Can Little Umbrella Jiabei Children s Critical Illness Insurance cover lifelong?

Little Umbrella Jiabei Children's Critical Illness Insurance can be insured for life. Jiabeibao is a children's critical illness insurance underwritten by Hengqin Life Insurance Company that can be supplemented with children's special diseases and rare diseases. Hengqin Life Jiabei Insurance has a flexible protection period, and you can freely choose whether it is a term protection or a lifetime protection.

Before discussing the advantages and disadvantages of Hengqin Life Jiabei Insurance, let's take a look at the protection content of Hengqin Life Jiabei Insurance:

1.Advantages of Hengqin Life Jiabei Insurance:

1) Flexible coverage period.

Hengqin Life Jiabei Insurance can be selected for a fixed term, with a guarantee of years; Lifetime coverage is also optional.

The maximum payment period will also vary depending on the length of coverage, and the maximum is 20 years or 30 years.

2) In the first 10 or 20 years, 60% more compensation will be paid for critical illness

At present, many critical illness insurance companies on the market have additional compensation for critical illness, and Hengqin Life Jiabei Bao can pay an additional 60%, which is also very high, and there are two situations according to the different protection periods.

Term of Insurance: 160% of the Basic Sum Assured if you suffer from a critical illness in the first 10 years;

Lifetime Protection: 160% of the Basic Sum Assured for the first 20 years of critical illness.

3) Good protection for children's special diseases.

There will be a lot of high-incidence critical illnesses in childhood, for this part of the disease, if you suffer for the first time, you can also pay an additional amount of money, please see the table below:

It can be seen that Hengqin Life Jiabei Bao is slightly better in terms of protection for children's special diseases.

16 kinds of high-incidence children's special diseases are covered by Hengqin Life Jiabei Insurance. If you suffer from 13 of them, you can get a total of double the sum insured, which is still very good.

However, it should be noted that the specific age of payment for Hengqin Life Jiabei Guarantee Children's Special Illness is before the age of 20. That is to say, it is only valid before the age of 20, and Fosun United Mami Baobei, which has always been known as the most cost-effective, has no age limit.

Yes, Little Umbrella Jiabei Children's Critical Illness Insurance not only can be insured for life, but the maximum insurance amount is 600,000, but it depends on personal needs.

1. 60% of the sum insured will be given for the first 10 years and 20 years, with higher leverage for the age group with high incidence of children's critical illness2, the compensation ratio for specific diseases for children is as high as 150%, and the leverage for children's high-incidence critical illness is high3.

4. If there are many claims for mild and moderate symptoms, the sum insured will increase.

There are still a lot of highlights.

1. 60% of the sum insured will be given for the first 10 years and 20 years, and the leverage will be higher in the age group with high incidence of children's critical illness.

2. The compensation ratio for specific diseases in children is as high as 150%, and the leverage of children with high incidence of critical illnesses is high.

3. You can choose the second and third protection for critical illness, the policyholder waiver, and the insurance for both, and you can flexibly adjust the protection plan according to your specific needs.

4. If there are many claims for mild and moderate symptoms, the sum insured will increase.

Jiabei Bao is an Internet celebrity product in children's critical illness insurance, and it is a children's critical illness insurance underwritten by Hengqin Life, so what is the reason for the hot sale of this product? Daddy will take you to see what the protection content and advantages and disadvantages of this product are?

1. Guarantee content

According to the different protection periods, there are two versions of Hengqin's Jiabei Insurance, the premium version and the supreme version. In the case of the premium version, you can choose 20 25 30, and the maximum payment period is 20 years. The Supreme version is guaranteed for life, and the maximum payment period is 30 years, and the leverage is a little higher.

Critical illness benefit: Covers 112 critical illnesses and pays 100% of the basic sum assured. Additional payouts are also available.

If you choose term protection, if you suffer from critical illness for the first time before the 10th policy, an additional 60% of the basic sum assured will be paid. If you choose the Whole Life Protection, an additional 60% of the Basic Sum Assured will be paid before the 20th policy.

Moderate Illness Benefit:For 25 types of moderate diseases, two claims will be paid twice without grouping, and % of the basic sum insured will be paid in turn, and there is no interval between the two claims.

Minor Illness Benefit:There are 50 types of mild diseases, which are also not grouped, there is no interval, and 3 claims are paid, and % of the basic sum insured is paid in turn.

Additional Liability: 2nd & 3rd Critical Illness, Pediatric Specific Illness and Rare Disease Benefit.

2. What are the highlights?

1. Additional benefits for critical illness.

2. Children's high-incidence critical illnesses have wide coverage and a large proportion of compensation.

3. High incidence and mild symptoms are covered.

10 types of high-incidence and mild diseases are included, among which minor strokes and moderate burns are paid according to the sum insured for moderate diseases.

Daddy concluded:If you want to pursue the overall coverage amount, this product is a good choice, and the protection is relatively comprehensive, and it is a children's critical illness insurance with high comprehensive cost performance.

A total of 112 critical illnesses are insured, and 60% of the sum insured is given for the first 10 years and 20 years, and the leverage is higher in the age group with high incidence of critical illness in children!

Jiabeibao is a critical illness insurance for children, which can be insured from 0 to 17 years old, covering critical illness, moderate illness, mild illness, and multiple claims for children's special illness and critical illness, providing comprehensive and flexible protection. A more specific assessment can be: "How about Hengqin Life Jiabei Insurance?

Is there comprehensive protection for children? In-depth evaluation and analysis

Let's analyze the advantages and disadvantages of Jiabeibao to see if it is reliable.

Pros:

1.Short waiting period

The waiting period of Hengqin Jiabeibao is 90 days, while the waiting period for children's critical illness insurance on the market is 180 days, which means that Hengqin Jiabeibao has half the protection period compared with these products.

Because of the low immunity of children, they are easily affected by the environment to induce diseases, which shortens the waiting period, and the protection for children is longer, and parents do not have to worry for a long time in case of insurance during the waiting period and cannot get compensation.

2.More flexibility in the duration of coverage

As mentioned above, according to the different coverage periods, it is divided into Premium Edition and Supreme Edition.

Choose the Premium Edition, which means that you will be guaranteed for life, and you will enjoy 160% of the benefit for 10 years more than the Premium Edition, and 160% of the sum insured will be paid within the first 20 years of the policy.

Generally, critical illness insurance products rarely divide the amount of compensation according to the protection period, and Hengqin Life's "alternative" approach, well! It can only be said that it is worthy of Hengqin Life.

3.More comprehensive protection for children

In addition to agreeing to pay 160% coverage for 112 critical illnesses, optional liability raises the protection of the whole product to another level.

The increase in multiple claims for critical illness has turned a single-claim critical illness insurance into a multi-claim critical illness insurance.

Rare children's diseases make the coverage more extensive, and the amount of compensation is not stingy at all.

If the policy is insured 10 years before the policy, and before the age of 20, the child suffers from a rare disease, then the final benefit is as high as 360%.

Cons:

1.Pediatric diseases and rare diseases limit age

This optional liability, whether it is a pediatric illness or a rare disease, restricts the additional benefit if the contracted illness occurs before the age of 20.

In fact, many children's diseases are latent at a very young age, without any symptoms, and they erupt as they grow older.

It is inevitably a bit too early to limit before the age of 20, like Fosun Mommy Baobei, there is no limit, but the compensation amount is slightly lower than that of Hengqin Jiabei Bao.

2.No loyalty to customers

The so-called loyal customer rights and interests mean that even if there is a slight physical problem, you can also apply for the company's other critical illness products, free of health notification and waiting period.

Children have low immunity and are susceptible to diseases, and it is sometimes difficult to inform them of their health through insurance products.

For example, Mommy Baobei and Sunny Day Insurance have customer loyalty rights and interests, which is convenient for the insured to apply for other critical illness products of the company.

On the whole, the protection is very good, the premium is not expensive, additional children's special diseases, choose to insure for 30 years, buy 500,000 insurance amount, ** is also relatively cheap, if you pursue comprehensive children's disease protection, high compensation ratio, cost-effective children's critical illness insurance, this is worth considering.

Waiver means premium waiver, which brings great benefits to consumers and can minimize the financial burden on families. Friends who are interested in the knowledge of exemption can take a look at this article:What is Premium Waiver and What Are the Benefits?

Do I have to choose insurance when buying it? 》

Premium waiver means that during the premium payment period specified in the insurance contract, when the policyholder or the insured meets the exemption conditions, such as serious illness, mild illness, death, etc., the subsequent premiums are not paid, and the policy is still valid.

The premium waiver is available to both the policyholder and the insured。I made a diagram of their differences:

Generally speaking, the Insured Waiver is included in the product, and the Insured Waiver needs to be added separately. It is best for parents to attach an exemption to the policyholder when they are insuring their children and husband and wife to insure each other.

If it is necessary to attach the policyholder exemption, the policyholder and the insured, the health notice must be done, and the premium waived by the policyholder is not high, and the underwriting is generally not supported, and the health notice will be stricter than the insured's health notice. On how to better cope with health information, I have a very detailed guide here, take it away, thank you:What are the tips for health notification when applying for insurance?

The knowledge point of premium waiver must be thoroughly understood before buying insurance, and there are some other knowledge points that must be clear before buying insurance, and I will share it with you:"Before buying insurance, you must first figure out these key knowledge points! 》Hope!