How about buying United Life Love Baby Critical Illness Insurance for a baby over 1 year old

It is okay to buy United Life Love Baby Critical Illness Insurance for a baby over 1 year old, but the senior sister suggests that you should give priority to the configuration of a separate critical illness insurance product for your child, because the Love Baby Critical Illness Insurance on sale is an additional insurance, and if this product is only regarded as all the critical illness protection for the child, it is impossible to establish a relatively complete health protection for the child.

United Life, how, what products are there, which one is good, in-depth analysis!

So in the next time, the senior sister will introduce to you this "Additional Love Baby Early Payment Critical Illness Insurance (2021)" from United Life Insurance, not much nonsense, directly above:

1.Short waiting period.

According to the terms, the waiting period for the additional iBaby Early Payment Critical Illness Insurance (2021) is 90 days, which means that the insured can enjoy the full protection from this product about 3 months after the insurance is insured and takes effect.

Compared with those critical illness insurance products with a waiting period of 180 days, the Critical Illness Insurance (2021) can allow the insured to enjoy the protection faster. And for the insured, the shorter the waiting period for an insurance product, the better.

After all, the insurance company will not pay for the insured during the waiting period, and at most it will refund the premium paid or cash value, so the shorter the waiting period of the insurance product, the better.

During the waiting period, the insurance company will not pay? If you don't understand, you'll suffer a big loss!

2.Moderate illness will be paid as mild illness.

From the product diagram given above by the senior sister, you can see that the protection responsibilities of the additional iBaby Early Payment Critical Illness Insurance (2021) are mild and severe disease protection, specific illness insurance benefits and minor illness premium waiver protection for the insured.

Although it seems that the moderate illness benefit is missing, this product classifies some moderate illness as mild illness, so the insured can still enjoy some moderate illness coverage.

However, once the insured is insured with a moderate illness, the insurance company will only pay according to the proportion of compensation for the minor illness, and the insurance money that the insured can get will be relatively less than most of the critical illness insurance on the market with moderate illness protection.

Top 10 Popular Critical Illness Insurance Points Worth Buying!

When buying insurance, you should first choose social security, and then you can consider commercial insurance, which first considers health, and so on.

Summary. Hello (* Dear This insurance has three levels: 5 years, 10 years and 20 years.

Hello (* Dear This insurance has three levels: 5 years, 10 years and 20 years.

Click on the image to enlarge it.

Tips: The insurance company is an economic organization that collects insurance premiums from the policyholder in accordance with the contract and bears the risk compensation responsibility of the policyholder after the accident, and has the professional risk management technology of early reform. There are more than 200 well-known insurance companies in China, including Ping An, Pacific, Sunshine, China Life, Dadi, Xinhua, Taikang, Renmin and Fude Life.

Do you still have to pay it when you're twenty years old?

It has nothing to do with age, it has to do with the period of your contributions, for example, if you pay for 20 years, then you have to pay for 20 years.

Many people have doubts about United Life Insurance, and they don't know if there is a phenomenon of royal deception in this family. Then I will first give you an article about United Life, and if you have doubts about this company, you can take a look:Is United Life Reliable?

Can I buy their products? 》

Next, let me talk about some details of this company:

One. Comprehensive

Founded in 2005, United Life Insurance is a national, joint-stock life insurance company. The registered capital is 100 million yuan; Provide customers with multi-field services, including insurance, asset management, pension, etc.

Two. Solvency

Solvency refers to the ability of the insurance company to fulfill the liability of compensation or payment, and the solvency is sufficient to ensure that there are enough funds to pay the insurance money in the event of an insured accident, so as to increase the trust of customers in the company. To sum up, when looking at a company, solvency needs to be considered.

The China Banking and Insurance Regulatory Commission (CBIRC) has set two major indicators to measure solvency: core solvency adequacy ratio (not less than 50%) and comprehensive solvency adequacy ratio (not less than 100%). The chart below shows the annual solvency situation of United Life in 2019:

From the figure, we can know that the core solvency adequacy ratio and comprehensive solvency adequacy ratio of United Life Insurance have exceeded the specified level, and according to the data of 2019, the comprehensive risk rating of United Life is B, which can be said that the solvency of this company is still very good; If you want to know how much solvency is located in the country, you can take a look at this article:"National Insurance Company Solvency Ranking List".

Three. Ability to settle claims

As an important part of the insurance process, the follow-up service is closely related to the vital interests of the customer. No matter how good the product is, the after-sales service is poor, if you need to think twice; In 2019, in terms of small claims processing, the average claim payment cycle of United Life was days, and the odds for small claims were as follows; It is also trustworthy for United Life's ability to manage Zheng Demolition and Dig for compensation.

Four. Insurance Product Introduction

United Life Insurance mainly operates various life insurance businesses such as life insurance, health insurance, and accident insurance

It's just that it's not popular to buy, about the product analysis of United Life, I also sorted out a related article, you may wish to take a look at the article and decide whether to start:Product Analysis ArticleHow about United Life's popular product? What are the pros and cons?

Hope!

There is no limit to the amount of insurance for children's critical illness, and the 100,000 refers to it.

In the four cities of Beijing, Shanghai, Guangzhou, and Shenzhen, the insured amount of the insured under the age of 17 (inclusive) shall not exceed 100,000 yuan, and 50,000 yuan in other places.

Our United Life Insurance Company has a maximum coverage of 1,000,000 for critical illness.

Our company's critical illness insurance cannot exceed the death benefit insurance amount, so generally speaking, our company's ** people will give customers 100,000 life insurance + 10 critical illness insurance draft fraud insurance. It is also possible to do life insurance of 1 million or more + 1 million critical illness, but this plan company will declare to the customer that if the insured dies before the age of 18, only 100,000 will be paid.

The minimum amount of compensation for our children's critical illness insurance is 25% of the sum insured, 25% of the sum insured at the age of 0, 50% of the sum insured at the age of 1, 75% of the sum insured at the age of 2, and 100% from the age of 3.

Have a free consultation!