Can critical illness insurance pay multiple times, and can critical illness insurance pay multiple t

If you have purchased critical illness insurance, as long as the diagnosed disease is in line with the protection object in the insurance terms, then you can get a one-time payment from the insurance company, on the one hand, you do not need to pay the medical expenses after the illness, and more importantly, it reduces the burden of personal medical expenses.

For example, if a critical illness insurance of 200,000 yuan is purchased, even if it is only paid for one year, as long as the critical illness is diagnosed after suffering, the claim will be made according to the insured amount of 200,000 yuan, rather than according to the insurance premium paid. If the annual premium is 5,000 yuan, and you suffer from a critical illness for the first time in the second year and get a claim of 200,000 yuan, then this 10,000 yuan is the most digital embodiment of the so-called protection.

Different products will be different, if you want to pay multiple products, you can check this article: "2020 Critical Illness Insurance Ranking, Don't Miss These Multiple Claims Critical Illness Insurance!" 》

Before choosing critical illness insurance, we must have a certain understanding of critical illness insurance in order to better choose the right critical illness insurance product for ourselves.

Critical illness insurance refers to the commercial insurance behavior of the insurance company that pays a lump sum of money when the insured suffers from the disease agreed in the critical illness insurance contract, which is handled by the insurance company and covers specific critical diseases, such as malignant tumors, acute myocardial infarction, sequelae of stroke, etc.

The biggest advantage of critical illness insurance is that after the diagnosis contract stipulates that the critical illness is confirmed, the insurance money will be paid directly in a lump sum, which can not only ensure the normal life of the family, but also provide the patient with the first expense in the early stage.

In addition, there are three types of critical illness insurance: one-year, long-term and lifelong-term, and friends with weak financial ability are more suitable to choose one-year critical illness insurance, and friends with financial ability are more suitable to choose long-term and lifelong critical illness insurance.

How to buy critical illness insurance? What to look out for?

1.Coverage should be comprehensive

Generally speaking, critical illness insurance with death liability will have more expensive premiums, and only one of the critical illness benefits and death benefits can be paid.

For additional death benefits, it is necessary to analyze them in combination with your own situation, and if you want to supplement the death sum assured, you can also add them.

2.How to choose the sum insured?

As per capita income continues to rise, so does the cost of health care.

According to the estimate of the cost of illness given by the China Banking and Insurance Regulatory Commission, the average cost of common critical illness is about 200,000.

For most middle-class families, this is almost the equivalent of a year's income.

And the ** cost is only one of them, and the follow-up will also face the ** cost, long-term medication costs, including income interruption due to physical reasons, etc.

Therefore, Daddy recommends that the insured amount of critical illness insurance should not be less than 300,000 yuan, and if you live in a first-tier city, it is recommended that the insured amount of critical illness insurance should not be less than 500,000 yuan.

At the same time, it is reasonable to suggest that the annual premium expenditure of the family should not exceed 10% of the annual household income.

3.Buy critical illness insurance as soon as possible

Critical illness insurance should be bought early, while you are healthy, and when you are young.

Otherwise, once there is a problem with your medical examination report, it will be more difficult to buy critical illness insurance. If you hide it from the insurance company, you will encounter prevarication when making a claim, but if you declare it truthfully, you may be denied insurance, so you will not be able to buy suitable insurance.

There are restrictions on multiple claims for critical illness insurance:

1. Disease grouping.

Some insurance companies will group illnesses so that multiple claims must be made in different groups.

2. Time interval.

There is an interval between the second diagnosis of the disease and the first one.

It is important to remind you that before purchasing a critical illness insurance with multiple claims, you must read these conditions clearly and make a decision based on your budget and actual situation.

Critical illness insurance with multiple claims does not necessarily pay multiple claims, because there will be two concepts in the terms of this type of insurance product, one is the group of diseases, and the other is the interval period.

If the disease group of critical illness insurance is grouped, if there is a claim for a disease in the same group, no other disease protection is provided, if the high incidence is put into one group, then the probability of multiple claims is extremely low; In addition, there will be an interval between multiple claims, some are 180 days, some may be 1 year, 2 years, or even up to 5 years, and the longer the interval, the less meaningful it is for multiple claims.

The biggest difference between a single claim and multiple claims is that a single claim for critical illness insurance is to obtain a critical illness, and the contract will be terminated after the claim is settled, and if you suffer from a critical illness in the future, you will no longer be paid; The multiple claims refer to the fact that after the first illness, you can also get the claim after the subsequent critical illness, as follows:

How to pay multiple claims for critical illness insurance, subject to the terms and conditions of insurance, the payment rules for different products are different, taking the multiple version of Huaxia Ivy Critical Illness Insurance as an example, covering 100 kinds of critical illnesses, divided into 6 groups, critical illness can be paid up to 6 times, the first time according to the basic sum assured, the premium paid, the cash value of the three greater compensation, and then according to the basic sum assured.

In addition, some critical illness insurance plans provide a one-time payment of critical illness benefits, such as the DoPage Insurance Plan, which pays once according to the basic sum assured.

Depending on what kind of insurance you are insured, some can be paid multiple times.

Do you need to buy multiple claims for critical illness insurance?

1 Multiple claims for critical illness insurance are paid according to disease groups, and each group can only be paid once, so the more groups, the better. 2. If the high-incidence critical illness is concentrated in one group, once you suffer from two different high-incidence critical illnesses in succession, you will be able to claim once and you will not be able to claim the second time, so it is important to disperse the grouping of high-incidence critical illnesses. 3. Malignant tumors should be grouped separately.

4. The interval should be short enough.

If you look at it alone, of course, it can be paid multiple times. Although the probability of suffering from two major illnesses is not high, it is better than nothing. Of course, the premium of multiple claims for critical illness insurance will be higher than for a single claim.

Therefore, friends with insufficient budget actually choose a single payment of critical illness insurance, and try to make the sum insured as high as possible, which is actually a good protection.

When choosing a critical illness insurance with multiple claims, two principles should be adhered to: one is that the premium should not be too high, and the other is that the grouping should be reasonable.

Yes, like Ping An Fu products, as long as Ping An Fu tumor is attached, critical illness can be paid three times!

The claims process of insurance companies is different, and it is most accurate to call the insurance company** directly to consult manual services.

Many consumers are worried about having a critical illness again, and multiple claims for critical illness insurance may sound like you can pay for multiple times, but the premiums are more expensive, so many consumers are struggling with whether to buy multiple claims for critical illness insurance.

With the development of medical technology, the rate of cancer has gradually increased, and the demand for multiple claims for critical illness insurance has also begun to increase. At present, which of the mainstream critical illness insurance products in the market that can be paid multiple claims are worth buying?

1. Pursue many times of compensation: Xintai Ruyi Life Guardian Collector's Edition.

This multiple claims for critical illness insurance can be paid a total of 12 times for critical illness + mild illness + moderate illness, which is considered to be more times in the same type of critical illness insurance, and the compensation ratio is not bad, the 6 claims for critical illness are increasing step by step, respectively % and 200%, if the insured suffers from a critical illness before the age of 60, an additional 50% of the basic sum assured will be paid.

However, it should be noted that the critical illness claims of this product are grouped, while the multiple claims for mild and moderate illnesses are not grouped.

2. The pursuit of multiple claims without grouping: Ruihua Bejia Lebao.

This product can be paid for a total of 10 times for critical illness + mild illness + moderate illness, all diseases are not grouped, critical illness can be paid 5 times, each claim is 100% of the basic sum insured, moderate illness is paid 2 times, 50% of the sum insured is paid each time, and 3 times for mild illness, and the compensation ratio is paid in % ratio one by one.

3. The pursuit of cheap premiums: Fosun and Beijixing.

A 30-year-old man chooses an insured amount of 400,000 yuan, pays in 30 years, and guarantees for life, and the annual premium is 6,572 yuan, which is the cheapest of the above products. Moreover, the product protection is also good, critical illness + moderate disease + mild illness can be paid 8 times without grouping, and critical illness compensation 3 times, according to the proportion of % compensation one by one.

Hello, we can find that more and more insurance companies are now offering critical illness insurance that can be paid multiple times, especially joint venture insurance companies. In order to improve the competitiveness of the product, insurance companies can indeed broaden the scope of protection by adding multiple claims, but at the same time, it also brings an increase in premiums, how to choose as a customer?

I think we should start from the perspective of our own risk, if we happen to be at high risk of multiple critical illnesses (for example, the family has a history of cancer, and a history of cardiovascular and cerebrovascular diseases). It is certainly good to choose a critical illness insurance that can be paid multiple times, but it should be noted that critical illness insurance that can be paid multiple times is generally grouped for critical illness, with the same group paying at most once, and different groups can pay multiple claims. We need to pay attention to whether our high-risk patients are in the same group.

However, the general grouping method of insurance companies is to divide the common high-incidence ones into a group to avoid multiple claims; Or they may be grouped separately, but the premiums will also be significantly higher. Customers are required to assess their own critical illness risk.

If there is no threat of multiple high-risk critical diseases, it is the general population. I think the significance of group compensation is much smaller, and the probability of a normal person suffering from two critical illnesses is too small. On the contrary, it would be good to have multiple claims for cancer.

At the age of 85, the incidence of cancer is 36%, accounting for half of the incidence of critical illness. Moreover, there are many hair elements of cancer, which are still nowhere to be found in current medicine, and cannot be prevented. In addition, cancer is also very stubborn, and it is easier to **later**.

If the critical illness insurance has multiple claims for cancer, it can continue to provide financial support for us to fight cancer, which is very helpful to improve the 5-year survival rate.

For women and children, in addition to continuing to provide financial support for**, there is another layer of significance to multiple claims for cancer. The 5-year survival rate for breast, thyroid and cervical cancers is very high. **In the future, there will still be threats from cancers such as stomach cancer, liver cancer, lung cancer and colorectal cancer.

If there are multiple claims for cancer, there is still a guarantee after breast cancer and the like** that can deal with stomach cancer, liver cancer and other cancers with a high incidence but more dangerous. The same is true for the high incidence of leukemia in children, and the ** rate of childhood leukemia is high, but you can't run naked for a lifetime after being cured of leukemia, right?

Many diseases in modern society have a tendency to be younger, and many people get serious illnesses at a young age, and they can't buy insurance for the rest of their lives, and they have no protection, and they are very anxious and panicked. Based on this mentality, critical illness insurance with multiple claims has become popular.

The so-called multiple claims critical illness insurance, as the name suggests, means that after the first critical illness payment is obtained, the insurance contract will not be terminated, but will continue to take effect, and if the insured has a second or third critical illness, he can also receive compensation again.

However, in practice, insurance companies are more cautious, and not all critical illnesses will be paid twice.

At present, there are two main types of multiple claims:

(1) Multiple claims for cancer and heart disease. The first cancer or heart attack will be paid, and then the second time will be paid.

(2) Multiple claims for critical illness grouping. The first time you get a critical illness benefit, and the second time you get a second payment for another group of critical illnesses.

Compared with the single claim model of traditional critical illness insurance, multi-claim critical illness insurance is obviously more comprehensive, but the premium is also more expensive.

Let's look at a set of data from China, liver cancer, lung cancer and stomach cancer are all high-incidence cancers in China:

Obviously, with the improvement of medical standards, the survival rate of patients has steadily improved, and the probability of obtaining a second claim has increased. It is foreseeable that the survival rate and survival time of critical diseases such as cancer will be further improved in the future, and the probability of secondary compensation will also be higher in the future.

Of course, you also need to combine your premium budget, medical examination report, and risk gap to make a comprehensive analysis.

The asymmetry of insurance information is very serious, and reading the following strategies carefully before buying insurance can make you spend tens of thousands of dollars less: which is better for critical illness insurance, how to buy it cost-effectively, and teach you to avoid these pitfalls of insurance

Regardless of single claim or multiple claims, critical illness insurance ensures that you can buy enough sum insured to cover at least 3-5 years of annual income. Under the premise of satisfying the above, if the budget is sufficient, it is completely possible to configure multiple claims critical illness insurance.

1. What is multiple payouts? Is it necessary?

l Multiple claims, that is, after getting a critical illness and getting a claim, there is no need to continue to pay premiums, but the policy is not terminated.

2. The third critical illness can still be compensated.

It should be emphasized that critical illness is not guaranteed to be recompensable, there are restrictions, please see:Is the critical illness insurance worth paying multiple claims? It turns out that we were all deceived!

l We know that insurance companies are still relatively strict about the health of critical illness insurance, and it will be difficult for people who have suffered from critical illnesses to re-insure insurance. Therefore, the product of multiple claims, to a certain extent, is equivalent to adding a layer of "guaranteed renewal" protection to yourself when you first apply for insurance. If the sum insured is sufficient and the budget is sufficient, it is absolutely necessary to configure multiple claims critical illness insurance.

2. How to choose a critical illness insurance with multiple claims?

1) It is best not to group multiple claims, or to group high-incidence diseases (cancer) independently.

To put it simply, disease grouping means that diseases in the same group can only be paid once, and diseases in other groups can continue to be claimed.

Therefore, whether the grouping is reasonable is the key to judging whether a multi-claim critical illness insurance is good or not. It is best not to group, but there are fewer such products, and the more grouping, the better, so that there are fewer excluded diseases after each payout.

2) The shorter the payout interval for multiple claims, the better.

The payout interval is the shortest time between payouts.

The interval rules vary from product to product, and 180 days or 365 days are common. (If it is a multi-time cancer insurance product, it is generally 3-5 years).

For us, the shorter the interval is, of course, the better, which means that we have a shorter coverage gap.

If you want to know what high-quality multi-claim critical illness insurance is, you can read this article, which has been summarized for you:Top 10 Critical Illness Insurance Points Worth Buying!