Questions about insurance for the elderly, understand it, come in, help parents ask, rural areas

If you want to do commercial insurance, it is recommended as soon as possible. Because the older you are, first, **high, the older you are, the higher your **. Second, there is a high probability that the physical examination will not pass.

It is recommended to do a 10-year pension insurance, which must be attached to a critical illness. If there is a major illness, you can give money in advance for **, and it does not matter whether you share dividends or not.

The insurances suitable for the elderly mainly include benefit-type cancer insurance, million-dollar medical insurance and accident insurance. Before buying insurance for the elderly, let's take a look at this guide: what are the [elderly insurance] and what insurance is good for your parents, you need to know.

Benefit-based cancer insurance has a wider age range and relatively loose health notices, and the premiums are generally cheaper than major illness insurance, and at least can protect against cancer. Therefore, if it is difficult to buy suitable critical illness insurance due to age or underlying diseases, you can consider taking out benefit-based cancer insurance instead, such as Techua Angu Xiao Qinbao and Sunshine Life Cancer Insurance for the Middle-aged and Elderly. How to buy cancer insurance?

To buy millions of medical insurance for the elderly, you can consider Zhong'an Exclusive e-Life 2022 Edition, which provides a variety of optional refueling packages, or Ping An Health Changxiang'an (Personal Edition), Pacific e-Care-Medical Carefree (Personal Edition), which are guaranteed to be renewed for 20 years, and these products have a relatively high upper age limit and are very friendly to the elderly.

The bones of the elderly are relatively fragile, and it is easy to fracture if they accidentally fall, and it is difficult to have accidents such as cat scratches and dog bites in daily life, so it is also necessary to configure an accident insurance. Ping An Goodwill Elderly Accident Insurance 2023 Edition and Ping An Great Guardian Elderly Accident Insurance, these products provide accidental medical treatment and accidental fracture insurance, and the premium can be as low as 2 to 300 yuan per year.

Finally, let's take stock of the insurance products suitable for the elderly, friends in need can collect: ten insurance points that are super suitable for the elderly to buy.

The elderly are a vulnerable group in society and are more likely to suffer from diseases than other groups. In the case that the social medical security system of OAK & BALANCES is not perfect, it is necessary to seek more comprehensive health protection through commercial medical insurance. Therefore, the first thing that the elderly need to consider when considering buying insurance should be medical insurance.

In addition, the probability of accidental injuries in the elderly population is higher than that of other age groups, especially in traffic accidents, accidental falls, fires and other accidents that cause more serious injuries to the elderly. Therefore, accident insurance should also be an important option for the elderly to purchase insurance. Taikang Life Insurance launched "Healthy Life Insurance" is an accident insurance specially developed for the elderly.

So for life insurance, do the elderly need to buy it? In fact, life insurance includes death insurance, survival insurance, and life and death insurance, and does not include health insurance. The vast majority of the elderly have retired and generally do not need to take care of their children, parents, or mortgages, so they do not need death insurance.

As for survival insurance, it should be bought when you are young and enjoyed when you are old. However, if China begins to levy inheritance tax, life insurance should be a better tax avoidance tool.

It is worth mentioning that among the elderly over 60 years old, a considerable number of the elderly are insurance-conscious and willing to actively participate in insurance. However, there are only a handful of insurance types in the Shanghai market that can be purchased by seniors over the age of 60. As a risk management unit, the older the insurance company means, the higher the insurance rate and the greater the risk, and it is very difficult for the insurance company to control the risk.

China's commercial insurance companies have a short history of development, and there is still a lack of experience and data collection, which is reflected in the actuarial necessity to be more cautious, which is also an important reason for the lack of elderly insurance products. It is believed that this situation will gradually improve.

It is a wise choice to allocate insurance to the elderly, because the elderly belong to a vulnerable group and need insurance to protect them.

Many people don't know what insurance to buy for their parents, mainly because they don't know enough about insurance. I recommend you to take a look at this guide from my fatherHow to buy insurance for middle-aged and elderly people? What kind of insurance can I buy for my parents?

You can understand it at a glance

1. How to buy old-age insurance is cost-effective

Many children, out of filial piety, will choose to allocate insurance to their parents. But I don't know much about insurance, and I don't know what insurance is suitable for the elderly on the market. If the financial ability allows, the father recommends that everyone configure accident insurance, million medical insurance and cancer prevention insurance or cancer prevention medical insurance for their parents.

2. What are the precautions for the elderly to buy insurance?

1.Configure life insurance on demand.

Life insurance is mainly a type of insurance that protects the family from falling into a quagmire after the death of the insured.

However, the elderly generally do not bear the main responsibility of the family, and the allocation of life insurance for the elderly cannot really play the role of life insurance.

2.There is no need for critical illness insurance.

Critical illness insurance has strict health requirements, and it is often difficult for the elderly to pass health notification.

Moreover, critical illness insurance also has strict age restrictions, and there are relatively few critical illness insurance suitable for people over 60 years old. In addition, the older you are, the more expensive the premium, and if it is underwritten at a higher cost, the premium will be higher.

3.Identify the needs and prescribe the right medicine.

You must know that there are not many types of insurance that the elderly can insure, so it is more important to pay attention to insurance on demand for the elderly.

Before insuring the elderly, it is important to clarify their needs first, and then choose an insurance product that can meet their needs, so that it is a wise choice.

3. Daddy's summary

In general, since most children now need to go out to work, so they can stay at home with their parents and do not spend much time, and it may be a good choice to configure insurance for the elderly, and it is also a manifestation of filial piety.

If the parents are under the age of 55 and are the main breadwinners of the family, they can purchase consumer-based critical illness insurance for the elderly. However, it should be noted that the general amount is not too high, generally between 100,000-200,000.

Before the age of 60, there is still medical insurance to choose from, taking the millions of medical care on the market as an example: no limit to the type of disease, after the deductible of 10,000, you can reimburse high medical expenses, and there is no limit to social security drugs. (Limit 1 million 3 million). However, it should be noted that health advice is more harsh.

It is important to carefully review the insurance terms, especially some important terms, for example, it is very important whether a policy is renewed, because if the insurance product cannot be renewed, if the policyholder has an insurance liability accident during the insurance period, the insurance company can refuse to continue to underwrite the policyholder after payout. As the age increases, once the policyholder is sick, even if it is the first, the possibility of re-illness is also very large, obviously, if the policy renewal clause, the risk of the policyholder can be effectively resolved, in addition, the insurance liability and exclusion clauses are also very important.

Pay attention to the hesitation period of the productNowadays, many insurance companies usually have a hesitation period of 10 natural days for policies with a term of more than one year, and if you have any questions during the hesitation period, you can consult the insurance company and choose to continue to hold the policy or surrender the policy in full unconditionally. Buying insurance for the elderly is a big deal, and it is often not us who pick the product, but the product who picks us.

Insurance has a limit on the insurance period, after reaching a certain age, many types of insurance can no longer be purchased, such as a considerable part of the old age insurance will be limited to the maximum age of 65 years old, endowment insurance, critical illness insurance will be limited to the age of 55-60 years old, although some insurance has been extended, but generally with more stringent insurance conditions, if there is an elderly insurance for the insured beyond a certain age to buy a limit on the number of policies purchased, so the elderly should plan as soon as possible, the earlier to buy insurance, the lower the premium, The sum insured is relatively higher.

Accident insurance has nothing to do with our health, many insurance companies set the age of accident insurance within 65 years old, and the elderly are a high-risk group of accidental injuries, and high-leverage accident insurance is the first choice.

Cancer accounts for more than 60% of the critical illness claims data of insurance companies, and its high incidence has to be taken seriously. It is also a good choice for people with high blood pressure, hyperlipidemia, and hyperglycemia who cannot afford to buy critical illness insurance separately, and there are cancer insurance for the elderly on the market, and the age limit for insurance is 75 years old.

Sign carefully, need to read the terms carefully before the implementation of the new regulations, the behavior of signing and copying has been focused on by the CIRC, and the middle-aged and elderly people must consult clearly first if they are unclear when applying for insurance, so as to avoid missing the terms. Now, after the implementation of dual recording, if the insurance company has violated the rules in the insurance process, it can complain to the relevant regulatory authorities to fully protect its legitimate rights and interests.

Try to avoid one-time payment, and it would be better to choose to pay in installments, so that it will not bring too much pressure to the family all at once. Buying insurance for the elderly needs to choose products according to personal circumstances and family situations, the right one is the best, you don't know how to choose a product, you can go to the insurance city network to find a customized insurance plan, before buying medical insurance on the top to find the best person is very reliable, the recommended insurance products are very suitable.

When buying insurance, please don't believe any promise given to you by the salesman, it's best to call customer service for consultation, at least the customer service of the insurance company has ** recording as evidence, a feeling of people who have been deceived.

Health notification should follow the principle of maximum good faith, middle-aged and elderly people are in the high incidence period of various major diseases, and should truthfully inform their disease history when purchasing, so as to avoid disputes when making claims in the later stage. If there is a case of concealment of medical history, the insurance company will not pay compensation. The correct approach should be to ask the insurance company to clearly inform the problem, and if you know it, you can say it, and for the vaguely defined problem, consult clearly and then say, and if you don't have it, don't say it.

Due to the relatively high loss ratio of old-age insurance and the relatively low income of the elderly, there has been a shortage of insurance specifically for the elderly for many years. In recent years, with the acceleration of aging, the society's demand for elderly insurance continues to rise, some insurance companies gradually expand the elderly insurance business, but the insurance specifically for the elderly is still relatively small, the choice is small, the existing old age insurance in the insurance age, premium, insurance amount, deductible, waiting period and other aspects are not the same, and the insurance conditions are relatively strict. Some insurance companies launched the old-age insurance only to cover accidents, while some insurance companies take "lifelong medical insurance" as a breakthrough, so that the old-age insurance has comprehensive protection such as hospitalization and medical treatment, therefore, when the elderly buy insurance, it is best to look at the situation of several companies, carefully compare and analyze, and choose the most suitable insurance for themselves.

Correct insurance should be done within one's means, after retirement, the income of the elderly is limited, and the expenditure of children to buy insurance for their parents is nothing more than savings income or parents' pension, so on the basis of referring to the health status of parents, it is also necessary to buy what products to buy under appropriate rational planning. When choosing insurance, you should comprehensively consider your own economic situation, not the more you buy, the more compensation you will pay, and the insurance protection has a certain upper limit on economic compensation. Generally speaking, the annual premium of critical illness insurance should be controlled at 20% of the annual family income.

We must understand that insurance is used to protect against the economic losses caused by risks, it is only a compensation measure. And we should be more protected by having good financial habits, and then saving more money in case of emergency.

First, it is necessary to have a comprehensive understanding of the benefits and risks. The financial knowledge of the elderly is relatively insufficient, and some elderly people only listen to the saying of "high returns" and buy insurance, without realizing the risks.

The second is to see the terms of the insurance. No matter how the marketer explains, the policyholder must carefully study the terms and conditions to be aware of them, especially for the core parts such as insurance liability, deductibles, and claims, so as to have a comprehensive and detailed understanding to effectively protect their own interests.

The third is to communicate more with children. Before the elderly buy insurance products, it is best to communicate with their children and consult their children on the specific content and risks and benefits of purchasing insurance, and listen to their opinions.

Fourth, priority is given to accident insurance and medical insurance. The probability of accidental injury is higher than that of other age groups, and it is recommended to purchase accident insurance first; If you don't have any medical coverage, it is advisable to purchase a medical insurance policy when you purchase accident insurance.

Fifth, you need to do what you can to buy insurance. The income of the elderly is relatively low, and when purchasing insurance, they should consider the reasonable choice of payment period and payment method.

If you buy too much investment insurance in the case of insufficient consumer products, it will be difficult for these investment insurance to play an effective role in the event of an accident or illness. However, due to the characteristics of the elderly, try to avoid buying universal insurance, investment-linked insurance and other types of insurance to ensure the safety of funds, because the risk of these products is higher, there is a possibility of loss, investing in these products will expose their assets to a very large risk, once the capital market has a large adjustment, it will face a loss, if it happens to need funds at this time, there will be serious liquidity risks, so you should buy more consumer insurance with low premiums and high insurance amounts, Buy less investment-based insurance with high premiums and low sum insured.