However, is this product guarantee of Pentium carefree critical illness insurance really that good? Is it worth buying? After reading the following article, you will know: exclusive evaluation of China-UK worry-free critical illness insurance! I'll know right away when I read it!
1. What are the advantages and disadvantages of worry-free critical illness insurance?
According to international practice, let's take a look at the product form diagram of Pentium worry-free critical illness insurance:
As can be seen from the above figure, worry-free is mainly a combination insurance consisting of serious illness and both.
As the main risk, severe diseases partially cover 146 diseases, including 106 severe diseases and 40 mild diseases.
How much can the protection content of worry-free critical illness insurance be worth? Let's continue to explore:
(A) Advantages
1, the extra compensation for serious illness is very large.
Pentium has sufficient compensation for worry-free and serious diseases and has certain advantages. If you get out of danger due to serious illness before 6 1 year-old, you can get an extra 50% of the basic insurance coverage, which means that although the insurance coverage you bought is only 500,000, you can get 750,000.
At present, the extra compensation for critical illness insurance sold in the market is about 50%, and the worry-free critical illness insurance is at the average level in the market, which is worthy of recognition.
2. Two kinds of risks can be added.
The main risk of Pentium is critical illness insurance, and the additional risk is old-age security, which can be returned at maturity.
It means that the insured has not received compensation before the end of the contract, so the premium that can be returned if he is still alive at the end of the contract can be determined without a claim record.
What needs to be emphasized here is that Pentium's worry-free critical illness insurance does not pay the basic insurance amount of death, but only pays a certain proportion of the premium paid.
At present, the death/total disability claims of most products are paid below 18, and the basic insurance amount for claims after 18 is just like Xintai Super Mary No.4 critical illness insurance, just like the senior sister said.
(2) Disadvantages
1, insecure
Pentium's worry-free critical illness insurance is really not enough. Not only is there no guarantee for China's disease, but there is no secondary compensation for cancer and cardiovascular and cerebrovascular diseases.
At present, the basic configuration of critical illness insurance includes mild, moderate and severe. Even Ping An, a critical illness insurance product without moderate illness protection, has been optimized this year, setting up moderate illness protection, which is backward compared with worry-free.
Otherwise, take a look at the upgraded Ping An Fu 2 1 to ensure that 20 kinds of chronic diseases are covered, and the payment ratio is also very good: Ping An Fu 2 1 critical illness insurance, and these operations have not changed.
In addition, cancer and cardiovascular and cerebrovascular diseases (as shown in the following figure), which are the top three causes of death in China and the top three claims data of high-risk and serious illness insurance companies, have extremely high recurrence rates, among which glioblastoma in cancer has the highest recurrence rate, which is close to 100%.
We also know that cancer treatment is expensive. If Pentium Worry-Free can provide secondary payment guarantee, it can better help consumers reduce their burden when necessary.
2, the premium is expensive
Let's take the official demonstration of Pentium worry-free critical illness insurance as an example. If you insure a 0-year-old baby girl with 500,000 yuan, which will be paid in five years until she is 70 years old, plus two full insurances, the annual premium will be 1 1340 yuan, which is more expensive than the general consumer critical illness insurance.
However, such protection and tens of thousands of premiums per year are not cost-effective.
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 payment period of options, the less the annual payment pressure.
The longest payment period of Pentium's worry-free critical illness insurance is only 20 years, which is not competitive enough compared with other products with a payment period of 30 years.
Second, is worry-free critical illness insurance worth buying?
Generally speaking, this product of Pentium Worry-Free has additional compensation for serious diseases, but the responsibility for protection is very single, lacking secondary compensation for moderate diseases and specific high-risk diseases, and the protection is not comprehensive enough, and there is not much advantage in price, and the performance is average.
Friends who need critical illness insurance recently suggest looking at other products. If you don't know where to find it, look at the list of critical illness insurance compiled by senior sister, and you will always find the one that suits you: the above is the most worthwhile new definition of critical illness insurance!
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