Critical illness insurance, if it is only paid once, the contract will be terminated

It depends on what you buySingle Claim Critical Illness Insurance or Multiple Claims Critical Illness Insurance, and whether you have a second claim for some critical illness attached.

Single-payout critical illness insurance

You can see this productThe number of critical illness claims is 1 timeThe payout ratio is 100% of the basic sum assured, but if a critical illness is diagnosed before the age of 60, an additional 80% of the basic sum assured can be paid. It is equivalent to buying 500,000 insurance amounts, and 900,000 yuan can be paid if diagnosed before the age of 60, which is directly doubled! The value for money is still very good.

Next, let's look at the optional liability, and we can see that this product can be supplemented with secondary compensation for critical illnesses such as cancer and cardiovascular and cerebrovascular diseases.

This also means,After one claim for a critical illness and a second claim for cancer and cardiovascular and cerebrovascular diseases, if you are diagnosed with cancer or cardiovascular and cerebrovascular diseases again, you can pay another 150% of the basic sum assured.

This is the basic situation of the payment of a single claim for critical illness insurance in addition to the second claim for certain diseases, of course, the proportion of the second claim depends on the specific provisions of the product. The Darwin No. 3 (excluding death) compensation ratio for you as an example above is already quite good, and the interval is also short, and the protection is large.

Multiple claims for critical illness insurance

It can be seen that Jiaduobao is a product that pays multiple claims for critical illnessCritical illness can be paid 6 times in 6 groups, and each group will only be paid onceIf all 6 times are paid, the contract will be terminated.

Here I want to focus on itWhen choosing a critical illness insurance product with multiple claims, it is best to group the critical illness into a separate group for cancerDue to the high incidence of cancer, a single group can improve our probability of receiving compensation, and Jiaduobao has done this, and the protection of mild to moderate diseases is also quite good, cost-effective.

The senior sister also compared the 136 popular critical illness insurance in the country to see what other cost-effective multi-claim critical illness insurance is:A comparison table of 136 popular critical illness insurances in China

Hope!

At present, the critical illness insurance launched by major insurance companies will continue to be effective after the policyholder's mild and moderate illness is paid, which means that the insurance contract does not end after the payment. Whether the contract is terminated after a critical illness claim is subject to the insurance liability agreed in the insurance contract, some critical illness insurance only pays once, while others can pay multiple times. Therefore, when you buy critical illness insurance, you must consult the regulations in this regard, if you terminate the contract after one claim, then the insurance cost will be relatively lower.

If you are afraid of being cheated and expensive when you buy insurance, it is recommended that you take a look at this first: avoid pits! 90% of the problems that people will encounter when buying insurance are related to them

Not necessarily, some commercial critical illness insurance plans can pay once, while others can pay multiple times. Different products will have different coverage. Generally, if you make a one-time claim, the premium has a large leverage on the sum insured, that is, the same premium can be exchanged for a larger sum insured, and its function is that the first critical illness will give you more protection.

China Merchants Cigna experts suggest that before you apply for insurance, you must read the protection content of the insurance contract clearly, and do not blindly apply for insurance.

Depending on the contract.

1. There is a single compensation termination.

2. If there is a single payment that will not be terminated after the payment.

3. There are multiple claims.

This depends on whether there is a second payment under the critical illness insurance regulations of the insurance, if there is, the insurance company may still pay, if not, it will not be able to continue to pay。Critical illness insurance is regarded by many people as basic insurance, because with the development of society, more and more people are diagnosed with critical illnesses, and purchasing a critical illness insurance can increase protection and pass on the risk when accidents come. There are many types of critical illness insurance, and many people do not read the regulations clearly when they buy them, and they are not sure how to do it once they encounter problems.

Some critical illness insurance plans can make a second or third payment, and if this is the case, the insurance company can pay it again after one payment**, and you can also make a second payment. Some insurance plans also have a time limit for the interval between second payouts, for example, two or three years. If the insurance stipulates that it is not covered for three years**, then even if you purchase this type of critical illness insurance, you will not be able to pay it

Because many critical illnesses are not available for two or three years, it means that the likelihood of follow-up is getting lower and lower, and insurance companies do this to reduce the loss ratio. This type of insurance is usually more expensive.

Some critical illness insurance only has a one-time payment, when the insured is diagnosed with the disease, it is found that the company will review the insured's situation, and then pay the compensation, and the contract will end after the payment is completed, and the insurance company will not be related to the situation in the future. The advantage of this type of insurance is that the premium is relatively cheap, and the disadvantage is that it only pays the insured in a lump sum, and it is usually very difficult to buy other insurance in the future, and generally no insurance company is willing to underwrite it.

Therefore, the protection and the premium are usually proportional, whether the insurance company will continue to pay after two years, this has to be decided according to the insurance purchased by the insured, and these are usually written in the insurance contract. If you are unsure, you can directly consult the staff of the nearby business hall or call customer service**.

If you have always purchased insurance, then you will still be reimbursed again. If the process of purchasing insurance is interrupted, then these reimbursements will not be possible.

Do you tell us the truth before you apply for insurance? Questions. Buckle.

Didn't know you were sick before you took out the insurance.

If the critical illness before the insurance is purchased, will the insurance company pay for it after two years?

Here's a description of your problem.

That's why I asked you.

Questions. That's right, two years ago, I bought critical illness insurance for a six-year-old child, but I didn't pay it because I didn't have money in the past two years, and now the child has a brain tumor, I want to consult whether the insurance company will be responsible for it.

Can you tell me the result?

Interest on your policy.

There is no automatic pad delivery.

Questions. Because there is no money on the card, it is not paid.

Because this one of yours is definitely critical illness insurance, which has a cash value.

It is the benefit of the policy, the agreement in the contract.

Questions. Yes, if there is money on the card number, it will be deducted.

Let me tell you this, this is a critical illness insurance policy, and you have paid for two years, and it has a cash value, that is, when you stopped paying two years ago, your policy has a corresponding cash value.

If there is such an agreement in your policy contract, that is, when you do not pay the premium, the policy has the function of automatic footing, that is, the account corresponding to your policy and a cash value are used to deduct your insurance premium.

Hello, is there anything else I can do to help you? If you are satisfied with the answer service, please use your rich little hands to help light up the five little stars after the consultation, can you evaluate it? Thank you and have a great day!

The insurance company will definitely pay for it, mainly because after two years, the insurance company will definitely bear this compensation, because he has not been cured at one time.

If your insurance contract has expired for two years, you have told the insurance company about this situation before taking out the insurance, and according to the content of the contract, you can pay for it.

Termination of the contract after a single claim for critical illness is called a single claim. Single-payment critical illness insurance refers to the payment method in which the insurer terminates the insurance contract and the insurer no longer bears the insurance liability after the insurer fulfills the obligation to compensate or pay the insurance money once as agreed.

[Legal basis].Article 23 of the Insurance Law of the People's Republic of China.

After receiving the request for compensation or payment of insurance money from the insured or beneficiary, the insurer shall make an assessment in a timely manner; Where the circumstances are complicated, an approval shall be made within 30 days, unless otherwise agreed in the contract. The insurer shall notify the insured or beneficiary of the verification results; For those who are liable for insurance, the obligation to compensate or pay insurance money shall be fulfilled within 10 days after reaching an agreement with the insured or beneficiary to compensate or pay insurance money. If the insurance contract stipulates the time limit for compensation or payment of insurance money, the insurer shall perform the obligation of compensation or payment of insurance money in accordance with the agreement.

Legal analysis: It is not that critical illness insurance is terminated after only one payment, some of them are paid multiple times, and there are two critical illness claims after one critical illness payment. Critical illness insurance is different from medical insurance, medical insurance has a compensation principle, that is, the cost of reimbursement per mu will not exceed the expenditure, but the claim of critical illness insurance is a payment type, that is, a one-time payment of insurance benefits.

Legal basis: Insurance Law of the People's Republic of China Article 16 If the insurer makes inquiries about the subject matter of the insurance or the relevant circumstances of the insured when concluding an insurance contract, the policyholder shall truthfully inform the insurer. If the policyholder intentionally or due to gross negligence fails to perform the obligation of truthful notification as provided for in the preceding paragraph, which is sufficient to influence the insurer's decision on whether to agree to underwrite or increase the insurance rate, the insurer has the right to terminate the contract.

The right to terminate the contract provided for in the preceding paragraph shall be extinguished if it is not exercised within 30 days from the date on which the insurer becomes aware of the reason for termination. If more than two years have elapsed since the date of the conclusion of the contract, the insurer shall not terminate the contract; In the event of an insured event, the insurer shall be liable for compensation or payment of insurance money. If the policyholder deliberately fails to perform the truthful notification of the policyholder, the insurer shall not be liable for compensation or payment of insurance money for the insured accident that occurred before the termination of the contract, and shall not refund the insurance premium.

If the insured fails to perform the obligation of truthful notification due to gross negligence, which has a serious impact on the occurrence of the insured accident, the insurer shall not be liable for compensation or payment of insurance money for the insured accident that occurred before the termination of the contract, but shall refund the insurance premium. If the insurer is aware of the failure of the policyholder to truthfully inform the insurer at the time of conclusion of the contract, the insurer shall not terminate the contract; In the event of an insured event, the insurer shall be liable for compensation or payment of insurance money. An insured accident refers to an accident within the scope of insurance liability as agreed in the insurance contract.