Does critical illness insurance protect death or not life, and what diseases are generally not cover

First of all, critical illness insurance is certainly not an insurance product that "protects life but not life". If you really want to judge "life" and "death", critical illness insurance should also be regarded as an insurance product that can protect both life and death (but its protection content is certainly different from what we call "life and death" insurance), of course, the premise is that this critical illness insurance comes with death liability or can be attached to death liability.

1.What is critical illness insurance?

Critical illness insurance is an insurance product that can help you transfer the economic risk caused by critical illness, and when the insured meets the critical illness payment conditions stipulated in the contract, the insurance company will pay the corresponding critical illness insurance benefits. This money can be used as a medical reserve to treat the insured person's illness and to compensate for the shortfall in family income caused by the recuperation period. You can read the following article to learn more about critical illness insurance:

Which is the best critical illness insurance, how to buy it cost-effectively, and teach you to avoid these pitfalls of insurance.

2.Should I buy critical illness insurance with death liability?

If you are in a good financial situation, it is generally recommended to bring death liability when buying critical illness insurance. This is to prevent future disputes with insurance companies. It is important to know that some critical illnesses will only be paid when the condition is reached, and if the insured person dies before the illness reaches that status, the insurance company may refuse to pay the claim.

But if death liability is attached, then the insurance company must pay for it. For details, please see this article: Can you buy insurance without death?

Too naïve, right?

Finally, considering that many friends don't know which critical illness insurance is better to buy, Senior Sister has found a few products worth buying, you can refer to them: Top 10 popular critical illness insurance points worth buying!

Critical illness insurance is not a guarantee of death or life, because critical illness insurance is a health insurance, which protects the state of the insured when he or she "survives".

It is to protect life or not life, limit the characteristics of critical illness, limit the best way, and pay until you are about to die. It's better to save more money! Brothers.

No, Ping An Fu 2016 Critical Illness Insurance is guaranteed for life. There are two possibilities for people to get old, one is to get seriously ill and the other is to get old. But now most people are seriously ill and gone.

Insurance is good, as long as you buy the right insurance for yourself is the best protection.

When buying critical illness insurance, some people may still have such questions, he said: "I read the insurance contract, those critical illnesses are almost the same as death, and getting it is equivalent to a death sentence." Critical illness is actually a guarantee of death but not illness, does that mean that as long as you buy whole life insurance, wait for the death to leave a sum of money for the family?

This statement seems to make some sense, but it is actually a wrong way of thinking. Why? In real life, we will find that the rate of breast cancer and thyroid cancer is still quite high, and major diseases do not mean that the death penalty is pronounced.

With the development of science and technology, medical technology is also changing with each passing day, and the survival rate of patients with critical diseases is getting higher and higher, but the medical cost is also very expensive. For example, the survival rate after heart bypass surgery, breast cancer and thyroid cancer are relatively high. Some anti-cancer people said that "70% of cancer patients are scared to death, 20% are cured, and 10% are dyed of disease."

Why does cancer scare people to death? The main thing is the huge medical expenses, and if you buy enough critical illness insurance, you will not have this fear, which is even more helpful. People need insurance not only because we're going to die, but because we want to live.

The fundamental purpose of critical illness insurance is to provide financial help to the insured who suffers from critical illness, so as to reduce the huge damage and psychological pressure caused by critical illness to personal and family finances.

It is our right to live healthily in this life, even if we are sick, we must try to live; Even if Nawei can't survive, it is our responsibility to let our family live well. By what? In fact, critical illness insurance is a great invention in modern society.

To buy critical illness insurance, the first thing is to strive for a chance of survival; The second is to reduce the economic losses to the family. Therefore, even after death, insurance benefits are crucial for families. Because critical illness can generally greatly damage the financial health of a family, and insurance payouts are to make up for this loss, giving the family a chance to survive and dignity.

Have suffered from a critical illness or high blood pressure as agreed in the critical illness insurance.

Heart disease, diabetes.

Coronary heart disease, overweight and other diseases may be required to increase the premium or refuse to cover when applying for critical illness insurance. Because this kind of disease may cause serious illness, or even have a critical illness**, insurance companies will refuse to apply for insurance for patients with these diseases in order to control the risk.

Extended information: Critical illness insurance refers to the insurance company that is operated by the insurance company for specific critical diseases, such as malignant tumors.

When myocardial infarction, cerebral hemorrhage, etc. are risks, the insurance company pays the insurance money according to the insurance contract when the insured reaches the critical illness status agreed in the insurance clause.

Term insurance: Critical illness protection is the main insurance, which is given for a certain period of time, and generally adopts balanced premiums. The maximum coverage period of this type of critical illness insurance is 30 years, and if you buy it at the age of 20, you can only protect it until you are 50 years old, and if you buy it at the age of 30, you can only protect it until you are 60 years old.

It should be noted that although this kind of insurance is the main insurance, it is also a consumer type, and the premium cannot be refunded if there is no claim.

Whole Life Insurance: Whole life critical illness insurance provides lifelong protection to the insured. There are two forms of lifetime protection, one is critical illness protection for the insured until the death of the insured; The other is that when the insured survives to the limit age agreed in the contract (such as 100 years old), the insurer pays the insurance money equal to the amount of critical illness insurance, and the insurance contract is terminated.

Generally, whole life critical illness insurance products will include death insurance liability, and the rate is relatively high due to the greater risk.

Additional Benefit Insurance:

You need to purchase other primary insurance plans at the same time, such as whole life insurance at the same time.

Or pension insurance.

It is a consumer-based type of insurance, and the natural rate design is more common. That is, only three or four hundred yuan is required for the age of 30, and the payment will exceed several thousand yuan every year after the age of 60, and the premium cannot be refunded when no claim occurs. The death benefit is based on the sum insured of the main policy.

Claims are made.

Early Payment Insurance:

It is necessary to purchase other main insurance at the same time, most of which are limited to whole life insurance at the same time (the kind of insurance that the insured cannot get money while he is alive is called whole life insurance), which belongs to consumer insurance. The death benefit is also based on the sum insured of the main insurance.

Here, whenever you see an additional critical illness with the words "early payment", you need to understand that it has a very significant feature - once a claim occurs for an additional critical illness, the sum insured of the main insurance must be subtracted from the claim amount accordingly. For example, if you apply for 200,000 whole life and pay 100,000 yuan for critical illness in advance, if you get 100,000 yuan in critical illness claim, the whole life will be subtracted from the 100,000 yuan that has been claimed, from 200,000 yuan to 100,000 yuan. If the whole life and additional advance payment are each insured with 100,000 yuan, once a critical illness claim occurs, the main insurance will be reduced to zero, and the insurance contract will be terminated.

That's why it's called Critical Illness Selection, and it's to give your children a kind of protection at the end of your life, so that the pressure on your family is not particularly great.

This can be traced back to the AIA critical illness incident in 2005, the fundamental reason is still driven by interests, and the current insurance industry has long been rectified and does not exist the phenomenon of life protection.

The insurance we buy is actually a kind of back-up operation, and no one wants this to happen, but buying this insurance will be to prevent this accident from happening.

In layman's terms, the sum insured is the amount of insurance paid by the insurance company after an accident. When encountering different insurance products, the choice of the sum insured makes many people very distressed, you might as well take a look at this article to learn:How much insurance is appropriate?

Let's talk about the doorway inside

Does critical illness insurance not cover the sum insured in a lifetime? It depends on what product you are buying. It is recommended to have a detailed understanding of the sum insured before buying critical illness insurance, and if you are interested, you can read below:

The guaranteed rating should be reasonable, and it is not good to be too high or too low.

1.The sum insured is too high:The higher the sum insured, the more money you have to buy insurance, and paying too much premium will increase the family's financial expenditure and become a burden, which is not necessary at all.

2.The sum insured is too low:It can't resist the damage caused by risk. Generally speaking, the average cost of critical illness is 300,000 yuan, and if you only buy critical illness insurance with an insurance amount of 100,000 yuan, the problem solved is insignificant.

Many people ask about the choice of coverage for critical illness and accident insurance。So how much should you buy for these two types of insurance? Let me briefly analyze it:

1.Critical Illness Insurance:The average cost of a serious illness** is 300,000 yuanTherefore, it is necessary to buy at least 300,000 yuan of insurance to workIf it is a first-tier city, the cost of living is high, and the insurance amount should also be increased to 500,000.

If you are mainly responsible for supporting your family, plus the loss of income for 3 to 5 years, you can reduce the pressure on the family's financial life during the ** period.

The following are the 10 most cost-effective critical illness insurance policies that I have selected from more than 100 after a lot of comparisonTop 10 [Cost-effective] Popular Critical Illness Insurance Points! 》

2.Accident Insurance:If the safety factor of the working environment is high, it is recommended that the insurance amount is 300,000; If it is an outdoor job or a frequent business trip, the risk factor of the working environment is relatively large, and the recommended amount is set at more than 500,000 yuanAccident insurance with public transport is preferred

Understanding the choice of the sum insured is also a must-do homework before buying insurance, and then share some knowledge points that must be clear before buying insurance:"Before buying insurance, you must first figure out these key knowledge points! 》

Depending on the type of critical illness insurance you purchase, critical illness insurance can be divided into consumption-based critical illness insurance, savings-based critical illness insurance, and return-based critical illness insurance. Consumption-based critical illness insurance is non-refundable and the cash value is usually low. Savings critical illness insurance is an additional death benefit than consumer critical illness insurance, which is also non-refundable, but in the unfortunate event of death, there will be a payment that can return the premium or the sum insured.

The returnable critical illness insurance can be returned, and if there is no insurance at the expiration date, it can be returned, usually the cash value or the premium of the maturity rebate is returned.

Under the new regulations, we have evaluated more than 1,000 critical illness insurance products and selected the best 10 critical illness insurance products on the market. New Definition of Critical Illness Rankings Announced! The first place turned out to be it!

It depends on how old you have been buying. If there is a premium for 10 years and 20 years, the insurance will not be taken within 20 years, and the principal + interest will be returned at maturity. If it is guaranteed for life, critical illness is generally attached to the life insurance, and after the death of the insured, the life insurance amount is left to the insured's children.