However, is Pentium carefree critical illness insurance really as good as it is said on the Internet? Is it worth buying? Poke the link below to quickly unlock the answer: Is Sino-British worry-free critical illness insurance worth buying? See what professionals in the industry say!
1. What are the advantages and disadvantages of worry-free critical illness insurance?
Let's take a look at the basic form of Pentium worry-free critical illness insurance:
As can be seen from the figure, "critical illness insurance responsibility"+"both" is the main guarantee for a worry-free life. The main insurance that makes you worry-free is critical illness insurance, and the protection part covers 146 diseases, including 106 serious diseases and 40 mild diseases.
Want to know whether Pentium worry-free critical illness insurance can be played, let's continue to analyze its advantages and disadvantages:
(A) Advantages
1, the extra compensation for serious illness is very large.
Pentium's worry-free critical illness insurance is still competitive in the market. If a serious illness is diagnosed before 6 1 year-old, the insurance company can pay an extra 50% of the insured amount, which means that if the insured amount is 500,000, there will be a guarantee of 750,000 before 6 1 year-old.
At present, the critical illness insurance sold in the market is basically an extra payment of 50% of the insured amount. It is commendable that Pentium's worry-free critical illness insurance has reached the market average.
2. Two kinds of risks can be added.
The main risk of worry-free life is critical illness insurance, which can be combined with old-age security to realize full return. If the insured has not made a claim during the insurance period, as long as he is still alive when it expires, he can get the agreed premium return, and the principal can be guaranteed not to be affected without making a claim.
However, one thing to remind everyone is that Pentium's worry-free critical illness insurance can only pay a certain percentage of the premium paid, but not the basic insurance amount.
At present, the death/total disability claims of most products are for people under 18 years old, and the basic insurance coverage is 18 years old. Xintai's Super Mary 4 critical illness insurance is such a product.
Regarding the evaluation results of Super Mary 4, the senior sister has sorted it out: Xintai Super Mary 4, you must not know!
(2) Disadvantages
1, insecure
In terms of protection, Pentium's worry-free critical illness insurance performance is not excellent. Not only is there no guarantee for China's disease, but there is no secondary compensation for cancer and cardiovascular and cerebrovascular diseases.
In fact, at present, mild and moderate diseases have been recognized as the basic critical illness insurance standard. China's disease has been added to Ping An's critical illness insurance products, which are not fully protected at ordinary times. It is really outrageous.
In addition, the recurrence rate of cancer and cardiovascular and cerebrovascular diseases is extremely high. These two diseases are the top three causes of death in China and the top three claims data of insurance companies with high incidence and serious diseases (as shown in the following figure). For example, the recurrence rate of glioblastoma in malignant tumors is the highest, close to 100%.
As we all know, cancer treatment is expensive. If the corresponding secondary compensation guarantee can be provided, it will also reduce the economic burden for the insured when necessary.
2, the premium is expensive
According to the official demonstration of worry-free critical illness insurance provided by Sino-British Life Insurance, if a 0-year-old girl is insured with 500,000 yuan, which will be paid in five years until she is 70 years old, plus two full insurance policies, the annual premium will be 1 1340 yuan, which is much more expensive than the general consumer critical illness insurance. However, such a thin guarantee is matched with tens of thousands of premiums every year, and the cost performance is average.
3. The longest payment period is only 20 years.
Generally speaking, the longer the payment period, the higher the leverage. In other words, the longer the optional payment period, the smaller the annual payment pressure.
The longest payment period of Pentium worry-free critical illness insurance is only 20 years. Compared with other critical illness insurance products with a payment period of 30 years, its competitiveness is very insufficient.
Second, is worry-free critical illness insurance worth buying?
Generally speaking, the extra payment of Pentium Worry-Free Critical Illness Insurance is very strong, but the coverage content is simple, lacking the secondary payment for middle-aged diseases and certain high-risk diseases, the coverage is not comprehensive enough, and the price is not very advantageous, so the performance is average.
Friends who want to start critical illness insurance in the near future still suggest comparing other products. If you don't know where to go, you can refer to these ten models compiled by senior sister. I believe there is always one for you: the new definition of critical illness insurance, and the most worth buying is here!
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