Requirements for health insurance? Is it to be insured with knowledge before illness? Is it to have the money to pay for treatment after the illness? Is it to have the money to pay for the sickness and death? These three requirements are subdivided into critical illness! Casualty! Medical! All policies at ...... won't let you sort them out! You will be tricked into paying money, and the payout should be less!

Critical illness insurance is preferred, followed by medical insurance.

Critical illness insurance: the mainstream products of critical illnesses multiple payouts, covering minor illnesses, moderate illnesses responsibility, light and moderate critical illnesses are exempt from premiums, with malignant tumors second payout, the interval period of 3 years, it is better.

If the conditions allow, of course, choose the whole life type, because no one knows when the risk of disease will occur, the older the risk is also higher. If the financial pressure is high, in order to save the budget, you can consider the term consumption type critical illness insurance

It is recommended that critical illness insurance be paired with a one-year medical insurance policy for more comprehensive coverage. In the event of a critical illness, you get a double claim that addresses both the medical expenses and the termination of income.

Hello! Health insurance is categorized into medical insurance and critical illness insurance! Let's start with a brief explanation of the functions of the two types of insurance.

1、Medicare is a medical expense reimbursement type of insurance, how much you spend, how much you are reimbursed. It is also a supplement to social security. According to your medical needs, you can choose separate hospitalization liability, or additional outpatient liability, or choose to visit the general department of public hospitals, or visit the international department of public hospitals, or directly choose to go to private hospitals, to finalize the choice of products.

However, the most basic recommendation is to choose a Million Dollar Medical hospitalization medical insurance policy with a high hospitalization limit, unlimited social security coverage, and very low premiums. Because medical insurance is usually a one-year product, it is usually purchased on a yearly basis. There are a few medical insurance policies that guarantee renewal for 5 or 6 years.

2. Critical illness insurance is a payout type of insurance. It determines the claim conditions for the diseases in the contract, and pays out the insured amount and related liabilities in a lump sum for compensation for income interruption, nutritional expenses, rehabilitation expenses, etc.

Critical illness insurance is recommended for lifetime period coverage liability, but if you have a limited budget, you can start with term critical illness insurance as a supplement to your coverage!

The chart below is a complete explanation of the features we purchase for basic coverage.

Finally, when choosing a specific product, it's important to choose the right one for you based on your current health status, as well as the branding requirements of the insurance company, your budget and your specific needs!

When you ask about health insurance, you should be referring primarily to medical and critical illness coverage.

First of all, let's talk about medical insurance. Medical insurance is a consumer type, which is similar to our car insurance.

Medical insurance, which is reimbursement type, requires you to bring the documents to the insurance company for reimbursement after visiting the doctor. Of course some of the high-end medical does not need.

However, because of the documentation of the claim, the documentation is recycled after the claim, so it is good to say that Medicare is on one family for the full amount. Repeatedly on more than one is also invalid.

After that, let's talk about critical illness insurance. Critical illness insurance, which is usually paid for 20 years and guaranteed for life, is of the payout type.

In other words, if you confirm the diagnosis of the disease in the contract at an authorized institution, bring the diagnosis report, find the insurance company, and if the conditions are met, the insurance amount will be paid.

The insurance company will not ask what the insurance money will be used for. The insurance company will not ask what the money will be used for, whether it is used to supplement medical bills, buy nutritional supplements, or go on a vacation.

The critical illness insurance, because it is payable, does not require a single insurance policy, only a diagnosed case, so that you can buy it in more than one, and the diagnosed case can be paid in more than one.

It is recommended to buy no medical exam coverage up to the top of your age, which is typically $500,000 for ages 18-40 years old.

Finally, the medical insurance and critical illness insurance I mentioned above cover medical expenses caused by illness. Accidental injuries, such as falls, are not covered. You need to take out additional accidental injury insurance.

Accident insurance, like health insurance, is consumer insurance and reimbursement.

In fact, there are quite a lot of categories of insurance, in addition to health insurance, there are also wealth insurance, locking wealth preservation and appreciation. If you still want to understand in detail, you can go to the article I posted to read in detail, which has a detailed description of the classification of each type of insurance.

I hope my answer is helpful to you. You are also welcome to private message me for advice [smile].

There are two types of health insurance, one that reimburses us for our medical expenses and one that pays us money.

Those who are reimbursed for medical expenses are usually reimbursed for medical expenses incurred in the event of hospitalization or hospitalization for the same disease, for the 7 days prior to hospitalization and the 30 days following hospitalization for outpatient care, less the portion reimbursed by Social Security, and 100% of the portion to be borne by the person himself or herself (or 60% if he or she was not hospitalized in the capacity of Social Security). The yearly premium for most people is a few hundred dollars, depending on age.

The ones that pay us out are critical illness insurance.

There are single payment, 3-year payment, 5-year payment, 10-year payment, 20-year payment, and up to 30-year payment for individual products.

The choice of coverage period for example, if the purchase of the 500,000 sum assured of critical illness. If you buy a 500,000 dollar critical illness policy that includes N critical illnesses, N intermediate illnesses, and N minor illnesses, and you choose to pay the premiums for 30 years, you will have to pay the premiums for 30 years.

In the unfortunate event that in the first year, after the waiting period, the insured suffers a minor illness, a benefit of $225,000 is paid, and the premiums for the next 29 years do not have to be paid.

The leverage ratio is: $500,000 + $225,000 + $x million (followed by an indeterminate disease level and benefit amount)/premiums paid.

In the first year, a moderate illness occurs and 300,000 is paid out, and the next 29 years of premiums don't have to be paid.

Leverage: $500,000 + $300,000 + $x million (followed by an indeterminate disease level and benefit amount) / Premiums Paid.

In the first year, a critical illness occurs and 500,000 dollars is paid out, and you don't have to pay premiums for the next 29 years.

Leverage: $500,000 + $x million (followed by an indeterminate disease level and benefit amount)/premiums paid.

And so on ...... second, third, fourth year ......

What if: The insured has never had a serious illness in his life, the premiums have been paid for 30 years, and when the insured dies, $500,000 is paid out, protecting him for the rest of his life, which is a life winner.

The worst outcome of this $500,000 of coverage ends up as a death benefit to the insured's designated beneficiary.

The contribution period of critical illness insurance is just like buying a house loan, if the contribution period is short, the interest rate will be less, but the premium for each period will be more; if you choose to pay a longer period of time, the premium for each period will be less, which reduces the pressure of payment, according to the individual's financial ability to choose.

Health insurance talks about critical illness and medical insurance, which when paired together can complement each other.

1. There are two types of critical illness insurance coverage periods, one is for term critical illnesses, such as coverage until the age of 70, and the other is for whole life critical illnesses.

Term critical illnesses are characterized by cheap premiums, which can protect the stage of life where the financial responsibility is heavier, and in case you have a contracted critical illness, you will get a sum of money at one time or a few times for treatment, rehabilitation, compensation for loss of income, and compensation for the cost of accompanying the family, and so on.

Lifelong critical illness is characterized by lifetime protection, the probability of a person suffering from a serious illness in his lifetime is about 72%, the older the person is, the higher the probability is, so the premium for lifelong critical illness is quite a lot more than that for regular critical illness. 50 years old or so, it's usually difficult to buy a critical illness insurance policy, and even if you can buy it, the premium may be more than the amount of the policy, which is not cost-effective anymore.

So if the conditions allow, young, healthy, try to buy whole life critical illness, buy enough coverage, 100,000 - 200,000 may be a drop in the bucket. If the budget is not allowed for the time being, it is recommended to buy a term critical illness insurance, buy enough coverage, and then add more when you are in a position to do so.

In addition, critical illness insurance without death liability can save a lot of premiums, but there are some acute illnesses that are too late to diagnose the person is gone, may not be able to claim.

2. From the principle of premium pricing, critical illness insurance with death liability is actually critical illness protection + life insurance, the premium is the sum of the two risks, but generally death liability and critical illness benefits are not concurrent, and no longer pays for death if critical illness is paid.

Critical illness without death benefit is therefore a more pure form of critical illness insurance. However, the majority of those who favor this product are actuaries and do not share the same "aesthetic" as the general public.

3. Medical insurance is renewed annually, and some products are not expected to require a new medical examination for three years. Stability of medical insurance products is important, if the product is discontinued, customers will have to go through the underwriting again when they shop again.

Medical insurance is based on the reimbursement of actual expenses, inpatient, outpatient, etc. The contract stipulates the level of the institution where the medical care is to be provided, for example, whether it is a general department or a specialized department of a second-level public hospital, the scope of medication to be used, for example, whether it is covered by social security or outside social security... Medical insurance is a type of insurance that guarantees access to better health care resources and a better experience of the medical care.

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Critical illness insurance and medical insurance with a coverage of about 300,000 dollars

How old are you? Any medical history? Family income? What is your budget? All kinds of factors come to mind on their own, and finally, what problem do you want to solve? Why do you need health insurance?

Hello! There are many types of health insurance, and there is no such thing as good or bad health insurance, it's just a matter of whether it's suitable or not. For example, office workers to insure health insurance, then we should consider the insured's physical condition, disease history and the nature of work and other factors. Generally, long-term insurance is suitable for stable work groups, and newcomers to the workplace are more suitable for payment-based health insurance, which is conducive to reducing the financial burden. For example, critical illness insurance, such as Ping An insurance mall on the adult critical illness insurance, including 30 kinds of common critical illness, up to 500,000 critical illness protection, more targeted. Generally speaking, critical illness insurance is the earlier the better, young people do not have to buy a lifetime, buy a regular on the line, and then you can make some adjustments according to the situation.

Critical Illness Insurance with Million Dollar Medical, Critical Illness Insurance to cover the cost of our loss of work loss and Million Dollar Medical to reimburse our medical expenses!