How about Worry Free 2020 Critical Illness Insurance Protection? Are there pits?

Worry-free companionship 2020It is a new single-claim critical illness insurance launched by PICC Life Insurance. Worry-free companion 2020 can be protected up to 80 years old, and you can add both insurances, but ** is also about 50% more expensive than similar products, and the cost performance is not high.

The main contents are as follows:

Let's take a brief look at what it covers.

The main feature of this product is the additional endowment insurance, which has the following protection responsibilities.

Maturity Premium:You can choose to stay up to age 60, 70 or 80 and get 100% of the premium paid back at maturity.

Death Benefit:In the event of the death of the insured, 160% of the additional contract premium paid will be refunded.

If you add both insurance, a 30-year-old woman is 2920 yuan more expensive, that is, about 23% of the premium, although the premium can be returned when due, but there is no free lunch in the world.

The essence of both insurance is that we pay a lot more premiums, and then the insurance company uses them for financial management, and after a few decades, they return some of them to us, and the return is not high. If you are unfortunate enough to suffer from a critical illness, the extra premiums you have to pay for the return of your premiums will be wasted.

Thinking about it from another angle, if we use the premium of the supplementary insurance to make a high sum insured, or allocate life insurance, medical insurance, accident insurance, or use it for investment, it will make a lot more sense to spend money.

Mild disease is a disease that is milder than major disease and moderate disease, and there is no unified regulation in the industry at present, so it is necessary to focus on mild disease with high incidence.

It can be seen that the 11 mild diseases with high incidence are all covered. The disadvantage is that it only pays 20% for mild diseases, and it only pays once, so there is not much advantage in terms of compensation.

Shenlanjun has selected several market-selling return-type critical illness insurance and two non-returnable critical illness insurance to make a comparison:

Let's go straight to the conclusion:

It can be seen that compared with other return-based critical illness insurance, the minor illness compensation in 2020 is only once, and the proportion is only 20%; In addition, only the premiums paid will be refunded upon death, and there is no advantage in protection. Overall, not great value for money.

If you pursue a return:ICBC AXA Royal Cube No. 5 performed well, not only paid for critical illness and mild illness many times, but also returned 400,000 yuan of insurance at the earliest age of 66, which is equivalent to getting the claim payment in advance.

If you are looking for value for money:Consumer critical illness insurance such as Comvibo Ultimate and Super Mario 2 MAX not only provides better protection than returnable products, but also allows you to spend the least amount of money to buy a higher sum insured when you have a small budget, which is very cost-effective.

The insurance products are all reviewed and approved by the China Banking and Insurance Regulatory Commission, and there are no pitfalls.

The so-called pit is that you buy insurance, and you think you can insure, but you may not be insured. If you buy protection insurance, at least 6 responsibilities for claims must be bought, and there will be no situation where you can't settle claims.

Insurance is generally divided into protection insurance and wealth management insurance. Buying insurance should be based on your own conditions and needs.

How to buy a reliable insurance scientifically, master three principles:

First, buy the right needs (that is, what worries you want to solve with insurance).

1.The need to protect people's lives and physical health.

2.Accumulation of funds for children's education.

3.Reserve pension.

4.Wealth preservation and inheritance.

The first one is the guarantor's (protection insurance), and the next 2, 3, and 4 are money insurance (wealth management insurance). "Stay in the green mountains and don't be afraid of no firewood", so it is recommended to improve 1 first, and then consider the 2, 3, and 4 later.

Second, buy full protection (protection insurance).

There are six claims responsibilities involved behind the insurance, and only when the risk is fully covered can the situation of failure to pay for the insurance be avoided.

1.Personal Risk.

2.Unexpected Risks.

3.Disability Risk.

4.Risk of serious illness.

5.Inpatient medical expenses.

6.Accidental medical expenses.

To buy insurance is to buy 6 responsibilities, and if you buy all 6 responsibilities, you will not be unable to settle claims.

3. Buy enough insurance

It is simple to use the double ten principle, which is to use 10% of your annual income to buy ten times the sum insured of your annual income. For example, if you have an annual income of 500,000 yuan, you should take 50,000 yuan out and buy 5 million insurance amount.

Worry-free Life 2020 is a critical illness insurance launched by Hengqin Life Insurance, which has just been removed from the regular version a few days ago, and currently only has a lifetime version.

1.High additional sum assured for critical illness

Worry-free Life 2020 will pay an additional 50%-60% of the sum insured for people who are insured before the age of 60;

150% of the sum insured for critical illness before the age of 50;

160% of the sum insured for critical illness before the age of 50-60;

Similarly, there are these products with additional coverage for critical illness before the age of 60, you can compare them.

2.High basic sum assured for mild to moderate cases

In 2020, 60% will be paid for the first time for moderate illness and 45% for mild illness, and the basic sum insured is very high.

However, it is worth mentioning that the compensation for mild and moderate illness is still incremental, with the maximum compensation for moderate illness being 65% and the maximum compensation for mild illness being 55%, which is the ceiling of the current insurance coverage for minor illness and moderate illness.

3.Children's Special Illness Benefit (product comes with it).

18 types of children's specific critical illnesses will be paid an additional 100% of the sum insured, and if the diagnosed critical illness meets both the critical illness list and the special illness list, the maximum amount insured can be paid.

There are 18 specific types of children's special diseases.

4.Cancer secondary benefit (optional).

The first diagnosed critical illness is cancer, and the second claim for cancer needs to be separated by 3 years, and 120% of the sum insured will be paid, and the cancer status includes new, **, metastatic and continuous.

For the first diagnosis of a critical illness that is not cancer, the interval between the second claim for cancer is 1 year, and 120% of the sum insured will be paid.

5.Cardiovascular and cerebrovascular disease secondary reimbursement (optional).

If the first diagnosed critical illness is a cardiovascular or cerebrovascular disease, then the second claim needs to be separated by 3 years, and 100% of the sum insured will be paid;

If the first diagnosed critical illness is not a cardiovascular or cerebrovascular disease, then the second claim needs to be separated by 1 year, and the claim will be 100% covered.

The specific types of cardiovascular and cerebrovascular diseases are as follows:

12 cardiovascular and cerebrovascular specific diseases.

From the perspective of the content of the guarantee, the worry-free life 2020 is quite comprehensive.

In order to better evaluate the worry-free life 2020, Daddy compared it with the popular lifelong critical illness insurance.

Judging from the comparison**, the most prominent advantage of Worry-Free Life 2020 is the compensation ratio of mild to moderate diseases, and the performance is not bad.

However, there is still a little gap between the protection of critical illness and Hengqin Preferential Treasure.

Daddy can only say that each product has its own advantages, and we only need to understand whether the product meets our own protection needs before taking out insurance.

The above content is all for daddy, if you have any other questions, please pay attention to [Daddy Bao], private message dad to answer your questions!

Hengqin Life? 113 types of critical illnesses will be paid in one lump sum, with an additional 50% for illnesses aged 1-49 and an additional 60% for illnesses aged 50-59.

50 minor illnesses will be paid 3 times, each time in increments, 45%, 50% and 55% of the basic sum assured.

25 kinds of moderate illness compensation 2 times, 60%, 65% of the basic sum assured, mild to moderate illness waiver, 90 days waiting period, there is a green pass service for medical treatment

Let's start with the conclusion:

If you want to buy it, of course you can buy it! And worry-free life 2020 is better for women. If it is for men, then in addition to this product, you can also consider the Super Mario 2020 Max, the premium is more cost-effective.

If you want to know whether a product is worth buying, in addition to starting from your own budget and needs, you should also understand how the market performance of this product is, after all, there are various forms of protection for critical illness insurance products, and you really don't know how to choose.

Under the horizontal comparison, it can be seen that the cost performance of Hengqin Worry-free Life 2020 is still good, especially suitable for women: 500,000 insurance amount, 30 years of payment, whether it is guaranteed to the age of 70 or guaranteed for life, the female premium is the lowest.

Moreover, before the age of 60, an additional 50% -60% of the sum insured can be paid, and the compensation ratio for mild and moderate diseases is very high;

If you are a man, you can consider Guofu Jiahebao, and the premium is also very reasonable in the case of lifelong protection.

Of course, in addition to these two products, Super Mario 2020 Max, and Discount Treasure are all good products that can be considered.

There are 4 optional protection responsibilities in Hengqin Worry-free Life 2020, how should you choose?

Let's take a look at the ** comparison after attaching different protection responsibilities:

It is important to note that only insured persons aged 0-17 can be covered with special illness benefits.

Let's go straight to the conclusion:

Cancer 2 Benefits:The premium for men is about 13% more expensive, which is relatively reasonable; But women's ** is more expensive by about 22%, ** more expensive;

Cardiovascular 2 times:It is only about 300 yuan more expensive to buy at the age of 30, and cardiovascular and cerebrovascular diseases are relatively easy, especially for obese people; If you want to strengthen cardiovascular and cerebrovascular protection, you can also consider attaching this responsibility;

Children's Special Diseases:If you suffer from a special illness in children, you can directly pay 200% of the sum insured; And after the 0-year-old boy added this responsibility, it was only more than 200 yuan more expensive. If you want to strengthen your childhood protection, you can consider add-ons.

Overall,Hengqin Life's worry-free life 2020 is very cost-effective. Under the premise of not choosing additional liability, a 30-year-old man buys 500,000 insurance amounts, guarantees until the age of 70, pays it for 30 years, and the annual premium is more than 3,200, and the annual premium is more than 2,700 for women. If you have a larger budget, you can choose to keep it for life, and the cost performance is still very high.

If you want to choose a critical illness insurance with comprehensive coverage and a high percentage of payouts, this is a great choice.

Content from: Deep Blue Bao official website

Ruitai Hornet Time Machine and Fosun Mommy Baobei can both be considered.

The safety of Ruitai Hornet Time Machine is relatively comprehensive, and the compensation ratio for medium and minor illnesses is also higher, and the premium is the lowest.

Fosun Mommy Baobei has more comprehensive protection. 108 major illnesses can be compensated multiple times. In addition, the protection against moderate and minor diseases is also good. Coverage for high-risk diseases in children is relatively complete and insurance premiums are relatively low. It can be said that it is good value for money.

Daddy believes that only critical illness insurance products that are suitable for him are the most cost-effective. But since you have asked, Daddy still took the trouble to sort out an article on critical illness insurance products for you. If you are interested, you can click to find out.

136 popular critical illness insurance products in China! 》

By the way, Daddy would like to introduce an Internet celebrity-level critical illness insurance here!

Super Mario 3 Max.

As is customary, let's start with the picture:

1.Enrollment Rules

1) Issue age: 0-55 years old.

2) Duration of coverage: Lifetime.

3) Maximum payment period: 30 years.

4) Waiting period: 90 days.

2.Coverage

(1) Critical illness benefit

Cindat Super Mario 3 MAX covers 110 critical illnesses, and it is agreed that if the insured suffers from a critical illness before the age of 60, he or she will receive a maximum of 180% of the basic sum assured.

(2) Moderate to mild illness benefit

Xintai Super Mario No. 3 MAX Moderate and Mild Illness is not grouped for many times, of which the moderate illness is not grouped twice, the compensation ratio is 60%, and you can get 15% additional compensation before the age of 60;

For mild cases, 3 claims will be paid 3 times, and the compensation ratio is 45%, and an additional 10% can be paid before the age of 60.

(3) Premiums

According to the premium calculation, a 30-year-old man applies for an insured amount of 500,000 yuan, pays for 30 years, and does not attach death benefit, and the annual premium is 5,855 yuan.

Daddy concluded:

On the whole, Xintai Super Mario 3 MAX has comprehensive protection, and the rate is not very high, which is a relatively cost-effective product, if you want to get lifelong protection, Xintai Super Mario 3 MAX is still worth considering.