Does Chinese Life s cancer insurance take effect after one year?

Normally, it takes a year for all types of sickness insurance to take effectSome of the time may be longer, depending on the insurance contract you have purchased. The purpose of insurance companies is to prevent insurance fraud。Many people have found such a problem, the critical illness insurance they have purchased can only take effect after one year, why is this?

In fact, this is a regulation that all insurance companies will have, as long as it is about illness, it will take a while for it to take effect, some insurance is a few months, and some insurance is several years. For example, if Mr. Wang buys an insurance policy after he falls ill, he will immediately apply to the insurance company for compensation after the insurance contract is signed. If everyone is like this, then the insurance company will lose a lot of money.

That's why insurance companies have set up such a rule to prevent people from deliberately cheating on insurance.

However, this incident also reminds everyone that after we buy cancer and other disease insurance, it does not take effect immediately, and most insurance needs to wait for a long time, so we should pay special attention to this regulation when buying insurance. Even though such insurance is cheap, it is not worth buying. When buying sickness insurance, there is another pitfall that you often encounter, and that is the one-time payment.

For example, after a person is diagnosed with a critical illness, the insurance company will pay him a lump sum payment, and then the contract will end. This means that this person will have no insurance in the future, and it is impossible for an insurance company to sell him critical illness insurance. However, there are some diseases that will be paid by the insurance for a second time, and a certain amount of compensation will be given after the second diagnosis.

In addition, we should also pay attention to the moderate and minor illnesses of this insurance, if it is only a critical illness, then this policy is not perfect.

Yes, it is true, but it is a very normal phenomenon, because there are many insurance policies that look like this, so we must look at it rationally.

Of course not, any insurance will be effective after one month to three months, as there will be an observation period during this period.

No, it is already in force when your contract is officially signed, and this is also within the scope of the guarantee.

For cancer insurance in life insurance, it is of course appropriate to buy it for 20 years, so that the money paid every year will not be too much, and once there is a problem, it will also protect yourself and will not affect your normal life. But if you buy life insurance cancer insurance for 20 years, I look at how old you are, and if you start buying it for 20 years at the age of 40, it is quite appropriate.

Further information: 1. Chinese Life Insurance (Group) Company.

Chinese Life for short), is a financial enterprise, is a state-owned super-large financial and insurance enterprise company; Headquartered in Beijing, it is a Fortune 500 company.

China's top 500 brands, belongs to the national vice ministerial-level units. The predecessor of the company was the original Chinese People's Insurance Company, which was established in 1949, and was divided into China Insurance Life Insurance **** in 1996, and changed its name to Chinese Life Insurance Company in 1999.

In 2003, with the approval of *** and the former China Insurance Regulatory Commission, the former Chinese Life Insurance Company was restructured and restructured into Chinese Life Insurance (Group) Company.

2. Chinese Life Insurance (Group) Company and its subsidiaries constitute the largest state-owned financial and insurance group in China and are also important institutional investors in China's capital market. The business scope covers life insurance, property insurance, enterprise and occupational annuity.

Banking, asset management, wealth management, industrial investment, overseas business and other fields.

Chinese Life Insurance (Group) Company has a total of 8 first-class subsidiaries, namely Chinese Life Insurance Co., Ltd. ****, Chinese Life Asset Management Co., Ltd., Chinese Life Property Insurance Co., Ltd. ****, and Chinese Life Pension Insurance Co., Ltd.

Shares ****, Chinese Life E-commerce ****, Chinese Life Insurance (Overseas) Shares ****, China Life Investment Holdings ****, China Life Health Industry Investment ****, as well as 1 national joint-stock bank Guangfa Bank and 1 affiliated college insurance vocational college.

3. Endowment insurance As the main business of Chinese Life, endowment insurance services are owned by Chinese Life Endowment Insurance Shares **** (abbreviated"Chinese's life insurance for the elderly.

Bear. Chinese Life Pension Insurance is a company that can provide customers with enterprise annuities.

A national pension management company with comprehensive financial products and services such as occupational annuity, basic pension insurance** management, wealth management and asset management, was jointly established on January 15, 2007 by Chinese Life Insurance (Group) Company, Chinese Life Insurance Co., Ltd. **** and Chinese Life Asset Management****, headquartered in Beijing.

For protection insurance such as cancer insurance, the longer the payment period, the better, but you should also pay attention to your own age structure. If you are under the age of 40, I must recommend that you pay for 20 years, but since you are now 45 years old, if you have been in good health for 20 years, you need to pay until the age of 65, and it is not very reasonable to be retired and still pay premiums at that time.

Life insurance cancer insurance for 20 years, I look at how old you are, if you are 40 years old and start buying for 20 years, I think it is quite appropriate.

1.Chinese Life Cancer Prevention Insurance provides special protection for cancer on the basis of ordinary critical illness insurance.

2.Chinese Life Cancer Insurance is one of the few professional insurance for cancer in the current insurance market, and it covers the entire process.

3.China Life Cancer Insurance covers a wide range of more than 100 kinds of cancers, breaking through the limitations of the current field of cancer prevention insurance and protecting the whole process of the policyholder, including all stages of the insurance industry.

4.After being diagnosed with cancer and receiving 100% of the sum insured, if the patient is still alive, the company will pay 20% of the sum insured every year, and the cumulative amount can be paid for up to 5 years.

1.Adopt the principle of mixing and matching cancer insurance and general critical illness insurance. Purchasing critical illness insurance with ordinary critical illness insurance is not only more economical, but also may provide more comprehensive and targeted protection.

2.When choosing cancer insurance, you should pay special attention to its protection, the more comprehensive the protection, the better, of course, the corresponding premium will be more expensive.

3.The principle of moderate insured. Generally speaking, it is relatively appropriate to control the sum insured at about 200,000 yuan.

The terms and conditions of the contract are clearly indicated, you can take a look.

Life cancer insurance breaks through the limitations of the current field of cancer insurance, provides targeted protection for patients in the whole process, including the first and first stages, gives key care to common cancers in men and women, and covers mild cancer protection, so that customers can enjoy the protection covering the whole process of cancer. The main benefits of China Life Cancer Prevention Insurance are:

Cancer Diagnosis Insurance: The premium paid will be refunded within one year of the effective date of the contract. After one year, 100% of the sum insured will be paid after the diagnosis of cancer, and the contract will continue to be valid.

Specific cancers: Men over 18 years of age: (prostate cancer, lung cancer) 30% of the additional sum insured.

Women over 18 years of age: (breast cancer, cervical cancer) 30% of the sum insured. Children under 18 years of age:

Children (leukemia, bone cancer) pay an additional 30% of the sum insured. The contract continues to be valid after the specific cancer is paid.

Mild cancer: 30% of the insured amount of carcinoma-in-situ and ** cancer, with a maximum benefit of 100,000 yuan, and the contract will continue to be valid after the payment for mild cancer.

**Premium: 20% of the sum insured will be paid once the cancer is diagnosed for 30 days, and 20% of the sum insured will be paid after one year of survival. A total of 5 years will be paid, up to 100% of the sum insured.

Waiver of premiums: One year after the contract is in effect, the premiums for each subsequent period after the occurrence of cancer will be waived, and the contract will continue to be valid.

Death benefit: The premium or cash value paid on death before the age of 18. After the age of 18, 105% of the premium paid or the cash value of the policy will be paid on death, and only one type of cancer benefit and death benefit will be paid.

Maturity Benefit: Premiums (without interest) paid for the main contract and the supplementary contract if no contracted cancer occurs by the end of the policy.

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

Insurance Liability. During the term of this additional contract, we assume the following insurance liabilities:

Cancer insurance benefits.

If the insured is diagnosed with cancer for the first time due to illness within one year from the effective date of this additional contract (or the final reinstatement) of this additional contract, we will pay the cancer insurance benefit according to the sum of the insurance premiums (excluding interest) of this additional contract and the main contract, and this additional contract and the main contract will be terminated at the same time.

If the insured suffers from an accident or is diagnosed with cancer for the first time due to illness after the effective date (or final reinstatement) of this additional contract, we will pay the cancer insurance benefit according to the basic insurance amount minus the carcinoma-in-situ insurance benefit paid, and this additional contract and the main contract shall be terminated at the same time.

Carcinoma-in-situ insurance benefits.

If the insured is diagnosed with carcinoma in situ for the first time due to accidental injury or illness after 1 year from the effective date (or final reinstatement) of this additional contract, we will pay the carcinoma-in-situ insurance benefit at the rate of 20% of the basic insurance amount, and this additional contract will continue to be valid.

The carcinoma-in-situ insurance benefit is limited to one time, and the maximum amount of the benefit is RMB 100,000.

Insurance premiums waived.

If the Insured is diagnosed with carcinoma-in-situ as specified in this Add-on Contract for the first time due to accidental injury or illness after 1 year from the effective date of this Add-on (or final reinstatement), we will waive the premiums of the Insured's premiums for each period of this Add-on and the main contract after the date of the initial diagnosis of Carcinoma-in-situ.

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

Hello, this question is up to me, 1. Of course, the cancer prevention insurance of Chinese Life can be refunded, and after the insurance contract is established, the policyholder can notify the insurance company in writing to terminate the contract, except that the insurance company has paid the insurance money according to the insurance contract. 2. The policyholder and the insured can choose to apply for insurance according to their actual needs and premium budget, or they can surrender the insurance according to their actual needs. However, if it is a cancer insurance product purchased on the policy, then most of them can be surrendered directly.

3. The insurance company will refund the unexpired net insurance premium within 30 days from the date of receipt of the supporting documents and information, and the dispute can be resolved through negotiation.

Peace and worry-free: If you pursue low prices, it doesn't hurt to choose this one, after all, the insurance age is relaxed, the coverage is lifelong, and the core protection is also available;

2. CPIC Love Worry-free: Although the compensation for special types of cancer is indeed very high, the insurance** is also relative, and the annual cost is nearly double that of the other two;

3. China Life Cancer Prevention Preferential Edition: First, this product is more flexible in the underwriting period, secondly, more underwriting responsibilities, and finally, it is also the point that consumers are most concerned about, is Chinese Life Cancer Prevention Insurance cost-effective? In fact, compared with the other two, this plan has a very high price, rich insurance responsibilities, and a really low payment.

Xi Caijun concluded: How about the cancer prevention insurance of Chinese Life, based on the above situation, this cancer prevention plan not only has a flexible underwriting period and complete protection, but also provides a maturity return function, which is suitable for people who want comprehensive protection and want to refund the premium.

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