What are the benefits of insurance, and what is the difference between the benefit type and the reim

1. The nature is different.

Benefit-type insurance refers to insurance that does not depend on the occurrence of actual losses, and pays the insured according to the amount specified in the insurance contract as long as the conditions agreed in the contract are established; Reimbursement insurance is based on the condition of medical expenses caused by accidents or diseases, and the insurance company will compensate according to the prescribed proportion.

2. The amount of compensation is different.

Benefit-type insurance is a fixed proportion of the installation to compensate; Reimbursement insurance, on the other hand, compensates based on the actual expenses spent.

3. Different types of insurance.

The payment type refers to the type of insurance in which the insurance company pays the insurance money in a lump sum according to the insured amount agreed in the contract when the conditions agreed in the contract are met; Reimbursement type refers to the type of insurance that handles claims with medical invoices for the purpose of compensation for losses and reimburses medical losses.

Types of Benefit-based Insurance:

1. Life insurance: Typical benefit insurance, there are three types of life insurance currently available in the market: term life insurance, comprehensive life insurance and whole life insurance.

2. Health insurance: Critical illness insurance and hospitalization allowance insurance in health insurance belong to the category of benefit-type insurance.

3. Accident insurance: Accident insurance is also a kind of benefit-type insurance, and the insured amount of accidental death and disability of this type of insurance is usually paid in a fixed amount.

Benefit-based insurance includes critical illness insurance, life insurance, etc., and reimbursement-type insurance includes medical insurance, etc., and the difference between pay-type and reimbursement-type mainly lies in the payment method.

Next, the senior sister took critical illness insurance and medical insurance as examples, and briefly talked about the difference between payment and reimbursement insurance.

Critical illness insurance refers to the insurance that protects critical illness, which is a benefit type, once the insured is diagnosed with a critical illness or reaches the agreed surgical status, the insurance company will pay the agreed insurance money in a lump sum.

Medical insurance is an insurance that can be used to solve medical expenses caused by illness or accidents, etc., and it is a reimbursement type, which means that how much money is actually spent, within the insured amount, can only be reimbursed at most.

Although both critical illness insurance and medical insurance can cover illnesses, the benefits of the two do not conflict, but complement each other well.

On the one hand, the insurance money paid by critical illness insurance is not restricted, we can not only use it, but also make up for the loss of income during the illness and subsequent periods, or use it to pay for children's tuition fees, repay mortgages, etc.; On the other hand, most of the reasonable medical expenses can be reimbursed through medical insurance.

Obviously, the allocation of critical illness insurance and medical insurance at the same time can better transfer the risk of economic loss caused by illness.

Benefits: Life insurance, critical illness insurance, death benefit and disability benefit in accident insurance.

Reimbursement: medical insurance, accidental outpatient and emergency care, accidental hospitalization.

The payment type means that when the situation agreed in the contract is reached, a sum of money will be paid directly to the insured according to the amount of insurance agreed at the time of purchase.

The reimbursement type means that the expenses within the scope of insurance liability are reimbursed by the insurance company according to the agreed proportion.

For example, if a person purchases critical illness insurance with an insured amount of 500,000 yuan and medical insurance with a reimbursement ratio of 50,000 yuan, and unfortunately suffers from lung cancer after the waiting period and spends 40,000 yuan during hospitalization, then the insurance company will pay 500,000 yuan and reimburse 40,000 yuan for medical insurance at the same time. Hope.

Benefit-based insurance includes life insurance, health insurance, and so on. In addition, there is a difference in the payment method between benefit insurance and reimbursement insurance. Benefit-based insurance means that the insurance company will pay the insurance money in a lump sum according to the agreement if the conditions agreed in the contract are met.

Reimbursement insurance refers to the type of insurance that reimburses medical losses for the purpose of compensation for losses.

Benefit-based insurance products refer to the insurance company that will pay according to the insured amount stipulated in the contract when making a claim. For example, if the policyholder buys an insurance amount of 1 million, when the compensation standard is met, even if it only costs 500,000, the insurance company still pays 1 million, and the reimbursement insurance depends on how much the policyholder actually spends, and then reimburses the actual expenses according to the proportion specified in the contract.

Benefit-based insurance refers to the fact that when the insured has a situation agreed in the contract, the insurance company will pay the corresponding insurance money.

Benefit-type insurance belongs to the professional terminology of insurance, and more about the professional terminology of insurance, the senior sister has sorted it out in this article, and friends in need can check it by themselves: super complete! Everything you need to know about insurance is here.

At present, most of the critical illness insurance on the market is a benefit-type insurance, that is, if the insured suffers from the disease agreed in the contract, he can apply for a claim.

For example, after purchasing multiple critical illness insurance, as long as the claim conditions of multiple critical illness insurance are met at the same time in the event of an insured accident, you can get multiple claims at the same time.

However, if you purchase more than one critical illness policy from the same insurance company, there may be a limit on the cumulative policy maximum.

In addition, the reimbursement type of insurance is the counterpart of the benefit type insurance, which means that the actual expenses incurred are reimbursed according to the proportion agreed in the contract.

Nowadays, medical insurance is a more common reimbursement type of insurance, that is, when the insured suffers from illness, when he goes to the hospital, the insurance company will reimburse the expenses incurred due to the illness in accordance with the provisions of the contract, and the amount of reimbursement will not exceed the actual expenditure.

It can be seen that the biggest difference between benefit-based insurance and reimbursement-based insurance lies in the difference in compensation methods.

Regardless of whether you are insured with benefit insurance or reimbursement insurance, you must choose the right product according to your own needs.

Finally, the senior sister prepared an insurance strategy for everyone, and friends who don't want to fall into the pit in the insurance process should read it carefully: [insurance] which is good, how to buy it cost-effectively, and teach you to avoid these pits of insurance.

The characteristic of benefit-based insurance is that as long as Dahu gives in to the conditions agreed in the contract, the agreed amount will be compensated, and the insurance claim has nothing to do with the actual loss amount. Most people have life insurance.

All of them belong to the payment type of insurance to carry insurance, because the subject matter of life insurance is the life or health of the person, and after the risk occurs, it is based on the amount of insurance purchased.

Make a one-time sock payment.

Currently, the most common benefit-based insurance is critical illness insurance.

Life insurance, accident insurance.

Hospitalization allowance insurance, etc.

For example, Lao Wang bought a critical illness insurance with an insurance amount of 500,000 yuan, and unfortunately identified a malignant tumor in a certain part.

As long as the corresponding medical certificate is provided, even if Lao Wang only spent 100,000 yuan to see a doctor, the insurance company needs to give all the 500,000 yuan in compensation as agreed. Moreover, the insurance company has no right to interfere with how Lao Wang is using this compensation.

Test your anti-risk index, experts will interpret it for you for free!

Benefit-based insurance means that when the insured has a situation where the insured is not in agreement, the insurance company will pay the corresponding insurance premium. The money will not be restricted.

General term life insurance, endowment insurance, whole life insurance, and critical illness insurance are all benefit-based insurance. For example, in critical illness insurance, if you unfortunately suffer from a critical illness as agreed in the contract and meet the conditions for claims, the insurance company will pay the insured an amount agreed in the contract.

If you don't know much about some of the basic knowledge before buying Baonian wild insurance, you can also take a look at this article: Before buying insurance, you must first understand these key knowledge points!

Medical insurance is a reimbursement type, and the main role of medical insurance is to reimburse medical expenses. Critical illness insurance is a payout type, so how should you choose between the two? Click here to find out. "The difference between million medical insurance and critical illness insurance, which one should I buy? 》

Many people want to know which medical insurance is better, and if you want to buy medical insurance, then this comparison table of medical insurance must be useful for you:"2020 Domestic Hot Million Medical Insurance Points".

Medical insurance is reimbursable.

In general, it is advisable to purchase medical insurance before purchasing commercial medical insurance. Medical insurance is the most basic protection, there are almost no requirements for insurance, everyone can buy it, and it is very cheap. Commercial medical insurance is a supplement to medical insurance, and it can reimburse the part that cannot be reimbursed by medical insurance.

For example, high-end**, special**, and so on.

There are many types of medical insurance, and the common ones are three types: million medical insurance, hospitalization medical insurance, and cancer prevention medical insurance.

Let's talk about these 3 types in detail:

1. Million medical insurance

Million medical insurance is a product suitable for all ages, its premium is low, the reimbursement amount is high, and there is no limit to the types of diseases reimbursed, you can get millions of protection by paying a few hundred dollars a year, which is more cost-effective. In addition, it also has a very comprehensive coverage, such as bed fees, nursing fees, surgery fees, drug costs, material costs, etc., which can be reimbursed.

Here's a comparative analysis of some typical million-dollar health insurance:

Combined with **, a simple comment.

(1) Good medical insurance:6 years of guaranteed renewal, which is unmatched by many products. During these 6 years, the policy can be renewed unconditionally.

(2) Exclusive e-life:Added post-operative home care, oncology specialty services, and increased family sharing deductible options.

(3) Micro-medical insurance:The value-added service that includes the second international diagnosis and treatment is the feature of this one.

From the above content, we can know that each product has its own product characteristics, and when purchasing, you should choose according to your own needs.

In addition to these few medical insurance products, there are many million medical insurance products worth buying, you can click on the original article to view:"Super Conscience! These millions of medical insurance are really worth it

2. Hospitalization medical insurance

The main feature of this type of medical insurance is the low deductible and the low reimbursement amount. This kind of insurance is mainly used to reimburse outpatient clinics, and is generally suitable for babies under the age of 5 or the elderly. Because babies and the elderly are weak, it is easy to accidentally catch a cold or fever, relatively speaking, buying this insurance plays a greater role.

3. Cancer prevention medical insurance

Because the maximum age of most million medical insurance and hospitalization medical insurance is 60-65 years old, the older ones cannot be insured, and they can be insured for cancer prevention medical insurance.

Cancer medical insurance covers cancer, and the health requirements of this insurance are not as strict as other medical insurances, and the age of the policy is relatively wide. If you are elderly or in poor health and want to buy medical insurance, this is very suitable.

This kind of ** is greatly affected by physical fitness and age, here are a few cheap and high-quality cancer medical insurance, need to recommend collection:"Top 10 Popular Cancer Prevention Medical Insurance Plants for You! 》

Note that as long as we see the word "medical", we can know that it must be a reimbursement product. The reimbursement type is how much you spend, and the payment type is how much you buy. Just like the medical part of our social security, if something happens, it won't give you a bundle of money like critical illness insurance, but will be reimbursed according to your expenses under certain rules.

Generally, there is a minimum payment amount, the amount of reimbursement, the scope of reimbursement, and so on.

Benefit-based insurance is to pay compensation according to the insured amount agreed in the contract, regardless of the actual cost; Reimbursement insurance, on the other hand, is based on the actual expenses and the proportion agreed in the contract.

The amount of compensation varies. The reimbursement type is based on the event; Benefit-based insurance is a payout that can be paid as long as the insurance regulations are triggered, and the amount cannot be changed.

The payment type refers to the insurance that the insurance company pays the insurance money in a lump sum according to the insured amount agreed in the contract when the conditions agreed in the contract are met; Reimbursement type refers to the type of insurance that handles claims with medical invoices for the purpose of compensation for losses and reimburses medical losses.

Benefit-based insurance is commonly found in critical illness insurance.

Reimbursement-based insurance is more common than medical insurance.

The biggest difference between benefit-based insurance and reimbursement-based insurance is that the payment method is different.

Reimbursement insurance is mainly based on the actual cost of our medical expenses, which is reimbursed on a pro-rata basis according to the actual expenses incurred within the scope of coverage.

Benefit-based insurance means that the insurance company will pay the corresponding insurance money when the insured has the situation of dismantling the marriage as agreed in the contract. If you want to know more about insurance, you may wish to take a look at the following article:Ultra-complete!

Everything you need to know about insurance is here.

It is worth noting that the benefit-based insurance can purchase multiple insurance products, and if the agreed claim conditions are met, the claim can be repeated. Take critical illness insurance as an example, if you have purchased multiple critical illness insurance products, then, after the accident, multiple critical illness insurance products are eligible for claims at the same time, and you can get multiple claims at the same time. No matter how many insurance products you buy for reimbursement insurance, you cannot reimburse the same expense repeatedly.

In general, reimbursement insurance, such as medical travel insurance, can only be reimbursed for medical expenses within the scope of the contract within the insured amount and above the deductible, and the reimbursement will not exceed our expenses. Therefore, if you want to protect your friends more comprehensively, it is best to configure critical illness insurance and medical insurance products together, because critical illness insurance and medical insurance can complement each other. Want to know how to buy insurance?

It's best to take a look at the article below:Before buying insurance, you must first understand these key knowledge points!

Hope.