Is it useful to cover critical illness insurance for only one year?

Critical illness insurance with a one-year coverage period is critical illness insurance with a one-year coverage period. It is a short-term health insurance product, and its premium is much lower than that of long-term critical illness insurance, and the annual critical illness insurance is often sold in combination with other main insurance.

In general, it is not recommended to buy one-year critical illness insurance, which has many drawbacks. Critical illness insurance still needs to choose long-term or lifelong, how to choose? Here's a look: How much do you know about the difference between a regular critical illness and a lifelong critical illness? Do you know how to choose?

The features of this insurance product are as follows:

1. You can get good protection by spending very little money: Compared with long-term insurance products, the cost of critical illness insurance is still very low, sometimes only a few hundred yuan, which is a very good choice for many people, which will not affect their due quality of life, but also get good medical protection.

2. The critical illness insurance of one insurance per year can solve the embarrassment of not being able to afford to see a doctor to a certain extent. Good medical insurance actually needs a certain amount of financial support to support. Nowadays, the cost of serious illness is very high, and even many people may not be able to afford it.

Therefore, we can consider our own financial strength, if buying long-term insurance will increase our pressure, then it is also a wise choice to buy a critical illness insurance with annual insurance.

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The biggest advantage of one-year insurance is:Very cheap.

However, there are two sides to the coin, and the inadequacy of one-year insurance is also obviousRenewals are unstable and premiums will be gradual**.

There are not many one-year critical illnesses, we searched the whole network, and only screened out a total of 6 products, as shown in the following table:

Let's go straight to the conclusion:

If you are looking for value for money:Micro Medical Insurance Critical Illness Insurance and Alipay Health Welfare are both good, and a 20-year-old young man can have an insurance amount of 500,000 yuan as long as he earns more than 200 yuan a year.

If you want to be covered:In addition to critical illnesses and mild diseases, if you suffer from specific diseases such as leukemia and sequelae of stroke, you can also pay an extra 500,000 yuan, and the protection will be more comprehensive.

If you want stable protection:It is advisable to consider long-term critical illness insurance, such as Super Mario 2 Max, which can cover the future decades, even if the product is discontinued.

For a more detailed review, please refer to the article: What are the disadvantages of one-year critical illness insurance?

Hello, the one-year term means that there is no guarantee of renewal, that is, if there is a critical illness signal in the body, the insurance company may not renew the policy, if it is used for basic protection, there are some risks, it can be used as a supplement to critical illness, supplement when the income is low, and increase the sum insured of long-term life insurance when the income increases.

Critical illness is recommended to be lifelong first, followed by regular and finally one-year.

There are two main needs for one-year critical illness insurance:

1. Young people who have just joined the work and are financially unable to afford the premium payment of lifelong critical illness insurance can use one-year or term critical illness insurance as a transitional protection need, and then supplement the protection of lifelong critical illness insurance when economic conditions permit;

2. If you already have lifelong critical illness protection, you can add one-year critical illness insurance or term critical illness insurance to increase the protection needs of some specific periods, for example, to hedge the risk of loan repayment during specific periods.

In general, it is not recommended to purchase one-year critical illness insurance all the time. Although the one-year critical illness insurance is cheaper and has a higher degree of protection, there will be a problem that the premium is not fixed, and the premium of critical illness insurance will increase with the age of the insured, which may only need 500 yuan this year and 1,000 yuan next year.

In addition, critical illness insurance also has certain requirements for the age of the insured, and it is basically difficult to buy critical illness insurance products after the age of 55. However, there is basically no renewal clause for one-year critical illness insurance, so consumers need to face the situation that there is no critical illness protection for the elderly.

Therefore, if you want to get long-term protection, it is better to choose long-term critical illness insurance. The coverage of these critical illness insurance is comprehensive and cost-effective, so you can choose a suitable one> critical illness insurance product PK, the most worthwhile to buy are these ten!

It is recommended not to buy a one-year critical illness insurance policy all the time. If you want to buy critical illness insurance, it is best to buy long-term protection, such as regular or lifetime, I have sorted out the cost-effective critical illness insurance worth buying in this article, if you need it, you need to take it: compared with the 186 critical illness insurance products on the whole domestic network, which products are worth buying?

It is not recommended that consumers purchase one-year critical illness insurance all the time. Although the one-year critical illness insurance is cheap and has a high degree of protection, it cannot avoid a problem, its premium level will increase with the age of the insured, maybe only 500 yuan this year, and 1000 yuan next year.

Under the new regulations, we have evaluated more than 1,000 critical illness insurance products and selected the best 10 critical illness insurance products on the market. New Definition of Critical Illness Rankings Announced! The first place turned out to be it! 》

It is best not to, the one-year critical illness insurance coverage period is only one year, and this type of insurance generally has two obvious characteristics: low premiums and simple product forms.

1. Low premiums

The one-year critical illness insurance has a short protection period, so the premium is also relatively cost-effective, and usually only a few hundred yuan can buy hundreds of thousands of insurance amounts, which is still cost-effective. Of course, it is more cost-effective to apply for insurance at a young age, if you are old, the premium of one-year critical illness insurance is not low, and you may be rejected by the insurance company because of your health condition, which is possible.

2.The form of the product is relatively simple

Generally, one-year critical illness insurance, the protection liability is relatively simple, usually only critical illness protection, there are also some products with critical illness + mild illness, of course, there are some products on the market that are specifically for certain aspects, such as cancer insurance, women, children, and the elderly specific disease insurance. Compared with long-term critical illness insurance, the protection liability is too simple, which is one of the reasons for its low premium.

3.Advantages and disadvantages of one-year critical illness insurance

First of all, let's take a look at the advantages, as mentioned above, the premium is low, for users with a limited budget, especially some young people who have just graduated, have an average salary, do not have much spare money in hand, and want to plan a critical illness protection for themselves, it is more appropriate to choose one-year critical illness insurance at this time. The one-year critical illness insurance premium is low, and it is worth considering to increase the critical illness sum insured in the short term. Or, some people have already insured a long-term critical illness insurance, but the amount of insurance they bought at that time was relatively low, for example, they only bought 200,000 yuan, according to the current medical level, the protection is not enough, and if they want to make the insurance amount higher, the pressure to buy a long-term critical illness insurance is too great, so it is more cost-effective to configure a one-year critical illness insurance with a critical illness insurance amount of 200,000 yuan.

After reading the advantages, let's talk about the disadvantages. The issue of purchasing a one-year critical illness insurance renewal cannot be ignored. At present, the one-year critical illness insurance on the market cannot be guaranteed to be renewed, even if it is guaranteed for a period of renewal, if the insured has an abnormality, it is not possible to pass the health notice, and the insurance company may refuse to insure.

And if the one-year critical illness insurance is offline, it cannot be renewed, and the user needs to find a suitable product to insure, if this time is no longer young, the corresponding premium is not low, and the one-year critical illness insurance is not cost-effective in the long run. Moreover, the one-year critical illness insurance coverage responsibility is too simple, and some of the protection is missing, so it is impossible to obtain comprehensive protection through one-year critical illness insurance.

When the economic situation allows, it is not recommended to buy a one-year one-year critical illness insurance, and the one-year critical illness insurance can be used as a supplement to the long-term critical illness insurance to increase the personal critical illness insurance amount.

One-year critical illness insurance is a consumption-based critical illness insurance, which is cheap and flexible, and is suitable for some people with limited economic conditions and critical illness protection needs.

One-year critical illness insurance has the risk of renewal, and the insurance company will usually review the renewal application in order to avoid the risk, and if the insured has made a claim before, or if the insured has reached the peak age of suffering from a critical illness, the renewal application may be rejected.

Critical illness insurance can be divided into one-year critical illness insurance and long-term critical illness insurance, which generally have the following differences:

1. The protection is different. Because the protection of long-term critical illness insurance will not change once the contract is signed, and cannot be changed in the middle of the process, while the one-year critical illness insurance can be flexibly changed according to needs, of course, health underwriting will be re-requested when the protection changes.

2. Premiums are different. Long-term critical illness insurance is based on the terms of the insurance contract, and the premium is usually the same every year, while the premium of one-year critical illness insurance increases with the age of the insured.

3. One-year critical illness is consumption-based and has no savings function. Long-term critical illness insurance can have a savings function, and the benefits are paid when the coverage expires or at a specific time.

One-year critical illness insurance can be used as a supplement to long-term critical illness insurance. However, it is not advisable to only invest in this one-year critical illness insurance.