How to buy insurance for the elderly in the family in general, please thank you

Due to the high risk of illness or accidents for the elderly, it is recommended to give priority to the allocation of protection insurance before purchasing financial insurance. About the detailed tutorial on buying insurance for the elderly, the senior sister also made a detailed analysis here, interested friends can take a look: what are the [elderly insurance], what insurance is good for parents, you need to know.

If the age of the elderly is still within the age range of critical illness insurance, it is recommended that it is more appropriate to give priority to buying critical illness insurance for the elderly. After all, with age, the probability of suffering from critical illness will also increase, and buying a critical illness insurance for the elderly can help them transfer the economic risk caused by critical illness.

However, it should be noted that the elderly may have inverted premiums when buying critical illness insurance, and they may also be restricted by health notices due to their old age and poor physical condition.

If we can't take out critical illness insurance, we can also choose to buy cancer insurance for the elderly. Cancer insurance does not have high requirements for the age of application, and the elderly are generally allowed to purchase it. When the elderly get older, the chance of suffering from cancer is relatively high, so buy cancer insurance for the elderly to provide corresponding protection for the elderly.

But it is not so easy to choose a good cancer insurance product, senior sister here is a piece of information, friends who want to buy cancer insurance can be used as a reference: what is cancer insurance, how to buy, which is good, comprehensive analysis, comparative evaluation.

After buying critical illness insurance or cancer insurance for the elderly, if you want to provide better protection for the elderly, you can configure an accident insurance for the elderly.

Due to the age, the legs and feet of the elderly will become less neat, and the possibility of accidents is relatively high. Moreover, accident insurance is not only cheap, but also has relatively relaxed health requirements, which is very suitable for the elderly.

After configuring the relevant protection insurance for the elderly, if you want to further improve the pension life of the elderly, you can buy a commercial endowment insurance for the elderly, such as commercial pension insurance, if the age is in line with the situation.

Commercial pension insurance is based on the survival of the insured as a condition, the insurance company pays the insurance money according to the time agreed in the contract, and the elderly can use this money as their own pension to improve the quality of pension life.

I don't know how old the old man is, what kind of protection do they want to buy? At present, general commercial insurance is basically required to be bought before the age of 55, and it is basically not covered before the age of 55.

Under normal circumstances, it is more appropriate to purchase critical illness insurance, million medical insurance, and accident insurance for the elderly. However, if you are unable to purchase your favorite critical illness insurance million medical insurance due to your age or physical condition, you can consider buying cancer insurance and cancer medical insurance.

1. Critical illness insurance, million medical insurance.

The older the elderly, the higher the probability of suffering from critical illness. If you unfortunately suffer from a serious illness, the cost of the nurse in the process and the follow-up recuperation expenses are a lot of expenses. Therefore, it is necessary to buy critical illness insurance.

In addition, the medical expenses incurred in the process of critical illness are also relatively expensive. Therefore, it is especially important to have a million-dollar medical insurance policy that can reimburse high medical expenses.

2. Accident insurance.

Accidents are everywhere, and the elderly are more likely to have accidents due to their aging bodies, which often have problems of inconvenience and osteoporosis. Therefore, it is also particularly important to buy an accident insurance for the elderly.

3. Cancer prevention insurance and cancer prevention medical insurance.

The elderly are older and their physical fitness is declining, making them more susceptible to cancer. Moreover, the high cost of cancer** often causes a serious financial burden on families.

However, due to age and health, it is often difficult for the elderly to purchase their favorite critical illness insurance and million-dollar medical insurance. Therefore, it is very necessary to choose the right cancer insurance and cancer medical insurance.

Cancer insurance is a benefit-based insurance that provides coverage for cancer diseases as agreed in the contract. Moreover, compared with critical illness insurance, not only is the age range of insurance wider, but the health notice is also more relaxed.

Cancer medical insurance is a reimbursement type of insurance, which can reimburse the medical expenses incurred by cancer on a proportional basis, and help reduce the burden of cancer** expenses to a certain extent.

Finally, in order to reduce the pit when insuring the elderly, the senior sister specially prepared a detailed insurance strategy for the elderly:What are the [old people's insurance] and what insurance is good for your parents, you all need to know these brothersHope.

It is a wise choice to allocate insurance to the elderly, because the elderly belong to a vulnerable group and need insurance to protect them.

Many people don't know what insurance to buy for their parents, mainly because they don't know enough about insurance. I recommend you to take a look at this guide from my fatherHow to buy insurance for middle-aged and elderly people? What kind of insurance can I buy for my parents?

You can understand it at a glance

1. How to buy old-age insurance is cost-effective

Many children, out of filial piety, will choose to allocate insurance to their parents. But I don't know much about insurance, and I don't know what insurance is suitable for the elderly on the market. If the financial ability allows, the father recommends that everyone configure accident insurance, million medical insurance and cancer prevention insurance or cancer prevention medical insurance for their parents.

2. What are the precautions for the elderly to buy insurance?

1.Identify the needs and prescribe the right medicine

You must know that there are not many types of insurance that the elderly can insure, so it is more important to pay attention to insurance on demand for the elderly.

Before insuring the elderly, it is important to clarify their needs first, and then choose an insurance product that can meet their needs, so that it is a wise choice.

2.There is no need for critical illness insurance

Critical illness insurance has strict health requirements, and it is often difficult for the elderly to pass health notification.

Moreover, critical illness insurance also has strict age restrictions, and there are relatively few critical illness insurance suitable for people over 60 years old. In addition, the older you are, the more expensive the premium, and if it is underwritten at a higher cost, the premium will be higher.

3.Configure life insurance on demand

Life insurance is mainly a type of insurance that protects the family from falling into a quagmire after the death of the insured.

However, the elderly generally do not bear the main responsibility of the family, and the allocation of life insurance for the elderly cannot really play the role of life insurance.

"Raising children and preventing old age" is the most traditional and simple concept of old-age care in China, and this traditional way has indeed ensured the reproduction and inheritance of the family in the historical process of Chinese families dominated by multi-child families and farming culture. Configuring an insurance policy for parents has become a way for many children to be filial to their parents.

In commercial insurance, there are consumption and return, which is better to choose when insuring the elderly at home? Many children may not know much about consumption insurance and return insurance when they allocate insurance for their parents, and they don't know which one is better. Let's take a look.

What is Consumer Insurance? To put it simply, buying insurance is consumption, and the money spent will not come back, unless it is to apply for a claim, and if there is no insurance, the insurance company will not refund the premium after the insurance expires.

What is Return-Based Insurance? As the name suggests, it is insurance that can return the premium, that is, after purchasing insurance, you can apply for a claim if you have an accident, and after the insurance expires, the insurance company will refund the corresponding premium.

Comparing the two types of insurance, I believe everyone may be happy to buy a return type of insurance, but you need to understand that not all insurance can be returned, and even if it can be returned, there will be certain restrictions, and you need to pay more premiums.

In addition, what should the elderly pay attention to when applying for medical insurance?

First, the purchase of medical insurance must require a physical examination, and many insurance companies will not cover people who are not healthy enough. The elderly themselves have begun to degenerate, so although there is no major problem, some physical defects should still exist. The threshold for wanting to buy is relatively high.

Second, many commercial medical insurance insurance insurance is less than 60 years old, that is, the elderly over 60 years old simply can't buy some medical insurance, even if they have purchased before, they can only be renewed until about 65 years old.

Third, due to the high risk of critical illness for the elderly, the premium will be very expensive, and there may even be an inversion of the premium and the sum insured, that is, the premium we call is even higher than the sum insured.

1. Priority should be given to the purchase of cancer prevention insurance.

Among the two types of disease insurance, critical illness insurance and cancer prevention insurance, it stands to reason that critical illness insurance has a wider coverage and a longer protection period, and should be the priority insurance for the elderly. However, the premiums of this type of insurance are somewhat high, especially for the elderly over 50 years old, and it is easy to have a situation where the premium is higher than the sum insured. Therefore, it is recommended that the elderly give priority to cancer insurance when buying illness insurance, which not only has high protection, but also has a low premium.

2. Choose a product with a high age limit.

At present, the old age insurance on the market has a limit on the age of the policyholder, and most of them are 50 years old. However, there are also companies that offer products specifically designed for the elderly, usually up to 70 years old.

3. Choose a product that doubles the compensation for special diseases.

As the elderly age, the risk of developing their own diseases will also increase. Therefore, when choosing elderly illness insurance, try to choose a product that compensates multiple times for common diseases of the elderly.

。Buying insurance is not simple, there are some things you do have to pay attention to, and it just so happened that I compiled one earlier"A collection of key knowledge points that must be understood before buying insurance! 》, I suggest you take a look.

Then I will pick out 3 precautions for a brief analysis:

1.What is the right premium and sum insured?

The sum insured and premium payout depend on your family's financial situation. There is a double ten principle that can be referred to: the premium is 10% of the annual income of the family, and the sum insured is 10 times the annual income of the fixed family. Don't let the premium be too high to affect the normal consumption of the family.

2.What is the order of insurance for family members?

Every family member has the need to buy insurance, and the correct order of insurance is for adults, children and the elderly. Every family member has the need to buy insurance, and the correct order of insurance is for adults, children and the elderly. Therefore, the best protection for the elderly and children is to protect the family pillars first.

3.Can I only buy insurance from the same insurance company?

It is not right to smash the products of one company, and it is necessary to compare multiple companies. It is difficult for an insurance company to be excellent in every type of insurance, which is why insurance requires three currencies. A copy I've put together these days"10 Cost-effective Critical Illness Insurance in 2020"., the article helps you compare the excellent products of different companies.

How can seniors buy health insurance? What to look out for?

The elderly can buy medical insurance, many medical insurance coverage age to 60 years old, 65 years old, including cancer medical insurance specially designed for the elderly to cover the age of 70 years old, so for the elderly, you can still buy medical insurance. However, medical insurance has a health notice, and the elderly should answer these health notices truthfully when purchasing. If you deliberately conceal it, you may not be able to make a claim after the accident at a later stage.

In the insurance market, the types of elderly insurance are also colorful, it is really not easy to buy a suitable product, I want to help you save time, I sorted out this super cost-effective elderly insurance:"A Collection of Seven Most Suitable Insurance Products for the Elderly".

Birth, old age, sickness and death, no one can avoid it, from the following incidence curve, we can see that after the age of 50, the probability of disease will be greatly increased.

In general, the elderly are equipped with insurance, and it is best to use these types:Medical insurance + medical insurance + cancer insurance + accident insurance.

1.Medicare

For 99% of the elderly, medical insurance is the most important medical security, and there is no threshold for age and health requirements, especially for the elderly who cannot apply for other commercial insurance, medical insurance is a must.

2.Medical insurance

The elderly are at high risk of disease, and if they suffer from high-incidence diseases, such as diabetes, hypertension, rheumatoid arthritis, cancer, etc., they all need to take long-term medication**, which brings a lot of financial burden to the family.

Million medical insurance can be used for reimbursement of inpatient medical expenses, whether it is outpatient, surgery or hospitalization expenses, self-payment of 10,000 yuan, medical expenses of more than 10,000 yuan can be 100% full reimbursement, in addition to cancer and other major diseases, it can be directly reimbursed with 0 deductible. Million medical insurance can supplement and reimburse expenses that cannot be reimbursed by medical insurance, minimizing the burden of expenses. In order to let everyone spend their money on the blade, the sleepless days can be regarded as sorting out this million medical insurance points, which is worth seeing"Top 10 [Worth Buying] Million Medical Insurance Points".

3.Cancer insurance

Older people are much more likely to develop malignant tumors than younger people. If your parents can't afford to buy a million medical insurance because of their poor physical condition, it is very necessary to start a cancer insurance at this time.

Cancer insurance is a simplified version of the Million Dollar Medical Insurance that only pays for cancer. Cancer insurance is much cheaper than heavy illness insurance**, and even if you have three highs, diabetes, rheumatoid and other conditions that are not related to cancer, you can rest assured that you can buy insurance.

4.Accident insurance

When people get old, they begin to have various problems in their bodies, such as osteoporosis, falls and injuries also occur from time to time, and there is a greater risk of accidents. Moreover, the recovery ability of the elderly is also relatively poor, and if an accident occurs, the time may be much longer than that of young people, and long-term medical expenses are required.

This shows the importance of an accident insurance for the elderly. Accident insurance is generally available up to the age of 65, the premium is very cheap, and the health requirements are not high. However, it takes a lot of effort to buy a suitable accident insurance product, and reading my information may be helpful to you:

"2020 Super Cost-effective Accident Insurance Product ** Point".