What insurance is better for the elderly

Hello! For the elderly, it would be better to have products that mainly cover illness and accident coverage.

If you don't know what insurance products to buy for the elderly, you can click to make an appointment for 1-to-1 insurance planning services.

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1. Medical insurance.

Most elderly people are not in good health, such as high blood pressure.

For the elderly with chronic diseases, you can consider cancer prevention medical insurance, and only reimburse for cancer.

Associated medical expenses.

If the elderly are in good health, they can consider millions of medical insurance, which does not limit illness, as long as the reimbursement regulations are met, and the deductible of 10,000 yuan will be deducted.

After that, you will be able to get 100% reimbursement.

However, the health notice of the million medical insurance is very strict, and the requirements for physical conditions are very strict.

2. Accident insurance.

The elderly will have difficulty moving due to the decline in physical function, and it is likely that the fracture will be caused by slipping.

There are a lot of bumps and bumps in the usual times.

Therefore, an accident insurance for the elderly can resist the risks caused by accidents, and can protect accidental medical treatment, accidental disability and accidental death caused by accidents.

3. Cancer insurance.

Cancer insurance is a kind of insurance that pays a lump sum of money as long as you are diagnosed with cancer, which is different from cancer medical insurance.

The threshold for cancer insurance is relatively low, and once the elderly are over 60 years old, it is difficult to buy millions of medical insurance and critical illness insurance.

Cancer insurance can support up to 75-year-olds to apply for insurance, which is more suitable for the elderly.

In general, disease risk and accident risk are what we need to focus on, so let's take a look at what insurance products are suitable for the elderly to buy.

1. Accident insurance: the elderly have osteoporosis, and many of the elderly are also empty nesters, and it is not clear if they fall.

2. Million medical insurance: If you are in good health, your age is in or the only difference is that your parents are already 60 years old, and you can't buy millions of medical insurance, and the general medical insurance is purchased before the age of 60.

3. Cancer insurance: If the elderly are not in good health and have chronic diseases, it is not possible to buy medical insurance, so you can consider cancer prevention insurance and cancer prevention medical insurance.

4. Others: If you are too old, 80 years old, or have a great physical illness, and any commercial medical insurance and cancer prevention insurance do not meet the requirements, you can consider Huimin Insurance.

Extended information: Insurance is the basic means of risk management (under the conditions of market economy), an important pillar of the financial system and social security system, and also an act of paying insurance money to the insured when the conditions of the contract are met (when the contract agrees that the accident may occur due to the property loss caused by its occurrence, or when the insured dies, is disabled, sick or reaches the age and time limit agreed in the contract).

Insurance, economically, is a financial arrangement for apportioning accident losses, legally it is a contractual act in which one party agrees to compensate the other party's losses, socially it is an integral part of the social and economic security system, and risk management is the basic method.

Function. 1. There must be risks in insurance. The purpose of establishing an insurance system is to deal with the occurrence of specific dangerous accidents, and there is no insurance if there is no risk. In order to apply the principle of large numbers, the risks that may benefit are not insurable, so commercial insurance institutions generally do not cover such risks.

2. Insurance must provide financial compensation for losses caused by dangerous accidents. The so-called economic compensation means that this compensation is not to restore the destroyed original thing, nor to compensate in kind, but to make monetary compensation.

Therefore, the loss caused by the accident must be economically valuable. In life insurance, the value of the person itself cannot be calculated, but the labor of the person can create value, and the death and disability of the person will lead to the loss of the labor force, so that the income of the individual or his family will decrease and the expenses will increase, so the life insurance is to make up for the increased economic burden with economic compensation or payment, and it is not to ensure that people recover the lost labor force or life.

3. Insurance must have a mutual aid relationship. The insurance system is a method of spreading losses among many units to reduce the losses of disaster-stricken units. Through insurance, the policyholder pays the insurance premium together, establishes the insurance compensation**, and obtains the protection together.

4. The contribution of the insurance must be reasonable. The compensation of the insurance** is shared by the person participating in the insurance, and in order to make the burden fair and reasonable for everyone, it is necessary to calculate the contribution scientifically.

To buy insurance for the elderly, you first need to buy medical insurance: as you get older, your physical fitness deteriorates, and you spend a lot on medical care. Buy accident insurance:

Mobility is impaired due to old age, and there is a high possibility of accidents. Buy cancer insurance: The elderly have a higher risk of cancer, and the cost is high, so it is difficult to buy critical illness insurance.

The insurance conditions for cancer prevention insurance are relatively relaxed, which is suitable for the elderly to apply for insurance and solve the problems caused by cancer. We try to buy insurance plans when you are young, because there are many restrictions when you are older, and the premiums are relatively expensive.

The function and significance of insurance mainly lies in the fact that it can provide necessary protection, carry out risk planning, rationally allocate funds, and have leverage.

1. Provide necessary protection: insurance can provide protection for common accident, health, death and other risk factors, which can reduce risk losses and effectively resist risks;

2. Carry out risk planning: Individuals or families can use insurance tools to plan their lives and transfer possible risks in advance;

3. Reasonable allocation of funds: insurance has a certain investment nature, and can be passed on by designating beneficiaries, which is a tool for allocating funds;

4. Leverage: Insurance can exchange a relatively small premium for a higher sum insured, which is leveraged and can enable the insured to obtain better protection.

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1. Social endowment insurance

Endowment insurance, the full name of social basic endowment insurance, is a social insurance system established by the state and society in accordance with certain laws and regulations to solve the basic life of workers after reaching the working age limit for releasing labor obligations stipulated by the state, or after retiring from labor positions due to old age. It is an important part of the social security system and one of the most important types of social insurance. The purpose of endowment insurance is to ensure the basic living needs of the elderly and provide them with a stable and reliable life**.

2. Social medical insurance

Social medical insurance is a social insurance system established by the state and society in accordance with certain laws and regulations to provide basic medical needs for workers within the scope of protection in case of illness. of our country. Social medical insurance consists of three levels: basic medical insurance, large-amount medical assistance, enterprise supplementary medical insurance and individual supplementary medical insurance.

It is a medical insurance system that is enforced by the state through legislation, and employers and individuals pay insurance premiums according to a certain percentage, establish social medical insurance, and pay for employees' medical expenses. The elderly are in poor health, and it is no longer a problem to see a doctor and take medicine with medical insurance.

3. Health insurance

With the increase of age, especially after entering the old age, people's body muscle has undergone great changes, the vast majority of people's health status has been much worse than before, the possibility of their own disease is greater, is the disease, death of the frequent group, according to statistics, the proportion of the elderly is about twice the average level, due to this, medical expenditure has become an important expenditure for the elderly, according to the survey, in addition to daily consumption, general health care accounts for about 40% of the monthly expenditure.

Therefore, it is very important to purchase a health insurance. Health insurance has medical insurance, sickness insurance, income protection insurance and long-term care insurance, according to the development of insurance in China and the characteristics of the elderly, more suitable is hospitalization medical insurance and critical illness insurance. However, because the general law of insurance is that the younger the person pays the lower the premium, the higher the amount insured, and the older the person, the more premium paid, the lower the amount insured, some insurance because of the age of the policy, there will be a "upside-down" phenomenon between the premium and the amount insured, that is, the premium paid may exceed the amount insured, especially critical illness insurance.

Based on these circumstances, for the vast majority of the elderly, it is more appropriate to purchase hospitalization medical insurance or comprehensive medical insurance. Medical insurance can be purchased separately or as an additional insurance, which is generally a consumer insurance, which mainly covers the reimbursement of expenses incurred due to hospitalization due to accident or illness, and generally pays a fixed amount of daily insurance benefits for hospitalization.

After reading the detailed introduction of the above article, everyone should have a very clear understanding that the elderly should generally do a good job in social insurance when buying insurance, and then consider commercial insurance, especially medical insurance.