Insurance Periodicals

Buying a major illness insurance problem for your child

Q: How much is the child's major illness insurance when he is a child?

Answer: Buying children's major illness insurance should pay attention to buying as early as possible, the premium is much cheaper than the child's age.

Q: What are the special considerations for purchasing major illness insurance for children?

Answer: It is best to attach the policyholder's exemption liability. It should be noted that children's critical illness insurance is different from adult critical illness insurance. If we get some adult critical illness insurance clauses, we will find that many major diseases are cardiovascular and cerebrovascular diseases or some middle-aged and old-age diseases. Most likely to suffer from these diseases, and some products that are vulnerable to children's serious diseases are not mentioned. When purchasing children's critical illness insurance, the more kinds of diseases that are prone to children's illnesses, the better, the better the period of protection is better. . The special illness insurance designed for children is more representative of the specificity and applicability of the product.

Q: How do I purchase critical illness insurance based on my family's economic situation?

Answer: If the economy does not allow, you can purchase a balanced rate of consumption of children's critical illness insurance, the premium is much cheaper than the savings type, generally only a few hundred dollars, many families can afford. Because most children's critical illness insurance is a disease disease that is easily afflicted by children's groups, parents who don't have strong economic strength should not buy too much. Generally, 100,000-300,000 can be used. When the child grows to a certain stage, he can consider it. Adding adult-type critical illness insurance to children, achieving rational allocation of funds and effective dispersion of risks.

Q: Can I make a cumulative payment for a child who has purchased multiple critical illness insurance insurance at one or more insurance companies?

Answer: It is necessary to pay attention to the critical illness insurance amount stipulated by the critical illness insurance, which can be accumulated after the corresponding disease risk occurs, that is to say how much to buy and how much to pay; and the death liability is based on the insurance law to prevent moral hazard in the child. In the event of death, the total amount of deaths paid shall not exceed the prescribed amount. For example, the death of a child in the area shall not exceed 100,000.

Case:

A mother has insured her child with a serious illness insurance. She has insured each of the three insurance companies with a coverage of 100,000. The first two are exclusive children's critical illness insurance, and the other is Ordinary serious illness.

A few years later, her child was unfortunately suffering from Kawasaki disease (a malignant disease that is more common in children), and the cost of treatment was 230,000.

When the claims were settled, the first two were insured with children's critical illness insurance, and Kawasaki disease was included in the disease responsibility, so she received 200,000 claims in one go, but the third insured was a general illness, and the disease was responsible. Does not include this disease, so no claims.

Buying a major illness insurance problem for your child
Q: How much is the child's major illness insurance when he is a child? Answer: Buying children's major illness insurance should pay attention to buying as early as possible, the premium is much cheaper than the child's age. Q: What are the

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