I want to buy an insurance for my newborn son, how about China Life Fulu baby insurance

Hello! Young children are delicate and will face various risks in the process of adapting to the new environment, so it is necessary to build a suitable protection plan for your newborn son in time in order to ensure the protection of his newborn son.

Everyone who wants to buy critical illness insurance should have heard of the national life blessing that talks about Chinese life, and behind the super high sales of this product, the controversy about it has not stopped. Recently, due to the increasing competitive pressure, Guoshoufu has also been upgraded, but after several hours of my research, I do not recommend buying, and the reason for not recommending you can check out this article of mine:A must-see before you buy!

Is the upgraded China Shoufu good? Strengths and weaknesses sorted out?

It mentions in detail the protection content, advantages and disadvantages of Guoshoufu, and the details to pay attention to if you want to buy Guoshoufu, which you can refer to if necessary.

Let me briefly talk about the new content updates of the updated China Life Blessing Edition, and can the new content make consumers excited?

1. What new protection content has been updated by China Life Welfare and what is the difference from the previous version?

Let's take the China Life Blessing Premium Edition, the China Life Blessing Supreme Edition and the China Life Fortune Premium Edition, and compare what are the new changes:

Direct conclusion: The two benefits have been optimized: The number of minor illness claims has been increased The number of critical illnesses covered has increased to 100.

2. Is it worth buying the National Life Blessing Edition?

Although the number of minor illness claims of the National Life Welfare Premium Edition has been adjusted to three times, which is relatively sincere, but after all, it is a large company, and the advertising cost required by the product is not a small amount, ** is not low, if it is a friend who pays more attention to cost performance when buying insurance, China Life Fu should not be considered.

I compared the hot-selling critical illness insurance products of large companies in the market in 2020, there is too much content, you can check out this articleThe latest inventory in 2020, ten critical illness insurance companies worth buying

That's all for me"I want to buy an insurance for my newborn son, how about China Life Fulu baby insurance"All, look!

First of all, I will send you the latest children's critical illness insurance review in 2020Top 10 [cheap and high-quality] children's critical illness insurance in 2020

Children's National Life Celebration 2019] is better than to know, so let's take the same series of [Children's National Life Celebration Edition] as him to do a simple comparison and evaluation.

1. Insurance conditions. The maximum payment period for the 2019 version is 20 years, which is one year longer than the celebration version, so the bumper of the two products is almost the same, but the total premium for the 2019 version will be higher than that for the celebration version.

The waiting period for both products is 180 days, which is longer than similar products on the market.

2. In terms of protection content, the protection content of this product is the same, which covers 120 kinds of critical illnesses, 60 kinds of minor diseases, and 15 kinds of specific children's critical diseases. The coverage is basically sufficient, but it is not economical.

3. In terms of other benefits, the insured needs to be exempted from the need for additional options, and the more additional options, the premium will be more expensive. Compared with the children's critical illness insurance on the market, it is more expensive. The annual premium is more than 6,000 yuan, and for most families, the financial burden will be heavier.

Generally speaking, the [Children's National Life Blessing] series of protection content is sufficient, but the cost performance is not high, and there are many products with lower premiums on the market to choose from for the same protection content. Hope to adopt.

As a very representative product in the critical illness insurance of China Life Company, China Life Fu is among the best in the market in terms of popularity and sales volume by virtue of the many ** people of China Life Company, but it is mixed in terms of reputation In order to adapt to the constantly updated insurance market, China Life Fu was also updated some time ago, but after I thoroughly evaluated the China Life Fu Ultimate Edition, I do not recommend buying, as for the reason for this, you can go and see my article, space limitations, I will not repeat it:All the passwords you want to know about Guoshoufu are in this article? It mentions in detail the protection content, advantages and disadvantages of China Life Blessing, and how to see whether the terms of China Life Welfare are suitable for you, and you can refer to it if necessary.

Let me briefly talk about the content changes of the upgraded China Life Fortune Edition, and are these changes good for us?

1. What are the changes in the content of the upgraded China Life Blessing?

Let's take the China Life Blessing Premium Edition, the China Life Blessing Supreme Edition and the China Life Blessing Premium Edition, and compare them to see the content of the adjustments:

Direct conclusion: The two benefits have been optimized: The number of minor illness claims has been increased, and the types of critical illnesses covered have been increased.

2. Is it worth buying the National Life Blessing Edition?

Although the compensation for three mild illnesses is the biggest highlight of China Life Fu after the update, it is relatively sincere, but after all, it is a large company, and the operating expenses required are very high, ** is not low, and it is not recommended to consider China Life Fu for some friends with low budgets.

I compared the hot-selling critical illness insurance products of large companies on the market in 2020, and I have more details and too many words, you can check out this articleThe latest inventory in 2020, ten critical illness insurance companies worth buying！The article lists the top 10 best-selling critical illness insurance products, see if there are any that meet your needs.

Hello, I don't think it's good, at least I don't think children need life insurance, the premium has increased too much.

Children's Life 2019 Critical Illness Insurance is a lifelong critical illness insurance recently launched by Chinese Life. The main insurance of the 2019 version of Children's Life is a whole life insurance with additional critical illness insurance coverage. The protection responsibility of this children's national life blessing 2019 version is relatively simple, but the product is more expensive.

Assurance Content Analysis:

1) Critical illness benefit.

120 types of critical illness benefit, the insured suffers from a critical illness for the first time, and 100% of the basic sum assured will be paid.

2) Mild illness benefit.

60 types of mild illness benefits, 20% of the basic sum assured will be paid each time without grouping and interval, limited to 3 times.

Judging from the coverage data, all 10 kinds of high-incidence mild children's national life celebration version are covered and perform well, but it should be noted that there is an age requirement of more than 3 years old for severe visual impairment and mild disease.

3) Children's Specific Illness Benefit.

For 15 specific children's diseases, if one or more of the above children's diseases are diagnosed for the first time, only 100% of the basic sum insured will be paid once, and the contract will continue to be valid.

The 15 specific pediatric diseases are as follows:

It can be seen from the content of ** that this product will have a high incidence of children's diseases, such as Kawasaki disease, hand, foot and mouth disease, gastroenteritis, etc., and will be guaranteed separately, which is still relatively friendly to consumers.

4) Liability for death.

The premium paid will be paid on the death of the insured person before the age of 18, and 100% of the basic sum assured will be paid after the age of 18. This protection is a mandatory obligation and is generally flexible.

It should also be noted that the premium waiver of this product is an optional liability and requires an additional premium.

In general, the proportion of minor illness compensation for this children's national life celebration version is low, and the current mainstream critical illness insurance in the market has a mild illness compensation ratio of about 50%, but the coverage rate of high-incidence mild illness is better. For more specific content about Guoshoufu 2019, it is recommended to read this article "Guoshoufu 2019 Evaluation, What Adjustments Are Made in Guoshoufu 2019?" 》

If you have a sufficient budget and want to buy products from large insurance companies, you can choose Children's China Life or Ping An Fu; In the case of lifelong critical illness insurance, Astro Boy is a very good choice among the products currently on the market; If you have a limited budget, for children, Hui Xin'an is very good.

At the time of purchase, if the child is under the age of 18, it is valid regardless of whether he knows it or not.

At the time of buying insurance, if the child is over 18 years old, it means that he or she signs on behalf of the child, and the policy signed on behalf of the child is likely to be invalid.

At that time, if it was a minor, this problem did not exist.

And the policy has been in place for so long, of course it works.

As long as the annual payment is made on time, how can it be invalid? It definitely works.

If you are nervous, it is better to replace the policyholder with yourself. In this way, he officially signed a contract with Life Insurance.

The three insurances are all participating. Specifically, depending on the demand, the following is a list of the differences between the three risk arguments:

First of all, the insurance period of China Life Fuxing Children's Insurance is from the time of insurance application to the maturity of the insured's 30th birthday.

The insurance period for Fortune Kids is from the time of application to the age of 25.

China Life Fulu Baby is insured from the time of application to the age of 80.

Protection responsibility: China Life Fuxing Children's Insurance will receive survival benefits, death benefits, growth and rental insurance benefits at all stages, and the policyholder will be exempted and dividends will be distributed every year.

The insurance benefits of Hongyun Children's Insurance at all stages are dividends every year.

China Life Fulu Baby Guarantee is an annual increase in the insured's growth pension before the age of 30, a retirement pension between the ages of 60 and 80, a life pension, a maturity payment, an annual dividend, and an accident maximum of 20 times the basic sum insured from the age of 18 to retirement.

If the funds are abundant, China Life Fulu baby is a good growth planning insurance, Fulu baby growth gold rose year after year when he was a child, the security fund is particularly high when he is an adult, and the pension is very sufficient in old age, and the insurance that grows up with the child.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

Summary. Introduction: All those who are more than 28 days old and under the age of 17 and in good health can be the insured, and the person with full civil capacity who has the insurance interest in the insured can apply for this insurance from the company as the policyholder. Payment method: The insurance premium is paid annually.

Payment periodThere are two types of payment periods: five years and ten years. Insurance PeriodThe insurance period of this contract is from the effective date of this contract to the corresponding effective date of the year when the insured reaches the age of 80. There are two types of pension insurance starting age: 55 years old and 60 years old, and the policyholder can choose one of them as the starting age of pension insurance under this contract when applying for insurance.

Once the age at which pension benefits begin to be paid is determined, it cannot be changed during the insurance period of this contract. The commencement date of the pension benefits under this contract shall be the effective date of the year corresponding to the age at which the pension benefits under this contract begin.

Hello dear! Five years and ten years.

China Life Fulu Baby Insurance (Dividend) helps parents to give their children enough care, so that insurance accompanies their babies to grow up; Before the age of 30, the wheel grows in golden years; Aged 18 to 55 60 years old, with a high level of protection; 55 After the age of 60, there is a generous pension; From childhood to old age, Fu Lu enjoys a lifetime.

Introduction: All those who are more than 28 days old and under the age of 17 who are in good health can be used as the insured, and the person with full civil capacity who has insurance interests for the insured can apply for this insurance from the company as the Zhaofeng policyholder. Payment method: The payment method of insurance premium is annual. Payment periodThere are two types of payment periods: five years and ten years.

The insurance period of this contract shall be from the effective date of this contract to the corresponding effective date of the year when the insured reaches the age of 80. There are two types of pension insurance starting age: 55 years old and 60 years old, and the policyholder can choose one of them as the starting age of pension insurance under this contract when applying for insurance. Once the age at which pension benefits begin to be paid is determined, it cannot be changed during the insurance period of this contract.

The commencement date of the pension benefits under this contract shall be the effective date of the year corresponding to the age at which the pension benefits under this contract begin.

Summary. As long as the insurance surrender exceeds the overdue surrender, the cash value of the corresponding years of the insurance contract can only be refunded, for example, the cash value of the sixth year can only be refunded after six years, at this time there will be a loss, so if you have the ability to pay, it is not recommended to surrender, because the cash value is increasing with the growth of time, and you don't need to pay the fee after the expiration date, but the cash value will continue to increase and increase. Especially after the expiration period, it is not recommended to surrender the policy, because you can continue to enjoy the protection, but you do not need to pay the fee, you can wait until you are older and then choose to surrender the policy, at this time the cash value is also greater than the principal, at this time there will be a return on surrender.

China Life Fulu Baby Insurance (Dividend) is 6,000 a year, and it has been paid for six years, and if you don't want to pay it, how much can you get back.

Hello, if it is a ten-year surrender, you can return about 10,000 yuan, and you can only return the cash value of the sixth year.

Hello! The answer?

Got it. As long as the insurance surrender exceeds the overdue surrender, the cash value of the corresponding years of the insurance contract can only be refunded, for example, the cash value of the sixth year can only be refunded after six years, at this time there will be a loss, so if you have the ability to pay, it is not recommended to surrender, because the cash value is increasing with the growth of time, and you don't need to pay the fee after the expiration date, but the cash value will continue to increase and increase. Especially after the expiration period, it is not recommended to surrender the policy, because you can continue to enjoy the protection, but you do not need to pay the fee, you can wait until you are older and then choose to surrender the policy, at this time the cash value is also greater than the principal, at this time there will be a return on surrender.