Most people are very familiar with the insurance in the form of rebates. However, many people are always misled when purchasing critical illness insurance and cannot choose the right plan for them.There is no need to buy insurance in the form of rebates, and more than 90% of the traps can be avoided. But in daily life, people still have to buy this kind of insurance that "loses money when sick and repays the principal without illness". No way, blame the rebate insurance, which looks at people's weaknesses too fatally.
Return-type critical illness insurance is also in the same situation, if you suffer from a critical illness, the insurance company will reimburse you for the sum insured, but the money you buy will be earned by the insurance company; If you don't get seriously ill, the premiums you paid will be returned to you decades later, but insurance companies will invest the money for decades without losing the revenue generated. If buying insurance is a game, then the rules of the game are in the hands of the insurance company. And all the bets, only the dealer can eat everything, and it is always you who loses
The original intention of buying critical illness insurance is to prevent yourself from getting seriously ill, not to get your premiums back.Under the temptation of "getting the premium back", many people forget their original intentions and why they want to buy critical illness insurance.
So how do we choose a critical care insurance that suits us?
1. The sum insured and the payout ratio should be high
The purpose of purchasing critical illness insurance is to get adequate coverage in the event of a serious illness to ensure that you can get through difficult times. Therefore, it is important to make sure that the insurance has enough compensation to help you through this difficult time
The amount of a critical illness insurance claim is directly related to two factors:
(1) Basic sum insured: the higher the sum insured, the more compensation there will be;
(2) Compensation ratio: The higher the compensation ratio, the more compensation will be paid.
Among them, the sum insured is selected by ourselves and can be determined according to economic conditions.
(2): Additional benefits are only available for certain diseases
For this type of product, the first additional compensation for critical illness is only for some diseases, which is more harsh In the case of high incidence of cardiovascular and cerebrovascular diseases, to choose insurance with a large amount of compensation, in short, critical illness protection is very important, must try to achieve a high insurance amount, adults buy at least 300,000 ~ 500,000, minors insurance premiums are relatively cheap, it is recommended to buy enough 500,000, or even 800,000;
Insurance is protection in case of illness, not optional, and we should not be disturbed by the merchant to judge
