The difference between sickness insurance and critical illness insurance

Compared with critical illness insurance, sickness insurance has a wider coverage.

To put it simply, illness insurance includes critical illness insurance, that is, critical illness insurance, but illness insurance does not fully refer to critical illness insurance. However, both critical illness and sickness insurance fall under the umbrella of health insurance.

If you still want to know more about what critical illness insurance is, you can take a look at this: Good critical illness insurance looks like this! You've been lied to for so many years.

1. The duration of protection is different Sickness insurance usually covers a short period of time, so there will be problems in renewing the policy, while critical illness insurance.

It is a long-term protection, so you don't have to worry about renewal;

2. The content of the protection is different Sickness insurance is aimed at the medical expenses incurred by the insured's illness, while critical illness insurance must meet specific critical illnesses.

Compensation can only be paid if it is required;

3. Different ways of compensation Sickness insurance is reimbursed according to the actual expenses incurred, while critical illness insurance can be paid as long as it is diagnosed.

The advantage of critical illness insurance is that the amount of compensation for critical illness insurance is relatively high, and for the general occurrence of critical illness, the cost of ** and surgery is relatively high, so the high compensation can ensure that the insured has enough funds to ** and reduce the financial burden.

The disadvantage of critical illness insurance is that the minimum amount of critical illness insurance is relatively high, if the cost of some diseases cannot reach the threshold agreed in the insurance contract, the critical illness insurance will not be paid, in contrast, the employee medical insurance will generally be reimbursed according to the proportion, no matter what the cost is, do not need to reach the set threshold.

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Sickness insurance and critical illness insurance both fall under the category of health insurance, with the difference being that the former has a wider range of coverage, while the latter is insurance that provides corresponding coverage according to the contracted illness. It can be understood that critical illness insurance is a type of illness insurance, but illness insurance does not completely refer to critical illness insurance.

What is Sickness Insurance?

Sickness insurance refers to the insurance in which the insurer bears the responsibility to pay the insurance money in accordance with the provisions of the insurance contract for the loss of income and expenses caused by illness or childbirth, or the death or disability caused by illness or childbirth.

Critical illness insurance belongs to the category of sickness insurance, and when we talk about sickness insurance, we usually refer to critical illness insurance.

What is critical illness insurance used for?

Critical illness insurance can pay the corresponding insurance benefits to the insured or the beneficiary of the policy when the insured suffers from a contracted illness or a contractual situation (such as death or total disability) to transfer the economic risk caused by illness, death or total disability (if this benefit is available) if the benefit criteria are met.

How do I buy critical illness insurance?

If you want to choose a good critical illness insurance, you can start with the content of the protection.

High-quality critical illness insurance will cover the three basic benefits of severe, moderate and mild illness, and set a higher compensation ratio (such as additional compensation for critical illness, additional compensation for moderate and mild illness, etc.); There are also many critical illness insurance plans that set up a second claim for high-incidence critical illness (such as a second claim for cancer) to improve the comprehensiveness of protection for high-incidence critical illness.

There are many high-quality critical illness insurance companies on the market, such as these ones, which are very worthy of our attention: the top 10 popular critical illness insurance points worth buying.

Illness insurance is also known as major derailment illness insurance, which is an insurance that takes the occurrence of the disease agreed in the insurance contract as the condition for the payment of insurance benefits, mainly for those major diseases that will threaten life or have a large cost. Sickness insurance is a fixed amount of compensation, as long as the contract reputation of the critical illness is high, the insurance company will pay according to the amount of insurance, such as the amount of insurance 200,000, the insurance company will compensate 200,000.

The scope of liability of sickness insurance can include:

1. Loss of wage income;

2. Loss of business interests;

3. Medical expenses;

4. Disability allowance;

5. Funeral expenses and living allowance for survivors, etc.

Sickness insurance generally does not cover losses caused by accidental injuries.

1. The payout time is different.

Medical insurance refers to the protection of patients against some of the costs associated with the treatment of a disease. Critical illness insurance is to protect the risk of catastrophic expenses caused by certain agreed critical illnesses, so as to avoid the heavy impact on the family economy due to critical illness. It is generally settled in advance, which means that when the insured is diagnosed with one of the critical illnesses defined in the insurance contract, the insurance company will pay a lump sum sum of the insured amount.

2. The amount of compensation is different.

Critical illness insurance pays out based on the amount of coverage you have purchased, regardless of the actual medical expenses incurred. Suppose you buy a critical illness insurance with an insured amount of 1 million, and when a critical illness occurs, you will be compensated 1 million if you meet the compensation of the insurance contract. As for where you use the money, it has nothing to do with the insurance company.

Medical insurance is based on the actual expenses you incur in the hospital**, especially note that social security insurance and expenses below the "deductible" are not insured. Each medical insurance has a deductible, which is generally set at 0 yuan, 10,000 yuan, etc. At the same time, medical insurance has strict insurance regulations, and we cannot reimburse more than the actual total cost incurred.

3. Premiums are different.

Long-term critical illness insurance products are paid on time and of the same value, and there will be no increase in premiums as your payment period increases. Short-term medical insurance products usually increase with age, and most of the short-term medical insurance products are non-renewable, that is, after one year of purchase, the second year may not be renewed.

If one of the two products promises to renew, then the relative product that promises to renew will have a higher premium and a higher deductible than the product that does not promise to renew.

Summary. Critical illness insurance is not the same as critical illness insurance, critical illness insurance is a new institutional arrangement for the high medical expenses incurred by patients with serious illnesses, and after the reimbursement of basic medical insurance, compensation is made again. Critical illness insurance is an expansion of national medical insurance benefits, specializing in serious illness reimbursement, for example, it only reimburses medical expenses, and does not care about lost work expenses and ** expenses incurred due to illness.

At the same time, only the self-paid part within the scope of social insurance will be reimbursed, and the medical expenses outside the scope of social security will not be reported; Critical illness insurance is a payment type, as long as it meets the claim conditions of critical illness insurance, the insurance company will pay the sum insured in a lump sum, so even if there is national medical insurance and critical illness insurance, it will be necessary to configure a critical illness insurance, which can supplement the loss of income, which cannot be done by medical insurance and critical illness insurance.

Critical illness insurance is not the same as critical illness insurance, critical illness insurance is a new institutional arrangement for the high medical expenses incurred by patients with serious illnesses, and after the reimbursement of basic medical insurance, compensation is made again. Critical illness insurance is an extension of national medical insurance benefits, which is dedicated to reimbursement of serious illness, for example, it only reimburses medical expenses for travel, and does not care about lost work expenses and ** expenses due to illness. At the same time, only the self-paid part within the scope of social insurance will be reimbursed, and the medical expenses outside the scope of social security will not be reported; Critical illness insurance is a pay-type oak, as long as it meets the conditions of critical illness insurance, the insurance company will pay the sum insured in a lump sum, so even if there is a national medical insurance and critical illness insurance, it will be necessary to configure a critical illness insurance, critical illness insurance can supplement the loss of income, medical insurance and critical illness insurance cannot do this.

Critical illness insurance is a new institutional arrangement for the high medical expenses incurred by patients with serious illnesses and reimbursed after the reimbursement of basic medical insurance. Critical illness insurance is an extension of the national medical shortage town side insurance benefits, which is in charge of serious illness reimbursement, for example, it only reimburses medical expenses, and does not care about lost work expenses and ** expenses incurred due to illness. At the same time, only the self-paid part within the scope of social security will be reimbursed, and the medical travel expenses outside the scope of social insurance will not be reported; Critical illness insurance is a payment type, as long as it meets the claim conditions of critical illness insurance, the insurance company will pay the sum insured in a lump sum, so even if there is national medical insurance and critical illness insurance, it will be necessary to configure a critical illness insurance, which can supplement the loss of income, which cannot be done by medical insurance and critical illness insurance.

Critical illness insurance and critical illness insurance may seem very similar, but in fact, the concepts of the two are completely different. Here's the difference between the two:

1. The attributes are different.

Critical illness insurance is commercial insurance, and critical illness insurance is social insurance and is not for profit.

2. The purpose is different.

Critical illness insurance is mainly to alleviate the financial pressure caused by medical expenses of critical illness to patients, and critical illness insurance is to solve the problem of poverty caused by illness.

3. The objects of protection are different.

Critical illness insurance protects the insured who participate in the insurance, while critical illness insurance protects urban residents and NCMS participants.

4. The content of the guarantee is different.

Critical illness insurance will clearly state in the terms of the illness contract that you will be compensated for the contracted illness. Critical illness insurance is to reimburse medical expenses after suffering from a serious illness.

5. Different payment methods.

Critical illness insurance is generally paid by individuals, and critical illness insurance is deducted from medical insurance** and NCMS**.

6. The types of compensation are different.

Critical illness insurance is a benefit type, which means that no matter how much you spend when you suffer from a critical illness, you will be paid according to a fixed amount. Critical illness insurance is a reimbursement type, and the remaining part of the money will be reimbursed after removing imported drugs and special ** items.