What pitfalls do insurance need to be aware of? What pitfalls to avoid in insurance

Avoid these pitfalls of insurance, and you will not be able to buy the wrong insurance.

1. Find professional people to do professional things. Insurance is a comprehensive discipline that needs to understand actuarial, financial, medical and legal science, and only listen to the one-sided words of the people around you, which often leads to the wrong purchase, the loss of purchase, the incomplete purchase, and the inability to settle claims.

2. Don't focus on products and ignore demand. Nowadays, the frequency of Internet insurance innovation is getting faster and faster, and there are more and more products that are converging, and many people are eager to buy the most cost-effective one before buying insurance, but often ignore their own needs.

3. There is a sequence of insurance configurations. As a tool for transferring high risks, insurance is the easiest way to motivate us to buy insurance when we are aware of the existence of risks.

Common ordinary consumers are very easy to step on the pit, and there are 4 very important policy clauses, see if you have been recruited?

1. It is related to the amount of compensation insured.

As we all know, critical illness insurance covers critical illnesses, including mild, moderate and critical illnesses, and these three are generally claimed separately.

Taking a critical illness insurance with an insured amount of 500,000 yuan as an example, if you get a mild illness first, the insurance company will pay 150,000 yuan according to the minor illness; If you unfortunately suffer from a critical illness again, you will pay another 500,000 yuan according to the critical illness.

However, some products make classified claims for mild, moderate and critical illnesses, and the three share the sum insured. If you have a mild illness, the insurance company will pay for the same type of critical illness after the insurance company pays out, and the amount of the benefit will be reduced.

For example, if Xiao Zhang buys a critical illness insurance with an insurance amount of 500,000 yuan, and in the future suffers from carcinoma in situ, the insurance company will pay 150,000 yuan, and then unfortunately he suffers from lung cancer, so he can only pay another 350,000 yuan.

Therefore, everyone should try not to buy such products that share the sum insured.

2. It is related to the type of disease to be paid.

Some insurance products add a lot of unnecessary diseases to the terms of the insurance products, and attract consumers with the gimmick of covering many diseases and comprehensive protection, and then increase the premium.

In fact, all critical illness insurance is the same, and the China Banking and Insurance Regulatory Commission has given a unified definition of the 28 most common critical illnesses, and these 28 most common critical illnesses have actually accounted for 95% of all insurance claims.

3. Associated with the interval of cancer.

Cancer is the most common disease, so many people pay great attention to cancer protection when they buy critical illness insurance.

Considering the high incidence of cancer, the insurance company will set up a critical illness insurance product with multiple claims for cancer in product design. If the policyholder suffers from cancer in the future, the insurance company pays out the policyholder, and after the interval has passed, the policyholder suffers from cancer again, and the policyholder will pay again.

The rate of cancer** is very high, and the interval is not long, and some products are set on the interval, the interval of critical illness insurance is generally 3 years, and some products will be set to 5 years. Therefore, when applying for critical illness insurance, you should pay attention to choosing products with short intervals.

4. It is related to the requirements of secondary compensation for cancer.

Some products have extremely strict requirements for secondary claims for cancer, and some critical illness insurance does not cover all cases.

** or spread of the first diagnosed malignant tumor, and before the ** or spread, the first diagnosed malignant tumor has achieved complete clinical remission, if it continues to be **, the lesion does not disappear completely, even if the 3-year interval is met, the claim will be refused.

Therefore, when you apply for insurance, you must pay attention to the details of the terms! Avoid stepping on pits!

There is an accident insurance that returns multiple times the premium after the year of each year. There are two points to the pit: 1It's hard to get a million-dollar claim. 2.Recovering is not cost-effective.

The reason why it is said that there is a "pit" is, on the one hand, that the insurance contract is indeed thick and seems to have no clue, and on the other hand, there may be misleading sales.

You can't say what pitfalls there are in insurance, it's what you have to pay attention to.

If you don't want to be fooled when you buy insurance, you have to know two things, the first claim is only within the scope of the claim clause, not everything the salesman says, and the second is to know what the cash value of the insurance is, and you must know that the dividend is based on the cash value and not according to the premium.

When it comes to insurance, most people only know one of the functions of insurance - risk avoidance, in addition to avoiding risks, the usefulness of insurance is also reflected in helping everyone to cover the expenses incurred by hospitalization due to illness** and manage wealth.

If you want to know more about the role of various types of insurance, you can read this article directly: What is the difference between critical illness insurance, medical insurance, accident insurance, and life insurance? What is the function.

If you are sick and hospitalized with a serious illness, you will need to spend about two or three hundred thousand or even four or five hundred thousand yuan to see a doctor in a developed city such as the first and second tiers. If you have purchased million medical insurance before this, except for the part reimbursed by social security, the remaining ** fee can be reimbursed with million medical insurance.

It only costs a few hundred dollars a year, and the amount of insurance can be in the millions, which can play a great role in reducing the loss of medical expenses, and it is also suitable as a "life-saving insurance". In addition to the high leverage mentioned above, Million Medical Insurance can also provide practical value-added services for the insured, such as: medical advance, green medical treatment, purchased drugs and so on.

If you don't know how to choose a good medical insurance, you might as well take a look at this information prepared for you by the senior sister: the top ten million medical insurance rankings are newly released!

Most of the medical expenses are solved, but for most people with critical illnesses, it is difficult to continue working during the period, so one of the functions of critical illness insurance is to compensate for the loss of income. If you unfortunately suffer from a serious illness in life, the insured can get a compensation from the insurance company, and this money can allow the whole family to live normally, in addition to the losses we suffer can be compensated, insurance also includes the role of financial management. In this era of consumerism, it is really difficult to control your wallet for fixed deposits, and the mandatory savings function of annuity insurance is a good way to help us save a sum.

In other words, banks have been lowering interest rates in recent years, and deposits may lose money, because annuity insurance has a fixed income, as much as possible to reduce the value of our money due to negative interest rates and inflation. If you want to know about excellent annuity insurance, take a quick look at this information: Want to buy high-yield annuity insurance?

Don't miss out on these 10 again!

Insurance is used to provide coverage, and the idea is not wrong but not comprehensive. Being able to transfer risk to the insurance company is one of the things that can help us reduce our losses and make our work and life more reassuring, without worrying too much about future risks that will push families back into poverty overnight.

By virtue of forced savings, insurance also allows us to actively save a sum of money every year for our children's education or our own pension in the future.

Due to the lack of insurance knowledge and the information asymmetry of the insurance industry, buying insurance is a complicated thing in many people's minds.

What are the pitfalls commonly encountered when buying insurance?

Critical illness insurance is only an add-on. The primary insurance is either whole life or both. Critical illness insurance can be purchased separately.

What are the "pitfalls" to avoid when buying insurance?