance without grouping, you will basically not be able to purchase it again after the first claim, which will cause a certain burden on the economy.

So, for consumers, should they buy grouped critical illness insurance? The answer is: If you can afford it, it is recommended to purchase a grouped critical illness insurance.

Because of the critical illness insurance group, its rate is bound to be higher than that of critical illness insurance with a single claim. However, under normal economic conditions, there is a multiple-choice question here: whether to choose a higher sum insured (single claim) or a more complete coverage (multiple claims).

Personal advice,Choose the high sum insured first.

If the critical illness insurance with multiple claims is not properly grouped, it will lead to multiple claims being useless.

Critical illness grouping multiple claims:It is to divide all serious diseases into several groups, such as divided into five groups, such as A, B, C, D, E, each time can only pay for different groups, this time the compensation for the diseases in group A, next time can only be paid for the diseases in group B, C D, and E.

Critical illness is not grouped into multiple claims:All diseases have equal compensation opportunities, such as 100 critical illnesses, this time to pay for A disease, next time you can pay any of the 99 diseases.

Which is better? It must be ungrouped, which is more beneficial to our customers, and correspondingly, the premium that is not grouped is slightly more expensive.

Hello, critical illness is divided according to the number of claims, there are single claims, multiple group claims, and multiple non-group claims. Not all consumption-based critical illnesses are paid in a single payment.

Critical illness insurance can be divided into mild illness and critical illness insurance. To the standard claim that standard.

Critical Illness Grouping means:

Diseases are divided into 2 to 6 groups according to the type, and each group can only be compensated once. For example, the Severe Illness Insurance divides the critical illness into 6 groups and can be compensated up to 6 times, but the same group of illnesses cannot be reclaimed, i.e., after the first compensation for the illness in Group A, if the second time you still suffer from the illness in Group A, it will not be compensated, but if you suffer from the illness in Group B for the second time, it will be compensated.

Critical illness insurance is not grouped which means:

It corresponds to grouping, i.e., it does not pay for grouping, i.e., every illness can be paid, but compared to grouped critical illness insurance, most non-grouped critical illness insurance can only pay for critical illness once, and only a few non-grouped critical illness insurance can pay multiple times.

When purchasing critical illness insurance, one of the problems often encountered is that some say that critical illness is paid multiple times without grouping, and some are paid in groups multiple times. So what does this grouping and not grouping mean? Today, Bai Baojun will use sugar gourd to tell you the meaning of grouping and not grouping.

Grouping critical illnesses multiple times is to divide all critical illnesses into different groups, just like a string of sugar gourds. A string of sugar gourds means that the trapped eggplant residue is a group of critical illnesses, once the Wang quietly one disease on this string has been paid, then the other critical illnesses on this string can no longer be compensated. However, other diseases on the string can still be repaid.

There are multiple payouts without grouping, and each disease is like a hawthorn ball one by one. If one of the diseases has been paid, then it is just that this disease can no longer be paid. But other diseases are still effective.

Therefore, when purchasing critical illness insurance, should you choose to be grouped or not, is it clear at a glance? Of course, you should also pay attention to your wallet! Non-grouped critical illness insurance is generally more expensive than grouped critical illness insurance.

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The key to choosing which of these two different critical illness insurance is better depends on the insurance needs of the insured.

Moreover, both types of critical illness insurance have their own advantages, and for people with different insurance needs, the evaluation of the two types of critical illness insurance will be mixed; Therefore, you only need to choose the appropriate critical illness insurance according to your actual situation and insurance needs, which is a good critical illness insurance for the insured.

In this regard, the following senior sisters will focus on the grouped compensation and non-grouped compensation for critical diseases, and learn about the relevant content together. Before that, if you have any questions about insurance knowledge, you can poke this article to take a look:Ultra-complete!

Everything you need to know about insurance is here

To put it simply, critical illness group compensation refers to dividing all critical illnesses covered by critical illness insurance into several groups, each group can pay once, and the same group of diseases can only be claimed once.

Critical illness non-grouping benefits mean that even the same type of illness may be claimed multiple times if the claim is met, and there is no restriction on the type of illness suffered by the insured.

It can be seen that the advantage of grouped critical illness claims is that there are multiple opportunities for critical illness claims, while the advantage of non-grouped claims for critical illness is that each critical illness can not only be claimed, but also have the same claim probability.

In addition, under the general situation of group groups, the premiums corresponding to most critical illness insurance products in the market with multiple claims are more expensive than those of single-claim critical illness insurance. For the insured population with an average insurance budget, the premium pressure that needs to be borne is relatively greater.

Therefore, whether it is better to pay for critical illness in groups or not in groups, it depends on everyone's insurance needs, and it is good to choose the one that is more in line with your own insurance needs.

In addition to the above, there are still many things to pay attention to if you want to buy a suitable critical illness insurance product, such as whether the coverage for mild, medium and severe illness is complete, the claim conditions and claim ratio corresponding to different insurance contents, whether the health notice is strict, the level of premiums, etc.

Another thing to note is that the time to apply for critical illness insurance is as early as possible. Not only will it be easy to insure, but the premiums will also be relatively cheap.

Which is the best critical illness insurance, how to buy it cost-effectively, and teach you to avoid these pitfalls of insuranceHope.

Critical illness grouped products often involve multiple claims, which is more advantageous than products on the market that do not group single claims. Compared with the single claim grouped for critical illness, there is a chance to make multiple illness claims, which is more conducive to the protection of the insured. On the other hand, the method of grouping multiple claims can reduce the risk of insurance companies' claims, reduce the premium of multiple claims products, and get more protection with less money.

Extended information: Critical illness insurance refers to the commercial insurance behavior handled by the insurance company that pays the insurance premium according to the insurance contract when the insured reaches the critical illness status agreed in the insurance clause when the risk of specific critical illness, such as malignant tumor, myocardial infarction, cerebral hemorrhage, etc. occurs.

From February 1, 2021, insurance products under the old definition of critical illness will be completely removed from the shelves. According to the new regulations, some diseases will be paid according to the severity of the two levels, and the policy can be renewed, and the number of diseases covered has also increased. For the first time, the new regulations introduce the definition of mild illness, which divides the three core diseases of malignant tumor, acute myocardial infarction and sequelae of stroke into severe diseases and mild diseases according to their severity, and the upper limit of the proportion of the sum insured that can be paid for these three mild illnesses is determined to be 30% of the total sum insured.

Critical illness insurance was first introduced in South Africa in 1983 by surgeon Marie Eusbarnard. His older brother, Kristen Barnard, was the first doctor in the world to successfully perform a heart transplant. Dr. Marius found that after performing a heart transplant, some patients and their families were already in financial difficulties and could not sustain follow-ups.

In order to alleviate the financial pressure on the insured in the event of a critical illness or major surgery, he worked with an insurance company in South Africa to develop critical illness insurance.

After 1986, critical illness insurance was successively introduced into the United Kingdom, Canada, Australia, Southeast Asia and other countries and regions, and has developed rapidly.

In 1995, critical illness insurance was introduced in the mainland market, and has now developed into an important protection product in the life insurance market. In the process of development, the scope of protection has gradually expanded, and the protection function has become more and more perfect, but the design concept of this type of product has continued to this day.

The "critical illness" covered by critical illness insurance usually has the following three basic characteristics: first, "serious illness", which will seriously affect the normal work and life of patients and their families for a long period of time; The second is "huge cost", such diseases require more complex drugs or surgeries, and need to pay expensive medical expenses; The third is that it is not easy to last for a long period of time, even permanently.

Critical illness insurance benefits are used for two main purposes: first, to cover the insured's high medical expenses due to illness, illness state, or surgery**; The second is to provide financial security for the insured after illness, so as to avoid the financial difficulties of the insured's family as much as possible.