Should I buy insurance for my parents, and is it necessary to buy insurance for my parents?

We should buy insurance for our parents, because as our parents get older and older, all kinds of diseases will come to the door, and it is inevitable that we will be hospitalized when we are hospitalized.

I have written a guide to buying insurance for parents before, and interested friends can take a look: what is the [old people's insurance] and what insurance is good for your parents, you all need to know.

Secondly, the parents are older, the body's reflexes have become worse, far less than young people, prone to falls, fractures and other accidents, if equipped with an accident insurance, it can solve the medical expenses caused by the accident of the parents, in addition, the accident insurance in addition to the protection of accidental medical treatment, usually will also protect accidental death or disability.

In addition, when we buy insurance for our parents, we need to pay attention to choosing products with loose health notices, which can increase the probability of successful insurance.

If the health notice is triggered, it must be told truthfully and cannot be concealed, otherwise it will cause difficulties in subsequent claims. If you want to know the tips of health notification, you can take a look at this article: What are the tips of health notification when applying for insurance?

If possible, insurance should be taken out for the parents. Because my parents are getting older, my body's quality and resistance are declining, and hospitalization is inevitable. If you can equip your parents with medical insurance, cancer insurance, and accident insurance, then when your parents are sick and meet the conditions for claims, it can also help families reduce the financial burden caused by their parents' illness to a certain extent.

If you don't know what insurance you can buy for your parents, you can take a look at this article: what is the insurance for the elderly, what insurance is good for your parents, you need to know.

Seniors under the age of 55 who are in good health and economic condition are suitable for purchasing commercial health insurance. For other elderly people, it is not recommended to pay high premiums to buy this type of insurance, because there may be a phenomenon of "inversion" of premiums (meaning that the sum of the total premiums paid is greater than the sum of the benefits and benefits that the insured can receive).

It is necessary to buy insurance for parents, and it is recommended to configure these three types of insurance for parents: accident insurance, cancer prevention insurance, and cancer prevention medical insurance.

Because of age, physical fitness and other problems, parents can choose to buy fewer types of insurance. As parents get older, the chance of getting sick increases, and they need to buy insurance!

1. Cancer prevention medical insurance.

Parents are old, it is a group with a high incidence of diseases, such as stroke, three highs, etc., these diseases will be more frequent at this age, and it will also cost a lot of money, and for many ordinary families, the financial pressure will be greatly increased.

If you have medical insurance, you don't have to worry about running out of money when you go to the hospital**. The medical expenses that can be reimbursed by million medical insurance are relatively wide, including expert outpatient clinics, overseas drugs, surgeries, etc., and the general reimbursement ratio can reach 100% for the part of the cost exceeding 10,000 yuan. And you only need to spend a few hundred yuan a year to buy a million sum insured.

If the health status of the elderly is too poor to purchase the medical insurance with strict health notice, they need to purchase cancer medical insurance with low health requirements.

Like millions of medical insurance, cancer prevention medical insurance is also a reimbursement type insurance, that is, how much money is used to see a doctor, how much money is reimbursed, and similarly, this insurance has the advantage of low and high insurance amount, which is mainly used to compensate for hospitalization caused by cancer or special outpatient expenses. If you want to know more about cancer medical insurance, you can check out this article:"Cancer prevention medical insurance, the most reliable to buy like this!

2. Benefit-based cancer insurance.

It is difficult for the elderly to buy critical illness insurance, because critical illness insurance has strict health notices, and the older the parents, the lower their physical function, and it is difficult to pass. If you also want to buy critical illness insurance, there is a high possibility of premium inversion. At this time, you may wish to choose the benefit type of cancer insurance.

Cancer insurance is an alternative to critical illness insurance, mainly for cancer, and most of the insurance liabilities include malignant tumors, carcinoma-in-situ, etc., once the insured suffers from cancer within the scope of protection, the insurance company will pay a lump sum insurance payment according to the contract. Different from critical illness insurance, cancer insurance has little age limit for purchase, you can apply for insurance before the age of 75, and health notification is relatively easy, if you have a minor physical problem, if you have three highs, you can be insured.

If you buy cancer insurance, it is very cheap, you only need to pay a premium of one or two thousand yuan, and you can get up to 100,000 yuan of insurance. For a more detailed interpretation and analysis of the product of cancer insurance, Senior Sister previously wrote the most complete strategy for cancer insurance, which can be clicked:"You must not know this about cancer insurance!

3. Accident insurance.

Under normal circumstances, after the parents are old, it is common for them to be inconvenient to move, but there are small accidents and bumps, and accident insurance is particularly good at this time. When adding accident insurance to the elderly, you need to pay attention to the amount of accidental medical insurance, and a higher amount of insurance is better. In 2021, I strongly recommend that the accident insurance worth buying is here:

"In 2021, the most worthwhile accident insurance is here".

[Written at the end].

I am [Xueba Says Insurance], focusing on objective, professional and neutral insurance evaluation;

I will give you the most professional advice with years of experience in configuring insurance for 10w+ families.

It is necessary to buy insurance for your parents. Just look at a critical illness insurance, we all know that people's physical condition generally deteriorates with age, every organ in the body gradually degenerates, organ function also declines, the immune system changes, and many diseases will follow. At this time, if you purchase critical illness insurance with sufficient sum insured, you can transfer a considerable part of the economic risk.

Here is also a strategy article that needs to be paid attention to when insuring parents: what is the insurance for the elderly, what insurance is good for parents, you need to know.