What are the advantages and disadvantages of Little Umbrella Bumblebee No. 3 Plus Children s Critica

Bumblebee No. 3 Plus is a children's critical illness insurance under Hengqin Life Insurance, for a detailed evaluation of this product, you can see what the dad wrote:The latest evaluation of Bumblebee 3 Plus, how is it after the upgrade?

Before explaining the advantages and disadvantages of this product, let's take a look at the guarantee:

The basic protection liability of Hornet 3 Plus is the same as that of the old version of Hornet 3, with the main differences being the following:

1.A second claim for cancer has been added

The interval is 3 years, including new, **, metastatic and ongoing cancer, 100% of the sum insured will be paid, and additional fees will be required;

2.The types of critical illnesses and children's special diseases have been updated

As can be seen from the picture above, among the diseases updated by Bumblebee No. 3 Plus, the original diseases are replaced with high-incidence diseases in children, which is very sincere.

In addition, the premium** of the upgraded Bumblebee No. 3 Plus Children's Critical Illness Insurance is the same as the original.

(1) The advantages are as follows:

Additional Critical Illness Benefit: If the first critical illness is diagnosed in the previous 20 years or 10 years, an additional 50% will be paid

Comprehensive coverage: Multiple claims for malignant tumors, multiple claims for critical illnesses, and multiple claims for critical illnesses, moderate diseases, mild diseases, and special diseases for children can be selectedThe payout ratio is highMinor stroke is upgraded to moderate disease, the compensation ratio is higher, and an additional 120% of the sum insured can be paid for children diagnosed before the age of 20, and the sum insured for mild and moderate diseases can be increased according to the number of claims.

(2) The disadvantages are as follows:

If you want to pay multiple claims for malignant tumors, you must choose to pay multiple claims for critical illness and cover them for life, which is not very flexible.

However, before applying for insurance, it is best to compare it with popular children's critical illness insurance, and there may be different choices. Regarding the popular children's critical illness insurance, Daddy recently compiled an article:The latest four rankings of children's critical illness insurance in 2020

If you are interested, you can find out.

Bumblebee No. 3 Plus is a children's critical illness insurance launched by Hengqin Life Insurance, which has a great reputation, but I just don't know what level it is compared with other popular children's critical illness insuranceComparison table between Bumblebee No. 3 Plus and the popular children's critical illness insurance in China

I took a look at the content of the Hornet 3 Plus version, and the advantages are obvious, and the disadvantages are also there. Let's take a look at the form of this product first:

As you can see from the figure, the advantages of Hornet 3 Plus:

1.Comprehensive coverageIt covers critical illness, moderate disease, mild disease, and children's special disease, and can choose multiple claims for critical illness, multiple claims for malignant tumors, and minor stroke upgraded to moderate disease, with a higher compensation ratio.

2.Additional benefits are available for critical illness. Choose 30-year or lifetime protection, and pay an additional 50% for critical illness for the first 10 or 20 years of policy.

3.The payout ratio is highThe sum insured for mild and moderate illnesses can be increased according to the number of claims, and an additional 120% of the sum insured can be paid for children diagnosed before the age of 20, that is to say, the sum insured is 500,000, and you can get 1.1 million compensation, and you can get an extra 600,000.

4. Multiple claims for critical illness can be attachedThe first critical illness will be waived with a subsequent premium, 110 types of critical illness, divided into 6 groups, after the first critical illness is paid, every 1 year interval, the other groups of critical illnesses can be re-diagnosed.

2. 3 Claims, 100% of the basic sum insured for each claim.

Cons:

The Hornet 3 Plus still has a little flaw, such as the lack of itChildren's high-incidence critical illness "intellectual disability due to illness or accident" benefitChildren's special illnesses can only be insured up to the age of 20, and the coverage is limited.

On the whole, if you don't choose additional responsibilities, Bumblebee No. 3 Plus** is cheaper than similar products on the market, such as Mommy Baobei, and the cost performance is very good, which is very suitable for people with limited budgets, comprehensive protection, and high compensation ratios.

Of course, if you choose to buy critical illness insurance for your child, you can still look at other products before choosing, I have sorted out the cost-effective children's critical illness insurance products in 2020 and share them with youTop 10 cost-effective children's critical illness insurance in 2020

In addition, to purchase children's critical illness insurance, you should carefully read its contract terms, due to the limited space, I will not go into detail here, it is estimated that I will not be able to finish tomorrow. Then I'll post a guide for you, you can take it and compare it carefully".

Teach you to identify those pitfalls in the insurance contract!

The above is mine, hope

Hengqin Life is really not simple, and the Dahuangfeng No. 3 series has made a comeback and been upgraded to a plus version. Is the upgraded bumblebee a mule or a horse? Pull it out and you'll know!

In order to make you feel the damage of the contrast more intuitively, I will give you a wave of fierce information first. Let's take a look at how Bumblebee 3 Plus compares to other popular critical illness insurance for kids:Comparison table between Bumblebee No. 3 Plus and the 136 popular critical illness insurance for minors in China

The above is my list of several equally popular children's critical illnesses for you to compare, so the following focuses on the analysis of Bumblebee No. 3 Plus.

Highlights:

1. Comprehensive protection:Take care of critical illness, moderate disease, mild disease, and special disease of children, and you can choose multiple claims for critical illness, multiple claims for malignant tumors, and minor stroke is upgraded to moderate disease, and the compensation ratio is higher.

2. Additional compensation for critical illness:If the first critical illness is diagnosed in the previous 10 years or 20 years, an additional 50% will be paid

3. High payout ratio:In the basic benefit, the proportion of compensation for moderate and mild illness increases with the number of claims. For 30 years or for life, corresponding to the first 10 or 20 years of the policy, an additional 50% will be paid for critical illness, increasing the protection in the early stage.

In addition, 220% of the sum insured can be paid for 20 specific diseases before the age of 20.

In general,Bumblebee No. 3 Plus is very cost-effective, and it is very suitable for the pursuit of comprehensive protection and high payout ratio

That's all for me, hope!

Small Umbrella Bumblebee No. 6 is a good children's critical illness insurance, the following points can be explained: can be under.

1. Wide protection for children, more additional compensation, peace of mind and peace of mind: the maximum basic insurance amount of 700,000 yuan, the maximum compensation is 8.98 million, and the threshold is as low as 240 yuan!

Take a 1-year-old baby boy as an example, the insurance amount is 500,000 yuan, the insurance is 30 years, and the annual premium is only yuan. It is a high-quality choice in the market for children's critical illnesses.

2. Children's protection: covering 183 diseases, including 20 children's special limb diseases and 10 rare diseases. Serious diseases such as leukemia and severe hand, foot and mouth disease are highly common in children. Small umbrellas and Bumblebee No. 6 can be insured.

3. Hospitalization medical allowance: Hospitalization allowance of 300 yuan per day will be paid if the patient is diagnosed with a serious illness and is hospitalized in a hospital of the second level or above in the Gregorian calendar.

Little Umbrella Bumblebee No. 5 Children's Critical Illness Insurance is a children's critical illness insurance product launched by Beijing Life Insurance.

Beijing Life Insurance is a national life insurance company jointly initiated and established by state-owned enterprises and collective enterprises under the leadership of Beijing Municipality.

Top 10 Rankings of Insurance Companies, details are here: "2021 Top 10 Rankings of Insurance Companies!" 》

Beijing Life Insurance was established in 2018 with a registered capital of 100 million yuan, and its capital strength is relatively strong.

In terms of business, Beijing Life's business covers accident insurance, health insurance, participating insurance, and universal insurance; reinsurance business for the above businesses; Other insurance fund use business permitted by the state and law.

The entire business network covers most of China. Next, let's take a look at the operating conditions of Beijing Life.

The operating conditions of insurance companies are mainly reflected in solvency, comprehensive risk rating and other data.

In the second quarter of 2021, Beijing Life's core solvency adequacy ratio and comprehensive solvency adequacy ratio were both 179%.

The latest composite risk rating is A.

What does this data say?

By comparing the standards specified by the China Banking and Insurance Regulatory Commission (CBIRC) for insurance companies (core solvency adequacy ratio of not less than 50%; The comprehensive solvency adequacy ratio shall not be less than 100%; The latest comprehensive risk rating is not lower than B).

It can be seen that in the second quarter of 2021, Beijing Life's various data met the standard, and it belongs to the ranks of insurance companies with sufficient solvency and good operation.

Written at the end: I am Daddy Insurance, focusing on neutral, professional and objective insurance evaluation;

I will give you the most professional advice with years of experience in configuring insurance for 10w+ families.

If you want to know more about insurance-related issues, you can click on the link in the article to scan the code to consult Daddy Insurance, which provides users with a variety of services such as insurance knowledge classes, policy diagnosis services, 1-to-1 consultation and protection services, customized protection plans, etc., providing the latest insurance information and problem solving, so that users can master insurance knowledge.

Bumblebee No. 3 Plus is a children's critical illness insurance product upgraded by Hengqin Life Insurance for Bumblebee No. 3.

The actual content of Bumblebee No. 3 Plus Children's Critical Illness Insurance is not much different from Bumblebee No. 3, mainly because of the addition of some additional liabilities and the update of the types of critical illness and children's special illness.

As for how about Bumblebee No. 3 Plus Children's Critical Illness Insurance, Daddy compares it with popular children's critical illness insurance to see how it performs. For a more detailed collection of children's critical illness insurance, please see here:"Children's Critical Illness Insurance Ranking, the most complete product analysis is here!"

Comparison of popular children's critical illness insurance.

Let's take a look at their coverage of high-incidence childhood diseases:

Coverage of high-incidence critical illnesses in children.

If you pursue the ultimate cost performance: Hengqin Bumblebee No. 3 Plus, Fosun Mommy Baobei

Fosun Mommy Baobei has comprehensive coverage for children's high-incidence critical illnesses, with basic responsibilities and flexible protection period options. See this for a detailed comparative review:Is there a pit on Bumblebee 3?

Compared with Mommy Baobei Sunny Day Insurance, who is the most cost-effective children's critical illness insurance? 》

Hengqin Hornet No. 3 compared with Fosun Mommy Baobei, an additional 50% of the sum insured for critical illness is a major highlight. However, the slight disadvantage is that children's special illnesses can only be insured up to the age of 20, and the limited period of additional insurance for critical illnesses is narrow.

If you pursue a high sum insured: Hengqin Hornet No. 3 Plus, Ruitai Sunny Day Insurance, Centennial Hornet No. 2

Both Sunny Day Protector and Bumblebee 2 Critical Illness Sum Assured are in the form of annual increases, and the longer the insurance period, the higher the sum insured.

Bumblebee No. 3 Children's Critical Illness Insurance is within the agreed range, with additional compensation for critical illness.

If you pursue multiple claims for critical illness: Fosun Mommy Baobei, Guohua Naughty Insurance

Both Fosun Mommy Baobei and Guohua Naughty Insurance can pay an additional 1 additional claim for critical illness without grouping, which can increase the probability of multiple claims for critical illness.

Umbrella Bumblebee No. 3 Plus Children's Critical Illness Insurance provides comprehensive coverage, covering 110 critical illnesses, with the option of multiple critical illness liability and the first critical illness premium waiver, and the critical illness can be paid up to 3 times. There is also a bonus of the sum insured:

Under the new regulations, we have evaluated more than 1,000 critical illness insurance products and selected the best 10 critical illness insurance products on the market. New Definition of Critical Illness Rankings Announced! The first place turned out to be it! 》

Two brands, but it depends on you, which brand you are two.

Liability Details:

1. Comprehensive protection for severe illness, mild illness and moderate illness, with an additional 100% compensation for 18 special diseases2Super cost-effective, better than competing products in the market.

3.You can choose multiple claims, and choose the insurance period independently for the second critical illness, covering the age of 70 or for life, giving your child longer-term protection.

4.Liberal insurance conditions.

1. In the first 10 years, 50% of the sum insured will be given in 20 years, and the leverage will be higher in the age group with high incidence of children's critical illness 2, the compensation ratio for specific diseases in children will be as high as 120%, and the leverage for children's high-incidence critical illness will be high3, and the second compensation for malignant tumors can be selected, and the number of claims for critical illness will be up to 4 times4, and the product form is flexible to meet the choices of different customers for different protection needs5.

This product can insure 185 diseases, the first 10 years and 20 years of the sum insured will pay an additional 50%, 20 kinds of children's specific critical illnesses will be paid an additional 120%, critical illnesses can be compensated up to 4 times, moderate and mild illnesses can be compensated up to 215% of the basic sum insured, and you can also choose to insure for 30 years for life, the policyholder is exempted from liability, and the cost performance is very high.

Summary of highlights: 1. 50% of the sum insured will be given in the first 10 years and 20 years, and the leverage will be higher in the age group with a high incidence of children's critical illness 2, the compensation ratio for specific diseases in children will be as high as 120%, and the leverage for children's high-incidence critical illness will be high3, and the secondary compensation for malignant tumors can be selected, and the number of claims for critical illness will be up to 4 times4, and the product form is flexible to meet the choices of different customers for different protection needs5.