Is Chinese Life Corning Whole Life Insurance good?

Xueba talks about insurance, focusing on insurance product evaluation! Corning vs. popular critical illness insurance comparison

A one-time gift to you.

Chinese Life is worthy of the status of the big brother of domestic life insurance, and many products launched are the existence of market attention, and Corning is no different. In order to understand this product, last weekend, I read through Corning's terms from beginning to end, and then wrote a detailed review:The ace critical illness insurance of Chinese life is so complicated!

You can take a look.

It provides a detailed analysis and evaluation of Corning Critical Illness Insurance. Because it has been clearly stated in the manuscript, I won't say too much here, and I will pick two points and talk about them casually:

1. Overview of Corning's Safeguard Responsibilities.

2. What are the advantages of Corning?

1. Adequate protection: Returning to the most basic protection design, the protection for critical illness and mild illness is relatively comprehensive, not only the types of minor illnesses have reached 50, but also 7 new types of specific critical illnesses, which can pay an additional 50% of the sum insured, and the protection is basically sufficient;

2. After all, Chinese Life is a big brand and has enough service outlets, which is the advantage of Chinese Life itself that cannot be beaten;

3. The insurance age is wider than that of similar products, and you can apply for insurance from 0 to 60 years old;

3. What are the disadvantages of Corning's critical illness insurance?

To be honest, Corning still has a lot of unsatisfactory points, for example, its mild illness compensation ratio is not high, and when we look at the situation in the market, most critical illness insurance has achieved a compensation ratio of more than 30%, but Corning only pays 20%, which is slightly lower. In addition, although there are many diseases covered, there are still some deficiencies, and other more serious shortcomings I have written aboutThe ace critical illness insurance of Chinese life is so complicated!

In this article, you can take a closer look.

In addition to Corning, I also compared the hot-selling critical illness insurance products of large companies on the market this year, because there is too much content, the display here is too confusing, you can check out this articleA collection of the top 10 best-selling critical illness insurance products in 2020

It contains a number of cost-effective and cost-effective critical illness insurance products, don't miss it.

That's all for me"Is Chinese Life Corning Whole Life Insurance good? "All of them, I hope it helps you! Hope!

Corning Whole Life is a protection plan that covers death, critical illness, and minor illness.

If there is no critical illness at the time of death, then the death insurance liability will be claimed, and the claim will be more than the premium, not the premium.

Kangning lifelong critical illness insurance, when I bought it, the life insurance salesman flickered and said: I will reimburse you for the hospitalization fee of 20,000 or 30,000 yuan, but I need total hip replacement due to other conditions, but when I called the insurance staff at the beginning, the other party said that I did not meet the reimbursement conditions. CTM fooled me for a long time.

If you have the ability to pay, I think it's better to buy somewhat, Corning's surrender loss is still quite large, you can look at the cash value table at the back of your policy. Corning is a lifelong insurance for ten major diseases, pay for 20 years for life, if there is anything, according to the policy said in the compensation ratio, if it is a normal person to return to the mountain, it is to benefit future generations. You can insure the additional insurance, and it will be better to add additional insurance, so that some minor illnesses and hospitalizations can be reimbursed.

More than 50% will be refunded, which can be found in the cash value table in the contract. Major Critical Illness Protection! Accidental hospitalization medical insurance can be added! Corning is guaranteed for life! This product is non-repayable, and insurance benefits are paid for critical illness, 100 years old or death!

There is a loss in surrender, you can look at the cash value table on the contract. Corning is still good for life, especially for your mother who can't buy commercial insurance in the future at the age of 58. If there is no burden on paying the premium, it is recommended not to refund.

Insurance is a medium- to long-term investment. If you buy it, don't think about returning it. It's good to have a lifetime guarantee that you don't pay much.

Keep handing it in! Why should I surrender my policy?

There are 10 major critical illnesses in this, and if the doctor diagnoses it, you can claim the insurance claim with the policy. You can get 2 times the sum insured first!

In this case, if you surrender the policy, you can return about 40%-50%, check the cash value table for specific numbers, this insurance mainly covers critical illness and disability, if you unfortunately suffer from one or more of the 10 major illnesses stipulated in the contract, you can receive 2 times the basic sum insured with the diagnosis certificate, and then receive the basic sum insured after 100 years. If there is no major illness in the middle, you will receive 3 times the basic sum insured after 100 years, so it is still a very good type of insurance. It is recommended to continue to retain.

In addition, this insurance can be supplemented with inpatient medical treatment.

Critical illness insurance refers to the commercial insurance behavior handled by the insurance company to cover specific critical diseases, such as malignant tumors, myocardial infarction, cerebral hemorrhage, etc., and when the insured suffers from the above-mentioned diseases, the insurance company will provide appropriate compensation for the medical expenses spent. Busy work and fast-paced modern life can be physically and mentally exhausting. Illness is no longer an accident, but a cost that must be calculated in everyone's life.

Chinese Life's critical illness insurance has provided the most timely and powerful support to countless families for more than a decade to help them tide over difficulties. Among the clients I serve, the most people have this type of insurance! China Life Corning Lifetime Critical Illness Insurance, a classic in the Chinese Life Health Insurance family.

Up to 20 critical illnesses for you and your family are covered to take care of your and your family's health. Make it easy for you to live life to the fullest. Coverage:

Anyone who is more than 30 days old, under the age of 65, and in good health can be insured. The applicant or a person who has an insurance interest in the insurance shall apply for this insurance from the Company as the policyholder. Period of Insurance:

The insurance period of the contract is from the date of entry into force of the contract to the date of termination of the contract. Payment method: The payment period for installment payment of insurance premiums is divided into 10, 20 and 30 years, which are selected by the policyholder when applying for insurance.

Insurance case: Mr. Wang, 30 years old, insured China Life Corning Lifetime Critical Illness Insurance with an insurance amount of 100,000 yuan, and chose to pay for 20 years, with an annual premium of 8,700 yuan, and can get the following protection: 1Critical Illness Benefit:

After 180 days from the effective date of the contract, if the insured suffers from the critical illness (regardless of one or more) referred to in the contract for the first time and is clearly diagnosed by a specialist, the company will pay the critical illness insurance benefit of RMB 300,000 and the contract will be terminated. 2.Death Benefit:

If the insured dies, the company will pay the death insurance benefit of 300,000 yuan, and the contract will be terminated. You can add hospitalization medical insurance and hospitalization allowance insurance to make the coverage more comprehensive! Among the many clients I serve, the number and number of such insurance claims are the largest!

In the above case, if you apply for hospitalization medical insurance and hospitalization allowance insurance, and the insured amount is 20,000 yuan respectively, the annual premium is 380 yuan in total, and you can enjoy the following rights:1Inpatient medical expenses will be reimbursed at a rate of 75%, with a maximum of 20,000 yuan per year; 2.

Hospitalization allowance, for each day of hospitalization, the subsidy is 200 yuan, and the maximum subsidy can be 100 days per year, that is, the maximum subsidy is 20,000 yuan per year.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"