What does the deductible of insurance 10,000 mean

The deductible of 10,000 yuan means that the loss within 10,000 yuan is deductible, and the insured needs to bear it himself, and the insurance company will not pay the claim. The deductible, literally, is the amount of the deductible. In other words, if the amount of loss is within the specified amount, the insured shall bear the loss by himself, and the insurer shall not be liable for compensation.

Now there are several deductible methods of insurance, such as inpatient and outpatient medical treatment is divided into 0 yuan deductible, 5,000 yuan deductible, and 10,000 yuan deductible.

Extended Information: Considerations for Medical Insurance.

When applying for commercial medical insurance, in addition to paying attention to the deductible, users should pay attention to some common precautions, such as health notice, renewal conditions, etc

1. Pay attention to the deductible.

The deductible is a clause that restricts the user's claim, so many users feel that the less the deductible, the better. Although there are some medical insurance plans on the market with zero deductible, not only zero deductible is the best option. The main reason is that if the number of small claims increases, the insurance company will inevitably increase a certain cost, and it will eventually be apportioned to the user's head, so insurance products with 0 deductible often do not occupy an advantage in terms of premiums.

For users, the deductible of the insurance product chosen is reasonable, and do not pursue 0 deductible excessively.

2. Pay attention to health notices.

To apply for medical insurance, you need to fill in the health notice, which is the threshold for users to apply for insurance, and under normal circumstances, medical insurance products with relaxed health notices are more beneficial to users. Therefore, when choosing medical insurance, if you are worried about being denied, try to choose an insurance product with a relaxed health notice, and it should be noted that the health notice should be filled in truthfully.

3. Pay attention to the renewal conditions.

Most medical insurance products are short-term insurance products, with a one-year coverage period as the mainstay. For users, the renewal conditions cannot be ignored. As your age changes, your health changes, and if you have strict renewal conditions, you may be denied renewal in the coming year.

At this time, if there is an illness, the medical insurance will not pay, so it is recommended to choose an insurance product with relaxed renewal conditions, and it is better if the renewal can be guaranteed.

Deductibles are generally paid in two ways: one is the absolute deductible.

The other is a relative deductible.

1.Absolute deductible: refers to the amount of loss that the insured has to bear before the insurer makes a claim. Accident insurance usually lasts for one year.

In medical insurance, absolute deductibles are divided into single deductibles and annual deductibles.

For example, if the absolute deductible is 500 yuan and the loss is 1000 yuan, then the absolute deductible will be deducted, and only 500 will be paid in the end.

2.Relative deductible:

When the loss under the policy exceeds the prescribed deductible, the insurer bears the sum insured.

total loss within the unit.

For example, if the relative deductible is 500 yuan, and the loss does not exceed 500, the insurance company will not compensate, if it exceeds 500, such as a loss of 1000 yuan, the insurance company will compensate in full, and will not deduct the deductible.

The deductible means the amount of the deductible. It mainly refers to the amount of loss agreed by the insurer and the insured in advance, the amount of loss is within the specified amount, the insured bears the loss by himself, and the insurer is not responsible for compensation. Deductible clauses are widely used in property, health, and auto insurance.

Insurance products with deductibles are often more cost-effective, which can reduce the insured's premium expenses to a certain extent, and the losses within the deductible are borne by the insured, so from another point of view, it can prompt the insured to strengthen the awareness of safety management and risk control.

Deductible means that the insurance company is within the deductibleNot trueThe amount of compensation paid by the policyholder is the amount that the policyholder needs to pay by himself, which is the threshold of insurance claims; The deductible of 10,000 is simply a deductionSocial securityAfter the reimbursement of expenses, the expenses that you need to bear are less than 10,000 yuan will not be compensated, and more than 10,000 yuan can be compensated.

Taking medical insurance as an example, if Mr. A, who has social security, buys medical insurance with a deductible of 10,000 yuan, and unfortunately has to pay 5,000 yuan for medical expenses after deducting social security, the insurance company will not reimburse him at this time.

But less is not always better. Nowadays, there are "0 deductible" insurance products on the market, that is, no matter how much money you spend, you can pay out. At first glance, it is indeed attractive, but after all, the wool comes out of the sheep, and the loss ratio of the product "0 deductible" insurance company will increase, and the natural premium will be correspondingly higher.

The deductible of 10,000 yuan means that no compensation will be paid if it is less than 10,000 yuan, and only more than 10,000 yuan can be paid.

1.In fact, after the social security (medical insurance, supplementary medical insurance, etc.) is reimbursed, you need to bear the cost of 10,000 yuan, and the insurance company will reimburse you if you exceed this part.

2.Thankfully, this deductible is cumulative. And generally speaking, all kinds of insurance benefits share a deductible.

Deductible, as the name suggests, is the amount of the deductible. It refers to the amount of loss agreed in advance between the insurer and the insured, the insured shall bear the loss by himself, and the insurer shall not be responsible for compensation.

The deductible is the amount of the deductible, and the deductible is 10,000The insurance company will not pay compensation for the amount within 10,000 yuan, and the claim will be made only if it exceeds 10,000 yuan. Is the less deductible the better?

In the million medical insurance, the deductible of 10,000 yuan is all the actual hospitalization expenses incurred during the insurance period (generally 1 year), and if it meets the social security reimbursement, it will be reimbursed first, and the remaining expenses will be reimbursed after subtracting 10,000 yuan. So why set a deductible?

This is because of the deductibleThere have been a lot fewer incidents of small claimsThe operating costs of insurance companies have also fallen, and it can be appropriateLower some premiums。If there is no deductible, the same coverage will cost more**. SoThe deductible is set so that we can buy a lower** insurance product with higher protection.

Of course, there are also products with 0 deductible, such a setting is actually wool out of the sheep, and the premium of 0 deductible products must be relatively high. So,A 0 deductible insurance product is not necessarily more cost-effective than a 10,000 deductible or 5,000 deductible product.

Now there are a lot of million medical insurance on the market, and there are many products that have worked the deductible, here is a comprehensive comparison table of million medical insurance, it is recommended to take a look before buying:Ultra-complete! Comparison table of popular medical insurance in China

To put it simply: the deductible is the amount of the deductible, which refers to a certain proportion and amount of the loss that the insured bears by himself as agreed by the insurer and the insured in advance, and the amount of loss is within the specified amount, and the insurer is not responsible for compensation, and the insured must first bear the amount of loss.

What does a deductible of 10,000 mean? For example: Xiao Li went to see a doctor, he had previously insured a certain medical insurance product, and the deductible was 10,000 yuan, so after he was reimbursed by social security, he must also bear the cost of 10,000 yuan and less, and only after the social security reimbursement, when the remaining expenses exceed 10,000 yuan, the insurance company will compensate.

At present, most medical insurance companies on the market have a deductible of 10,000, why should there be a deductible?

1. Reduce moral hazardIt enables the policyholder to enhance the sense of responsibility and reduce the occurrence of accidents, while enjoying the benefits of paying lower insurance premiums.

2. Insurers can avoid dealing with a large number of small compensation casesSaving on insurance claims costs for both parties is beneficial to both parties and allows the insurer to provide high coverage at a lower premium.

At present, the deductible of most million medical insurance plans is calculated on a year-to-one basis, which means that your medical expenses can be added to calculate the deductible during the one-year period of coverage. In addition, there are some million medical insurance plans with a 6-year guaranteed renewal cycle, and their deductibles can also be cumulative, if the amount is reached in advance, the remaining years are equivalent to 0 deductibles.

Like Alipay's "good medical insurance" medical insurance is a 6-year cumulative deductible of 10,000, which is a highlight of this productIs there any other advantage of "good medical insurance" backed by Alipay besides being cheap?

In fact, it is easy to understand, because the rates of medical insurance are correspondingly low, and a certain threshold is generally set, and insurance companies are not charitable, and they will set a certain deductible.

For example, outpatient medical insurance often has deductibles, and million medical insurance usually has a deductible of 10,000 yuan.

As the name suggests, the deductible refers to the part of the insurance company that waives the claim, and the insurance company will pay out only if the deductible is exceeded. For a detailed analysis, please see:"1 minute to quickly understand the deductible in insurance! 》

Here's an example:

For example, when Lao Wang went to the hospital when he was sick, the medical expenses cost a total of 100,000 yuan, of which 50,000 yuan was reimbursed by social security, and 50,000 yuan needed to be paid by himself.

However, if Lao Wang configures a million medical insurance with a deductible of 10,000 yuan, and the cost of 50,000 yuan is within the scope of the responsibility of the million medical insurance.

Then Lao Wang can get 40,000 yuan in compensation (50,000 yuan minus 10,000 yuan deductible).

Now everyone has a certain understanding of the deductible.

To sum up, if all of us can allocate medical insurance scientifically and reasonably, we only need a few hundred yuan a year to basically reimburse the medical expenses we need. Therefore, medical insurance is indispensable in the personal protection of every partner.

The deductible of 10,000 yuan means that the remaining expenses after the settlement of social security do not exceed 10,000 yuan, and the insurance company is not liable. Generally, there is a deductible of 10,000 for hospitalization of million medical insurance, which is an acceptable range.

The design deductible of 10,000 yuan is mainly used by insurance companies to control the risk of claims and reduce the pressure of claims.

You should know that the original intention of the design of million medical insurance is to reimburse large medical expenses, and some more serious diseases have high costs, generally hundreds of thousands, so million medical insurance can play its role well and reduce the financial pressure of the insured and his family.

At this time, someone will definitely ask, "Is there any medical insurance with 0 deductible?" Of course, there is, but the medical insurance premium with 0 deductible is on the high side and the cost performance is average, so you have to choose how to buy the best medical insurance for millions? What is a deductible?

The deductible of 10,000 yuan is the amount of 10,000 yuan deductible of the insurance company, which means that the insurance company and the insured agree in advance that if the loss amount is less than 10,000 yuan, the insured shall bear this part of the loss, and the insurance company does not need to bear this part of the compensation liability.

The deductible of 10,000 means that there is no need to pay within 10,000 yuan.

That's a good question.

Answer: 20,000 yuan deductible refers to the medical expenses incurred by the insured due to an accident or illness after the waiting period, and the insurance company will not reimburse 20,000 yuan within the scope of reimbursement, which belongs to the scope of deductible, and the excess part will be reimbursed in accordance with the contract. Different medical insurance products have different deductibles, generally between 0-20,000 yuan, the lower the deductible, the better, usually the deductible for small medical insurance is 100 yuan, and the deductible for million medical insurance is 10,000 or 20,000.

Hello $10,000 deductible.

It means that there is no compensation for less than 10,000 yuan.

The customer is responsible for it.

More than 10,000 yuan will be paid.

10,000 yuan is exempt from liability, and no compensation will be paid in this amount.

Hello! You're talking about health insurance. 10,000 yuan is the deductible, that is, the insurance company in the cost of your **, for example, you spent 50,000, and the amount of his compensation is 50,000-10,000 = 40,000, and then multiply by a percentage.

If you only spend 10,000, then 10,000-10,000 = 0, he doesn't have to lose money this time, and he doesn't have to lose if the cost is less than 10,000. For normal million medical insurance, he also requires you to reimburse social security first, and then reduce 10,000 yuan according to the remaining part.

Yes, what you understand is right, that is, the part that exceeds 10,000 will be paid, and this amount is more often found in medical insurance, and property insurance may also be available.