What insurance does the parents need to buy?

Generally speaking, it is better to allocate critical illness insurance, cancer insurance, medical insurance, and accident insurance to parents.

Nowadays, the incidence of critical diseases is relatively high, especially for middle-aged and elderly people, the risk of critical illness is greater, and if they suffer from critical illness, the cost of the first major disease is also very high, which is easy to cause excessive economic burden to the family. Therefore, it is necessary to allocate a critical illness insurance for parents as soon as possible, so that in the event of an illness, financial losses can be reduced.

However, since the maximum insurance age of most critical illness insurance products on the market is only 55 years old, if the parents are over this age, it will be more difficult to buy the right critical illness insurance, and there may even be a phenomenon of inverted premiums.

In addition, when parents get older, their bodies are prone to various minor problems. The medical insurance is to reimburse the ** expenses incurred due to illness in accordance with the provisions of the contract, which is very practical.

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As for why you need accident insurance? This is because parents will face accident risks such as stepping downstairs, slipping in the shower, and being hit by a car in their lives, so accident insurance is also essential. In addition, many accident insurance products have relatively relaxed insurance conditions, which are more friendly to middle-aged and elderly people.

Parents need to buy critical illness insurance, accident insurance and medical insurance, so that they can obtain protection against illness, accident and medical treatment through these three insurances, and transfer the financial risks brought by the corresponding situation. As parents get older and fall ill, the risk of accidents increases, and these three types of insurance are needed to provide corresponding protection.

Next, let's take a look at what to pay attention to when buying insurance for your parents: what is the insurance for the elderly, what insurance is good for your parents, these are all you need to know.

Hello! As our parents get older, as children, we all start to worry about our parents' future health and retirement conditions. How to protect the life of parents in their old age and let them enjoy their old age in peace?

Many people think of buying insurance for their parents, one to express their love for their parents, and the other to reduce the pressure of poverty due to illness. However, because the parents are older and the insurance rates are very high, it is easy to have what we often call "premium inversion", that is, the premium paid is higher than the protection obtained. It is very cost-effective for the policyholder and the insured.

So how to solve the problem of parental protection? Children buy insurance for their parents. The first is to do filial piety, and the second is to solve the problems of the elderly in three aspects: "pension", "serious illness" and "accident", so as to ensure the life of the elderly in their old age.

Pension insurance should be taken out from a young age and received in old age. In this way, first, the earning capacity is strong when paying the fee, and the economic pressure is not great; Second, the payment cycle is long and can bear fruit. Therefore, if you are over half a hundred years old, there is no point in buying endowment insurance.

The children can directly fix a certain monthly living expenses. This part of the cost is not necessarily a great burden for the children. When children buy insurance for their parents, the first consideration is protection against critical illness and accidents.

The rate of accident insurance is low, and you can generally be insured until the age of 65, and there are many such products on the market, which are not introduced in detail. Critical illness protection is a top priority. There are two types of insurance: savings and consumption.

Purchasing savings insurance has high premiums and low protection, and it is easy to have "inverted" premiums, which is "not cost-effective" for policyholders. The low-premium, high-protection consumer insurance is very suitable, and 1,280 yuan can have 50,000 yuan of critical illness protection and 200,000 yuan of accident protection. The most important thing is that children are the greatest protection for parents, and before buying insurance for parents, we should also consider whether we already have sufficient protection, because we are young and are the economic pillars of the family, and we are also the most important protection objects.

Moreover, buying insurance at a young age can make use of time to increase value and accumulate wealth, and at the same time, it can truly reflect the role of insurance as a family umbrella.

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

What is the best way to buy insurance for your parents? How to buy the most cost-effective parental insurance? I am an insurance broker who specializes in insurance services! Help you shop around and buy the right insurance

What kind of insurance should I buy for my parents?

Buying insurance for your parents can be done in the following ways:

1. Priority is given to medical treatment and accidents, the older the parents, the higher the medical needs, if the body is relatively healthy, directly insure millions of medical insurance, the reimbursement amount is high, and solve the medical expenses of serious illnesses. Parents are older, their physical functions are declining, and they are prone to the risk of accidents, and unexpected configurations are also needed. Coupled with the relatively low premiums for medical and accident treatments, there will be less pressure on premiums.

2. Critical illness insurance can be selected according to the age, health and ability of the parents. If the parents are between the ages of 45 and 50, are in good health, and have a certain ability to pay, they can choose a critical illness insurance, but the sum insured may be limited, if they are over 50 years old, it is recommended not to choose critical illness insurance, and the premium may be upside down.

3. Cancer insurance is a simplified version of critical illness insurance, which only protects the repentant cancer, and the health notice is relaxed, which is suitable for the advanced age of parents.

4. In the case of life insurance, if the parents do not bear the family responsibility, they can not be considered, and the premium has certain requirements.

5. To buy insurance for cheating parents, you should combine your own budget, after all, the parents are older, and the premium expenditure will be relatively high.

6. You can also buy Huimin medical insurance for your parents, which can be bought only if you have medical insurance, and there are no requirements for age and health.

7. You can compare products through multiple channels and choose the right insurance for your parents, such as you can find an insurance person, but you can only sell the products of your own insurance company; You can also find an insurance broker, and you can choose the products of multiple insurance companies; It can be purchased through the channel of insurance companies; It can also be purchased through the insurance brokerage platform, which is the Internet insurance product sales platform.

It may be appropriate to buy the following insurance for your parents:

1.Basic social security: the most basic protection, generally including basic medical insurance and pension insurance;

2.Million Medical Insurance: The premium is low and the insurance amount is high, which can mainly reimburse the reasonable and necessary medical expenses incurred by the insured due to illness or accident, but the deductible is also relatively high, and the health notice is also relatively strict, and the reimbursement of serious illness or accident ** expenses should be paid.

3.Small medical insurance: low premiums and low deductibles, but the sum insured is also low, which can be used to reimburse hospitalization expenses for minor illnesses and accidents;

4.Accident insurance: mainly covers accidental death or disability, accidental medical treatment;

If you have other needs, you can also consider the following types of insurance:

5.Inclusive medical insurance: most of them can be purchased mainly by local medical insurance, and there are no restrictions on age, occupation and health;

2.Critical illness insurance: It can mainly cover malignant tumors, cerebral hemorrhage and other critical illnesses, but the health notice is stricter;

7.Cancer insurance: It mainly covers malignant tumors, and its health notice is more relaxed than that of critical illness insurance;

8.Cancer medical insurance: reimbursement of medical expenses incurred by the insured due to malignant tumors;

9.Life insurance: It mainly takes the survival and death of a person as the condition for insurance payment, but if the age of the parents is already sixty or seventy years old, then the cost performance is not very high if you buy life insurance;

10.Annuity insurance: If the insured survives safely to the age of receiving annuity, the annuity can be paid annually on an annual, semi-annual, quarterly or monthly basis.

What kind of insurance is good for parents to buy should be selected according to their own situation.

1. Cancer insurance.

Parents begin to decline in middle age, coupled with lack of exercise and irregular diet, the probability of serious illness, especially malignant tumors, is high. Middle-aged and elderly people have minor health problems, and critical illness insurance generally has more stringent health notices, and parents with a little minor illness may not be able to successfully apply for insurance, even if the health through the premium is relatively high, which may be unbearable for ordinary families. Therefore, it is advisable to take out a cancer insurance policy for your parents.

Cancer insurance mainly provides insurance protection for malignant tumors, and the insured can get insurance benefits after diagnosis. In the case that critical illness insurance cannot be purchased, it is also wise to choose a cancer insurance supplement for your parents to protect their parents' health and worry-free life.

2. Million medical insurance.

Million medical insurance can reimburse outpatient and emergency, hospitalization and other ** expenses, million medical insurance is characterized by high insurance amount, low premium. Middle-aged and elderly people often have a premium of several hundred or thousands of yuan a year, which can leverage millions of medical protection, so insurance products are cost-effective and very cost-effective.

Continuing to buy million-dollar medical insurance after purchasing cancer insurance is equivalent to giving parents double protection. At the same time as obtaining the compensation of cancer insurance, the reimbursement of ** expenses with millions of medical insurance, the compensation of cancer insurance can be saved in minutes for backup.

3. Accident insurance.

As parents get older, they often have osteoporosis, rheumatoid and other diseases, and their feet will become less flexible, and they will fall and fall if they are not careful, or fractures, so it is recommended to plan an accident insurance for their parents in advance.

And now there is an accident insurance specifically for middle-aged and elderly people on the market, the general insurance age is wide, and the insurance is low, generally only one million a year, children will not have a financial burden for their parents, so accident insurance should be chosen for parents.

Test your anti-risk index, experts will interpret it for you for free!

Types of insurance that should be bought for parents: accident insurance, cancer insurance, cancer medical insurance.

Due to age and physical health problems, parents can choose not many types of insurance. However, the older the family members, the more likely they are to get sick, so it is absolutely necessary to buy insurance!

1. Cancer prevention medical insurance.

When parents are old, there will be many high-incidence diseases coming to the door, such as three highs, stroke, etc., the incidence of this age will be higher, and it will also cost a lot of money, which will greatly increase the economic pressure for ordinary families.

If you have health insurance, you don't have to worry about not having money to see a doctor. Million medical insurance covers a wide range of responsibilities and large reimbursements, including outpatient, hospitalization, surgery, etc., and most of the reimbursement rates are 100% for the part of the cost of more than 10,000 yuan. For a few hundred dollars a year, you can buy millions of sum assured.

If the health status of the elderly is too poor to pass the health notification of the million medical insurance, they can turn to the purchase of cancer prevention medical insurance with less strict health notice.

Cancer medical insurance is a reimbursement type of insurance, that is, how much money is spent on seeing a doctor, how much is reimbursed, and the high leverage ratio is a highlight of this insurance, which is specially used to pay for hospitalization or special outpatient medical expenses caused by cancer. If you want to know more about what cancer medical insurance is, don't miss this article:What is cancer medical insurance and is it worth buying?

2. Benefit-based cancer insurance.

The elderly basically can't buy a suitable critical illness insurance, this is because the critical illness insurance has strict health notices, and due to the increase in age, the parents' physical condition is not as good as before, and they may not be able to pass. At this time, even if you apply for critical illness insurance, there may be a situation where the premium is inverted. This is where payout cancer insurance is a good choice.

Critical illness insurance is replaced by cancer insurance, the purpose of which is to target cancer, and most of the coverage of cancer insurance products will include malignant tumors and carcinoma in situ. For major illness insurance, the age of the buyer group of cancer insurance can be relaxed to under 75 years old, and the health notification is relatively easy, even if you suffer from a small problem such as the three highs, it will not affect the insurance.

Cancer insurance** is more affordable, and you can get an insured amount of 100,000 yuan for one or two thousand yuan. For a more comprehensive analysis and interpretation of cancer insurance, you might as well take a look at a strategy written by Senior Sister before:How to buy cancer insurance?

Who is it suitable for? 》

3. Accident insurance.

Generally, after parents are old, it is normal for their legs and feet to be inconvenient, and there are small accidents that hurt the muscles and bones, and accident insurance is a good thing at this time. When buying accident insurance for the elderly, you can pay more attention to the amount of accidental medical insurance, and the higher the insurance amount, the better. The best accident insurance of 2021 is here:

"In 2021, the most worthwhile accident insurance is here".

[Written at the end].

I am [Xueba Says Insurance], focusing on objective, professional and neutral insurance evaluation;

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

It is more appropriate to buy cancer insurance and accident insurance for parents, because the health of parents is gradually declining due to their age. Therefore, parents will be subject to certain restrictions in the process of applying for insurance, and cancer insurance and accident insurance will be more relaxed than other types of insurance, whether from the perspective of insurance age, pure or health notice, and are more suitable for parents to insure.

What are the insurance for the elderly, and what insurance is good for your parents, you all need to know

So next, the senior sister will introduce to you, why cancer insurance and accident insurance are more suitable for parents to insure? Don't talk nonsense, go straight to the dry goods!

1.Cancer insurance

First of all, we must know that the insurance threshold of cancer insurance is not as high as other health insurance such as critical illness insurance, and the maximum age limit of some cancer insurance products can reach Chaxiang to 70 years old, and even some products can reach 80 years old, and the insurance age range is still more humane for parents!

Secondly, the health notice of cancer prevention insurance will be relatively relaxed, such as three highs, diabetes, coronary heart disease, rheumatism and other diseases that cannot be insured by ordinary health insurance, most cancer insurance can be insured, which is very suitable for parents to purchase.

What is cancer insurance, how to buy it, which one is good, comprehensive analysis, comparative evaluation

2.Accident insurance

As we get older, our parents' bodies will also age day by day, and it will become more and more inconvenient to move.

Therefore, for the elderly group such as parents, it is relatively easy to have accidents to make sheds, and even some small accidents may have a huge impact on the parents' health.

Therefore, when choosing accident insurance for parents, it is best to give priority to choosing an accident insurance product that includes accidental medical liability, which can be used to reimburse outpatient and emergency expenses caused by accidents if conditions are met.

Accidental medical treatment includes reimbursement of outpatient and inpatient expenses, from small falls, burns, cuts, to fractures and brain fractures.

So what accident insurance products are currently available on the market that are suitable for parents to insure? Senior sister will tell you in one article:

In 2023, the most worthwhile accident insurance is hereHope.