Is it necessary to buy critical illness insurance for people over 40 years old who are so expensive?

People over the age of 40 do not need to buy critical illness insurance.

And it is highly recommended to buy it by all means! Although the cost performance may not be as high as when you were younger, it is still more expensive than a major illness.

The huge ** fees, leverage still exists.

First, let's understand the role of critical illness insurance

Critical illness insurance covers malignant tumors.

After the waiting period during the insurance period, once the initial diagnosis of the disease agreed in the insurance contract is made, the insurance company will follow the agreed insurance amount.

Reimbursement is made regardless of the actual medical expenses.

This money can be used to treat diseases, or it can be used to make up for lost income or expenses, without using family savings. As we all know, the reason why critical illness insurance is terrible is that it is life-threatening and expensive for medical treatment, often hundreds of thousands or even millions, and the follow-up cycle is long, and patients cannot work and live normally for a long time, which has a great impact on the whole family.

Is it necessary to buy critical illness insurance at the age of 40?

Understand everyone's thoughts, 40 years old is indeed a more embarrassing age, when you are young, you are healthy, critical illness insurance is not only cheaper, but also has fewer insurance restrictions, and you have passed the health watershed of 40 years old.

The incidence of major diseases such as cancer has increased significantly, and critical illness insurance has not only become more expensive, but also has a great impact on the insurance of critical illness insurance if some common diseases are detected in the physical examination.

However, after the age of 40, more need insurance protection than young people, at this time is in the critical period of family responsibility in life, parents are still alive, children are minors, once unfortunately suffer from a major illness, especially the pillar of the family, will cause significant damage to the family economy: income termination, high costs, long period.

Configuring critical illness insurance in advance can help resist the risk of serious illness and avoid the family being dragged down by serious illness! Sum insured.

Suggestion = critical illness ** expense + income for about two years, so that you can not only treat the disease, but also get income compensation.

If you can't buy critical illness insurance after the age of 40 due to health problems, it is recommended that you apply for insurance like this:

1. Accident insurance

Accident insurance is the most basic policy, its role is when the accident comes, can minimize the degree of injury, especially for young people aged 25 or 40, the old, the young, accident insurance is a must-have, the leverage is very high, spend a few hundred dollars to get millions of protection, and the premium will not increase with age.

2. Medical insurance

If you can't buy critical illness insurance due to physical reasons, you can't buy medical insurance, because the health notice of medical insurance is more stringent.

But you can consider cancer prevention critical illness insurance or cancer prevention medical insurance, which only covers cancer, which is relatively cheap, and has little restrictions on physical health

Diabetes. Patients can also be insured.

If you choose between medical insurance and critical illness insurance, it is recommended that you take out medical insurance, the premium will be cheaper, and with social security, basically the hospitalization medical expenses can be reimbursed.

Class Notes:

All in all, the probability of suffering from critical illness over 40 years old is relatively high, and it is more necessary to buy critical illness insurance.

Hello! The biggest role of critical illness insurance is not only to lose money to treat the disease, but more importantly, to make up for a series of economic losses caused by critical illness.

When the insured suffers from a critical illness as agreed in the contract, the insurance company will pay the agreed proportion of the insurance benefit.

In short, if you get seriously ill, the insurance company has to pay money.

How much do you lose? It can range from one or two hundred thousand to millions.

And this insurance money, of course, does not have any restrictions on its use. It can not only be used for sickness expenses and aftercare expenses, but also for paying off housing and car loans, or for children's education, or for family daily expenses.

It can be said that critical illness insurance is an excellent financial tool to help us transfer the risk of critical illness.

Whether it is the elderly, children, or people who earn money to support their families, for every family member, critical illness insurance is the indispensable and core protection of all insurance products.

If you don't know which product to buy, you can click to make an appointment for a 1-to-1 insurance planning service.

Deep Blue Insurance Dedicated Insurance Brokers will provide you with professional advice.

If you are in your 40s, it is recommended to apply for critical illness insurance products, and if your physical condition does not meet the insurance requirements of critical illness insurance, you can also consider cancer insurance products with a lower insurance threshold.

In addition, it is also recommended to configure other protection insurance if conditions permit, if you are interested, you can see: what is the difference between critical illness insurance, medical insurance, accident insurance, and life insurance? Will there be a conflict when making a claim?

You must know that according to the statistics of the China Banking and Insurance Regulatory Commission, the incidence of the 28 most common critical illness insurance shows a linear trend after the age of 60.

Once unfortunately suffering from a serious illness, the cost of tens or hundreds of thousands of dollars will cost more than 100,000 yuan for the light, and millions of dollars will cost for the heavy, which is difficult for many ordinary families to afford.

And if the breadwinner of the family unfortunately suffers from a serious illness, the whole family will lose at least 3-5 years of major economic income**.

However, in the case of critical illness insurance, if the insurance is out and the claim conditions are met, you can make a one-time claim of hundreds of thousands of insurance benefits (depending on how much insurance you have bought), and you can help the patient's family get through this difficulty as much as possible.

Therefore, if conditions permit, you can still try to allocate a critical illness insurance to yourself to transfer the family economic risk caused by critical illness.

If you want to know how to choose critical illness insurance, you can see: a good critical illness insurance looks like this! You've been lied to for so many years.

Of course, if you have some minor problems and cannot apply for critical illness insurance, you can also consider cancer insurance with a relatively low threshold.

Although cancer insurance has relatively low premiums and relatively low insurance thresholds, it can protect against malignant tumors with the highest incidence of critical illness. If you are unable to apply for critical illness insurance, it is still recommended.

If you want to know more about cancer insurance, you can take a look: what is cancer insurance, how to buy, which is good, comprehensive analysis, comparative evaluation.

Critical illness insurance is a type of insurance that transfers the risk of critical illness, and the risk of critical illness increases as you age.

Therefore, the older you are, the higher the ** of critical illness insurance, so is it necessary to buy critical illness insurance over 40 years old?

The answer is yes, because the older you get, the higher your risk.

According to the current composition of the labor force in our country, before the age of 60, individuals are the main economic providers of the family, if there is no critical illness protection in the 40s, once sick, how to raise medical expenses? How to solve the expenses of the family?

Therefore, even if the critical illness insurance is higher at this time, it should be configured.

If you still have questions, you can consult your dad directly.

It is still necessary to buy critical illness insurance for those over 40 years old.

People over the age of 40 still have a certain amount of insurance leverage to buy critical illness insurance, and there is less premium inversion, so critical illness insurance is still worth buying.

And as people over the age of 40 tend to be at higher risk of critical illness. Critical illness can cause more financial losses than we need to pay in premiums, and critical illness insurance can often help us alleviate the financial stress caused by critical illness. Therefore, it is very necessary for people over the age of 40 to take out critical illness insurance.