The concept of buying insurance for parents, what insurance to buy for parents is the most important

Alipay has also been updating its products, and I may not be the same as you see when I am you. I'm talking about products here that look like advertisements. So I can share some insurance ideas with you as much as I can.

Insurance is not like food, if it is delicious, it can be passed on by word of mouth. Each family's economic basis (the more comprehensive the protection, the more expensive, on the contrary), health conditions (non-healthy individuals may be denied insurance, and some insurance types cannot be purchased) are different, and there is no standard product to recommend. Which Alipay product is suitable requires you to sort out your own needs and read the terms in detail before you can decide.

No one else is responsible for your parents except you, so it is recommended that you do not entrust such important matters to strangers who know about it.

Assuming that your parents are under the age of 60, I can only share with you a universal insurance allocation concept.

1. Configure health insurance, including medical insurance that provides invoice reimbursement and critical illness insurance that is paid once diagnosed (including protection products that do not have the word critical illness on the product name, but are provided separately for a certain high-incidence critical illness, such as cancer prevention insurance).

2. Configure pension. If you are financially unable to be independent in old age and need financial support from your children based on your parents' economic conditions, in order to ensure that your parents have a quality of old age, it is recommended that you buy annuity products through compulsory savings (if you are a financial adult who has great confidence in your investment ability, you can skip this article.) But it is important to note that one of the strong needs of parents in old age is high liquidity of funds, remember.

3. Allocate asset inheritance products. If and only if your parents are very wealthy, they love you very much, and their future assets and family business will be passed on to you. Premiums for such products are generally expensive.

If you have any other questions, you can send me a private message or ask them directly here.

I've heard that someone wants to consult about the idea of buying insurance for their parents. The senior sister told everyone that if you want to buy insurance for your parents, you need to follow the principle of starting from the actual situation. Because there are so many types of insurance, the functions are also different.

If you buy inappropriate insurance, it often outweighs the benefits. Therefore, when we choose insurance for our parents, we need to combine the actual situation, make rational judgments, and avoid blind insurance.

Generally speaking, when we buy insurance for our parents, we need to pay attention to two things: one is the insurance budget, but the insurance configuration.

First of all, we need to determine the appropriate insurance budget according to our own economic situation, because it is not advisable to cause excessive financial pressure on ourselves and our families because of insurance! In general, it is reasonable for a family's total premium expenditure not to exceed 20% of the family's annual income. Since the amount of annual premium is affected by many factors such as insurance allocation, insurance coverage, payment period, and protection content, you should remember to contact your actual economic situation when choosing insurance!

How much insurance is appropriate? Let's talk about the doorway inside.

In addition, we also need to pay attention to the insurance configuration of parents. Critical illness insurance, cancer insurance, million medical insurance, cancer medical insurance, accident insurance and other protection insurance are generally more suitable for parents to be prioritized.

Critical illness insurance and medical insurance can help transfer the financial risk caused by the disease, if the parents are unable to apply for the desired critical illness insurance and medical insurance due to age or physical health, we can also apply for cancer insurance and cancer medical insurance instead!

Accident insurance transfers financial risk as a result of an accidental injury to an insured person. Moreover, since the accident itself is uncertain, the sooner the accident insurance is configured, the better!

Ten insurance points that are super suitable for the elderly to buy!

The parental insurance configuration analyzed by the above senior sister is only a general situation. When you apply for insurance, you still need to make adjustments according to your parents' protection needs and your insurance budget!

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

Hello, there is no good or bad insurance, there is only the difference between what is right for you and what is not for you.

You need to choose the right type of insurance according to your needs and ability to pay.

First of all, accidents and critical illnesses, if the parents are old, or for health reasons, then you can only buy accident insurance.

Due to the limitations of age and health problems, parents have fewer types of insurance to choose to buy. Parents who are getting older will also have an increased chance of developing diseases, so it is important to have insurance!

Generally, parents will buy accident insurance, cancer insurance and cancer medical insurance.

1. Cancer prevention medical insurance.

When the parents are older, there will be a lot of high-incidence diseases to find the door, such as the more common cerebral stroke, three high diseases will be high at this age, and the cost of ** is also high, for many ordinary families, the financial pressure will be greatly increased.

If you have medical insurance, you don't have to worry about running out of money to see a doctor. Million medical insurance can reimburse a wide range of medical expenses, whether the consumer is to the outpatient department or hospitalization, etc., ** the cost of the deductible of 10,000 yuan, the general reimbursement ratio can reach 100%. You only need to insure a few hundred yuan a year, but the amount of insurance can be millions.

If the health of the elderly is abnormal, they cannot pass the health notification of the million medical insurance, and they can choose the cancer prevention medical insurance that does not have such high health notification requirements.

In the form of payment, cancer medical insurance is a reimbursement type, that is to say, how much medical expenses are spent, this type of insurance is also highly leveraged, specifically used to compensate for the cost of hospitalization ** or special outpatient ** caused by cancer. If you want to know more about cancer prevention medical insurance, you can come to learn moreWhat is cancer medical insurance and is it necessary to buy it?

2. Benefit-based cancer insurance.

The elderly basically can't buy suitable critical illness insurance, after all, the insurance threshold for critical illness insurance is relatively high, and the physical function of parents will decline when they are old, and they may not be able to pass. And if you choose to apply for critical illness insurance, there will also be a phenomenon of inverted premiums. At this time, you may wish to choose the benefit type of cancer insurance.

Cancer insurance replaces critical illness insurance, the purpose is to target cancer, cancer protection content will generally include malignant tumors, carcinoma in situ, etc., once the insured suffers from cancer within the scope of protection, the insurance company will pay the corresponding insurance money in a lump sum. Compared with critical illness insurance, cancer insurance does not have a big age limit for purchase, you can apply for insurance before the age of 75, and the health notification is relatively easy, even if you have a small problem such as the three highs, you can still be insured.

Cancer insurance is very cost-effective, and you only need to invest one or two thousand premiums per year, and you can get up to 100,000 yuan of insurance. For a more comprehensive analysis and interpretation of cancer insurance, interested friends may wish to take a look at this article:What is Cancer Insurance?

What you need to know about cancer insurance! 》

3. Accident insurance.

Usually when parents reach a certain age, it is inevitable that their legs and feet will be weak, and they may encounter some small accidents, abrasions and bruises, and accident insurance will be very useful 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 amount of insurance, the better. Don't know what are the best accident insurances?

Take a look here:"In 2021, the most popular accident insurance worth buying 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.

The first three types of insurance allow parents to enjoy personal protection in terms of illness, medical treatment, accidents, etc., and transfer the economic risks brought by the corresponding situation. Pension insurance can enable parents to achieve the purpose of pension financial management and improve the quality of life of parents.

When we buy insurance for our parents, we must first understand these details: what is the insurance for the elderly, what insurance is good for parents, which you all need to know.