Can I buy savings critical illness insurance without life insurance?

Choosing savings critical illness insurance is a good choice, but this does not mean that savings critical illness insurance can replace life insurance, after all, the protection content of the two is still very different, even if savings critical illness insurance and life insurance have death benefits in common, but the role of life insurance cannot be ignored.

Generally, people who buy savings critical illness insurance feel that the coverage includes the death benefit sum assured, and people will definitely come to an end in the end, which means that they will definitely get the sum insured, and the premium will not feel wasted. Let's first take a look at what savings critical illness insurance isHow to buy the most cost-effective savings critical illness insurance?

Indeed, when you reach a certain age, you don't feel that you need protection anymore, and you don't want to spend an extra amount of money, so you choose to receive the cash value of savings critical illness insurance and enjoy a prosperous old age. In this way, the premium of buying savings critical illness insurance will definitely be more expensive than buying pure critical illness insurance, and even more expensive than the premium cost of buying a cost-effective pure critical illness insurance plus term life insurance alone, so it is not worth it. Here are the top 10 cost-effective critical illness insurance for your reference:

"Top 10 Cheap and Good Price Critical Illness Insurance! 》

Life insurance is divided into term life insurance and whole life insurance, and the general family breadwinner will need to buy term life insurance, keep love without leaving debts, and if there is an accidental death or total disability, the insurance company will pay the insured amount to the insured's family. We have prepared a list of the top ten life insurance companies worth buying, which you can refer to:Top 10 Life Insurance Rankings Worth Buying!

Let's take a look at the disease incidence:

As can be seen from the figure, the older the disease, the higher the incidence of disease, we should buy critical illness insurance should be the first place to ensure whether the content of the protection is perfect, if you care about whether the sum insured will be paid after death, ignoring the incidence of disease in the past few decades, it is better to buy a term life insurance.

Of course, it's not for everyone not to buy it. I'm just trying to make it clear that it's not so evil, and it allows us to be protected without spending a penny. It is advisable to put protection first when you have a limited budget, rather than buying this combination of protection and benefit. Hope!

Savings critical illness insurance includes two parts: sickness protection and death liability benefit, and you can get a lump sum compensation for critical illness, and a lump sum payment at the end of the term if you do not die of critical illness. Critical illness benefit and death benefit can only be chosen. That is to say, savings critical illness insurance has the nature of whole life insurance, which is equivalent to a product of "certain compensation".

If you don't know what savings critical illness insurance is, you can also take a look at this article:What is a savings type? Which is the best deal?

The reason why savings critical illness insurance can achieve premium refundThe premium is much higher than that of pure consumer critical illness insurance, and the agreed period can not be interrupted every year, which requires the insured to have a stable ability to pay.

Because it is a combination of whole life critical illness and whole life insurance, whether you suffer from illness and get a claim or leave a sum of insurance money to your family at the end of your life, one day the premium we spend will bring us back an insurance money, which will make many friends feel that the money has not been spent in vain.

However, in fact, the protection of endowment critical illness insurance cannot fully cover the coverage of life insurance.

From critical illness to death is an instantaneous process. Most deaths due to critical illness are actually a long and painful process. In this process, there are actually two payout conditions that are met:

Critical illness can be paid in a single or multiple payments, and death benefits can be paid once

However, most of the critical illness insurance with death liability in the market now has lapsed after the critical illness liability has been paid. You can refer to this comparison table of critical illness insurance:A comparison table of 136 popular critical illness insurances in China

In addition, the critical illness liability and death liability in the savings-type critical illness insurance share the same sum insuredOnce you suffer from a critical illness, you will not be paid for death。So there is a difference between death liability and term life insurance liability hereIf we want to get a real life insurance protection, we can choose term life insurance, after all, the premium we need to pay is not much, and it can play a role in protection

If you want to give yourself complete protection,Savings-based critical illness insurance alone is not enough。On the premise of sufficient budget, a perfect insurance configuration should include critical illness insurance, medical insurance, life insurance, and accident insurance!

Many people feel that even if they buy lifelong critical illness insurance, if they do not meet the claim conditions or have not made a claim, then the critical illness insurance they bought will be in vain. In order to cater to the market, savings critical illness insurance came into being, and its product form is: whole life critical illness insurance + death, two compensation and one compensation.

It is the existence of death liability that makes many friends think that critical illness insurance with death is equal to critical illness insurance + life insurance.

1.Critical illness insurance with death liability is not the same as life insurance

Critical illness insurance is based on the death liability and critical illness that share the sum insured. The death liability claim requirement of critical illness insurance is based on the premise that no critical illness or minor illness claim has occurred during the contract period, and once the critical illness insurance benefit is paid for the critical illness after the diagnosis of critical illness, the death liability will become invalid.

2.Why buy life insurance

Critical illness insurance with death liability may seem to cover life insurance, but in fact the coverage is not that broad.

Because critical illness insurance with death is a critical illness and death insurance that can only pay one of them. If the contract is terminated after the critical illness claim has been settledLiability for death is also terminated

Therefore, the best allocation plan is: savings critical illness insurance + life insurance. In this way, both the death benefit and the critical illness benefit are available at the same time, and in the unfortunate event of death, you can also get the death benefit under two policies. Hope!

Savings Critical Illness Insurance: Critical illness insurance with lifetime guarantee and death benefit sum assured.

Its advantages are:

1.For the product of "Death Benefit Sum Insured", the final sum insured is your own, and the money spent will not be wasted.

2.The death benefit can give the last companionship and care to the person you care about (your future lover), so that you don't have nothing to rely on.

To put it simply, critical illness insurance is accompanied by death, and the critical illness benefit and death benefit are shared with the sum insured. For example, if you buy a critical illness insurance, the critical illness sum insured is 500,000 yuan, and the death benefit amount is also 500,000 yuan, but it does not pay you 1 million. However, if you pay 500,000 for critical illness, your remaining 500,000 death benefit will be invalid, that is, there is actually only one sum insured.

Secondly, we must clarify the various economic losses brought to the family by life insurance for the sake of the family pillar, so the insured amount of life insurance should cover loans, such as housing loans and car loans, as well as parental support and child support. It can be seen that the role of life insurance is very important, what does an excellent life insurance in China look like? Take you to see the style:

"Super Complete! Comparison Table of Popular Life Insurance in China

In addition, it should be noted that the death insurance amount of critical illness insurance is not as high as life insurance, and there are fewer problems that can be solved, while term life insurance can spend thousands of yuan to leverage the sum insured of millions, and there are still many problems that can be solved, so it is recommended that you configure savings critical illness insurance and also configure a term life insurance, although the protection responsibility of life insurance is simple, but you should also be careful when choosing term life insurance to avoid you falling into the pit, I have compiled a life insurance list:Top 10 Life Insurance Rankings Worth Buying! 》Hope!

In general, a savings-based critical illness is actually a package of insurance, for example, life insurance is the main insurance and the critical illness is attached. Some critical illnesses include death liability, which stipulates that as long as you are over 18 years old and the waiting period has passed, the insurance benefits can be paid as long as you die, so there is no difference from life insurance.

However, it should be noted that the sum insured for critical illness is usually relatively expensive, and most of them spend a few thousand yuan a year to achieve less than 300,000 yuan, so you need to pay attention to how much your critical illness insurance sum insured, if it is too low, it will not only not fully replace the life insurance function, but also affect the role of critical illness.

Consumer-based life insurance is very cheap, and you can enjoy hundreds of thousands of insured amounts for a few hundred yuan, and the leverage is large, which is difficult to take into account for general critical illnesses.

Personally, I suggest that you must supplement a consumer medical insurance or hospitalization medical insurance, which can be reimbursed as long as the medical consumption caused by hospitalization is caused, but you must see the scope of protection, and some insurance types are not responsible for reimbursement for imported drugs, self-financed drugs, chemotherapy for serious diseases, and radiotherapy. When purchasing, a good consumer insurance usually covers 1 million to 3 million a year, but the price of a year is not expensive, only a few hundred yuan.

It's not enough to just buy critical illness insurance. From the perspective of protection, adults need to be equipped with four major types of insurance: critical illness insurance, medical insurance, accident insurance, and term life insurance.

Friends who don't know the four major types of insurance can take a look at this article: How to configure the four types of insurance? Keep these points in mind and easily buy the most practical and cost-effective insurance!

OK! However, it is not recommended to buy only critical illness insurance!

Critical illness insurance is when you suffer from a disease specified in the critical illness insurance contract or reach the specified level, the insurance company will pay you a sum insured. The money is at your disposal. There is a difference between critical illness insurance and the other three major types of insurance, and friends who are not sure can take a look at this article:

What is the difference between critical illness insurance, medical insurance, accident insurance, and life insurance? Will there be a conflict when making a claim?

1. Accident insurance

As the name suggests, accident insurance is to protect against unexpected risks, and the main insurance liabilities include accidental medical treatment, accidental dismemberment, and accidental death. Accident insurance is very cheap, ranging from tens of yuan to hundreds of yuan per year, and you can get comprehensive protection. Accident insurance, which can be said to be a kind of short-term insurance, is generally bought for a shorter term, because its products with a longer term will be more expensive, and there are more such products updated, so it is better to buy short-term ones.

2. Medical insurance

Medical insurance, on the other hand, is mainly for medical insurance, because there are many aspects of our medical insurance that cannot protect us, and generally only 50% 70% of the reimbursement is made. Medical insurance, on the other hand, covers the cost of medications, medical equipment, and major surgeries, all of which can be reimbursed.

Medical insurance is mainly divided into million medical insurance and small medical insurance, and million medical insurance generally has a deductible of 10,000, but its reimbursement amount is very high. The deductible of small medical insurance is low or even zero, but its reimbursement amount is not as high as that of million-dollar medical insurance. Medical insurance, on the other hand, is much cheaper than other types of insurance and is suitable for all groups of people.

For us, medical insurance can be said to be quite cost-effective insuranceAnd do you feel overwhelmed by the myriad of medical insurances? The following article may be able to help you Top 10 Million Medical Insurance Rankings are newly released!

3. Life insurance

The protection of life insurance is relatively simple and straightforward, and after buying life insurance, when you reach death or total disability, the insurance company will give you a sum of money. Because the probability of death or total disability is relatively small, life insurance is naturally cheaper than critical illness insurance.

Life insurance is aimed at the breadwinner of a family, and it can be used to solve the debt problem left to the family after the death or total disability of the breadwinner. Therefore, life insurance is also essential for the breadwinner of the family

Yes, yes. Critical illness insurance without life insurance, that is, critical illness insurance without death liability, can be called consumer-based critical illness insurance, pure protection insurance.

If the insured is diagnosed with a disease during the insurance period, the insurance benefit will be paid according to the agreed proportion, and if the insured dies during the insurance period, either no compensation will be paid, or only the insured amount will be paid. If the insured is safe and secure during the insurance period, the insurance will not be able to get the premium back when the insurance expires.

How to arrange it, listen to what insurance experts who have been in the industry for decades have to sayWhich is better, Million Medical Insurance or Critical Illness Insurance? How to buy it? 》

The advantage of this type of product is that it is cheap, cost-effective, 500,000 critical illness insurance, lifelong protection, and the premium is paid for 30 years, and adults can get six or seven thousand yuan insured. However, some people may feel that consumer-based critical illness insurance will not pay for death, and if it has not been claimed, it will not return the money, which will be a loss.

Discrimination, consumption-based critical illness insurance is a type of critical illness insurance (that is, critical illness insurance without life insurance liability), so bringing death liability will increase a lot of premiums, we buy critical illness insurance The primary purpose of buying critical illness insurance is to protect illness, not death, and the premium issued on death liability is better used to increase the sum insured or apply for another term life insurance, which not only improves critical illness protection, but also has value protection.

If you don't know what critical illness insurance product to choose, you can choose to consult Mint Insurance, which intelligently matches sales consultants according to user needs, and the platform follows up and supervises the whole process to ensure quality standardization; The platform butler provides one-to-one full service before and after insurance, and responds to your needs in a timely manner; Online or face-to-face consultation can be selected at will, and online or offline products can be matched arbitrarily, which is not restricted and more neutral.

Critical illness insurance can only provide us with critical illness protection, which is far from sufficient. Daddy is here to share with you a strategy for buying insurance, you can take a look at this article. "With a budget of 10,000 yuan, how to buy insurance cost-effectively? 》

Hello I am Chinese Life (Chongqing), if you only buy critical illness insurance is okay, as a professional insurance ** person, I suggest you with a medical protection insurance. One of the most common questions I've found for many customers is that they buy insurance and don't know what to insure. When the insurance company refuses to pay, this is actually a lot of our work is more and more difficult to do, which also makes many people have a bad side of the insurance company, so I suggest that you must figure out what the insurance you buy is covered when communicating with the insurance person, what is not insured, this is really important, and the first thing to do is to notify the insurer or call the insurance service.