Is it necessary to buy critical illness insurance at the age of 30? Is it cost effective to buy long

Yes, the main reasons are as follows:

1. Critical illness at a young age.

Nowadays, the incidence of critical illness is getting higher and higher, and there is a significant trend of younger development, in other words, the probability of young people suffering from critical illness is very high, and the probability of getting sick will increase significantly with age, so it is necessary to allocate critical illness insurance protection as soon as possible to cope with the risk of future diseases.

2. Make up for lost income.

If you suffer from a critical illness, you will not only have to solve a huge amount of ** expenses, but also suffer a loss of income, which can be dealt with by basic medical insurance and medical insurance, but the loss of income expenses cannot be reimbursed. Critical illness insurance, on the other hand, can cope with this part of the loss, because the product belongs to the benefit insurance, when the insured is diagnosed with the promised illness within the insurance period, and the provisions of compensation are met, the insurance company pays the corresponding amount of insurance in a lump sum, and the use of the money is not limited by the car insurance company.

3. It is cheaper for young people to buy critical illness insurance.

The interest rate of critical illness insurance is related to the age of the insured, and the lower the age, the more cost-effective the insurance price, so by equipping yourself with critical illness insurance when you are young, you can enjoy commercial insurance protection as soon as possible, and on the other hand, you can save part of the insurance cost.

4. It is easier to apply for insurance when you are young.

Critical illness insurance not only restricts the age of the insured, but also has relatively high requirements for physical condition, so it is easier to face critical illness insurance when you are young, and it is easier to verify claims.

Long-term insurance refers to long-term protection insurance, such as fixed life, 30 years, 60 years old, and lifelong critical illness insurance. Under normal circumstances, it is not quite cheap for 50-year-old people to buy long-term insurance.

1. Critical illness insurance.

The interest rate of long-term critical illness insurance itself is relatively high, and if the elderly are insured, it is also much more expensive, and sometimes there may even be a phenomenon of inverted premiums, that is, the insurance cost exceeds the insured amount, and it cannot play the protection effect it should have. If you don't have a good budget for insurance costs, it is generally not recommended for people aged 50 to buy critical illness insurance.

2. Medical insurance.

At present, most of the medical insurance on the market are short-term goods, the protection period is one year, if the 50-year-old people and the physical condition is good, you can choose millions of medical insurance products, although the price is not cheap, to a thousand yuan a year, but the scope of application is OK, can solve the risk of huge medical expenses.

3. Life insurance.

For 50-year-olds, children generally enter the society, gradually go to work, and many are married, so the 50-year-olds' family responsibilities are significantly reduced, and life insurance is not so necessary. If you have services such as investment and financial management, regular savings, and wealth inheritance, you can choose to increase the amount of whole life insurance or budget fixed amount insurance.

4. Accident insurance.

Long-term accident insurance has a long coverage period, and there is no need to worry about the phenomenon of policy lapse caused by forgetting to renew the insurance for a short time after insurance, but ** is higher. Therefore, it is more cost-effective for 50-year-old people to buy one-year accident insurance, and if it is less than 300 yuan a year, they can get millions of accidental death and disability benefits.

That's all for the question of whether it is worth buying long-term insurance at the age of 50, and I look forward to the unfinished matters to help you.

It is still necessary to buy critical illness insurance at the age of 30, and do not wait until the age of 50 to consider long-term insurance. Because many diseases can happen to young people nowadays.

Of course, it is necessary, after all, the diseases are now younger, so many young people have already suffered from a lot of serious diseases. It is no longer cost-effective to buy long-term insurance at the age of 50, because you may not be able to pay for such insurance anymore.

Of course, it is necessary to choose the right insurance according to your specific situation, and it is also more appropriate to buy long-term insurance at the age of 50.