Waiver of premium: If the policyholder suffers from left cancer, can the premium be waived?

The waiver we usually talk about is actually the meaning of premium waiver, which is a very consumer-friendly design and can reduce the burden on families. For those who want to know more about the exemption knowledge, you may wish to take a look at this article:What is Premium Waiver and What Are the Benefits?

Do I have to choose insurance when buying it? 》

This depends on whether you have attached an exemption to the policyholder at that time, if you are not sure, you can ask your own **person or see if there is any information such as exemption written on your policy. It is possible to waive both the Insured Waiver and the Policyholder Waiver. Before that, let's first understand what the exemption is for, and under what circumstances it is better to attach it, and see the specific content below.

Premium waiver means that during the payment period specified in the insurance contract, the policyholder or the insured has an insured event under the contract, such as death, mild illness, critical illness, etc., and then can no longer pay the remaining premiums, but still enjoy the original protection.

Premium waiver is divided into two types: insured waiver and policyholder waiver according to different exemption objects

Most Insured Waivers come with their own, and Insured Waivers are mostly add-ons. There are several situations in which it is advisable to attach an additional policyholder exemption, such as an adult insuring a child or a husband and wife insuring each other.

If the additional policyholder is exempted, the policyholder, like the insured, needs to pass the health notice, and the additional policyholder waiver premium is still relatively low, and generally does not support underwriting, so the health notice is more stringent. For more information on how to deal with health advice, you can refer to this detailed guide:What are the tips for health notification when applying for insurance?

Premium waiver is an important knowledge point that needs to be mastered before buying insurance, and there are some important insurance knowledge points I wrote in this article, you must eliminate illiteracy before buying insurance:"Before buying insurance, you must first figure out these key knowledge points! 》Hope!

There are two exemption functions, one is the critical illness premium waiver, which means that after the policyholder has the critical illness stipulated by the insurance company, he can be exempted from paying the insurance premiums for each subsequent period, and the protection is still effective; The other is premium-waiver term life insurance, which means that after the death or severe disability of the policyholder, the premium can be waived and the protection will continue to be effective. The premium period for the additional waiver is the same as the premium period for the main plan.

Premiums for mild cancer are not waived.

The reasons are as follows: the insurance liability of "insurance premium waiver" in China Life Cancer Prevention Insurance says that the insurance premium is waived only for the cancer referred to in this contract, and the contract benefit clause of the insurance says that mild cancers such as carcinoma in situ and ** cancer do not belong to the cancers referred to in this contract, so the premium for mild cancer is not exempted.

If you have any other insurance questions, come to Snail Insurance and ask me