I do not know from when on, the original "everybody shouts to play" insurance becomes popular. With the awakening of consumer insurance awareness, health insurance in the first half of this year with nearly 400 billion premium scale for the first time to surpass auto insurance, become the second largest insurance in our country's insurance market. As the main force of health insurance, serious illness insurance is more sought after. But the reality is: serious illness insurance is not suitable for most people, please do not follow the trend to buy. Maybe my view will offend many peers, but please listen to me patiently.
First of all, the claim conditions are limited. Medical insurance mostly does not limit the types of diseases, life insurance is the death or total disability of the compensation, accident insurance is suffered accidental injury accident compensation. The compensation conditions of these kinds of insurance are relatively easy to judge. And the serious illness insurance claims conditions are the most restricted. The serious illness insurance contract clauses on the agreed nearly 100 diseases are all detailed restrictions, must be achieved in the clauses of the disease described conditions can claim, otherwise it is not a penny. Take "end-stage kidney disease" as an example: according to the definition of the terms, kidney disease must be treated with dialysis for more than 90 days, or kidney replacement, in order to meet the compensation conditions of "end-stage kidney disease". Many patients with chronic kidney disease who need long-term treatment, although they have been seriously ill in the general sense, but they have not met the conditions of "end-stage kidney disease" of serious diseases, so the serious illness insurance can not compensate a penny. The product characteristics of "full compensation or no compensation" of serious illness insurance determine that it is not suitable for medical compensation. If you just want a serious illness insurance and worry about having no money to see the doctor, you should actually buy medical insurance rather than serious illness insurance.
Secondly, serious illness insurance is only suitable for white-collar workers. Please consider the following questions: Do parents nearing retirement need serious illness insurance to make up for income loss? Do high-income people with an annual income of millions need serious illness insurance to make up for income loss? Do low-income families with an annual income of less than 50,000 need serious illness insurance to make up for income loss? The answer is obvious. Parents nearing retirement are no longer responsible for making money, and there is not much income loss to make up for serious illness insurance. Besides, the elderly buy serious illness insurance, with low insurance coverage and high premium, which is not cost-effective. High-income people with an annual income of millions have various passive incomes such as financial management and rent, and have strong risk resistance ability. Even if a serious illness occurs, it will not have much impact on their economic level. Compared with serious illness insurance, this group of people needs high-end medical care, life insurance and annuity. While low-income families with an annual income of less than 50,000 have limited funds, and it is difficult to spend thousands of yuan to buy relatively expensive serious illness insurance. They are more suitable for accident insurance and medical insurance to solve basic problems. For the above groups, serious illness insurance is not suitable. So who is suitable for serious illness insurance? In my opinion, serious illness insurance is only suitable for white-collar workers aged 25-45 with an annual income of 100,000-1 million. First of all, this group of people have old and young families, and are at the stage of life when they bear the heaviest family responsibilities. They seem to be well-off, but in fact they are very tight-fisted in life expenses, and their income cannot be interrupted, so they cannot afford to get sick at all. The serious illness insurance amount of hundreds of thousands of yuan is very important. Secondly, the white-collar class has a certain economic strength, and spending a few thousand yuan on serious illness insurance is not a burden. The economic capacity of the white-collar class, which is "less than the upper and more than the lower", is the most suitable for serious illness insurance products. In addition, serious illness insurance is also suitable for children to buy. It is not that children need serious illness protection, but mainly because they are young, and the insurance is cheap and cost-effective. So the question is: why is critical illness insurance the first choice of everyone when they buy insurance, since it is only suitable for some people? First of all, you should know that insurance is a market with asymmetric information. Which insurance product sells well in the market does not depend on the customer, but on which product the salesperson recommends to you. The traditional concept of death in China is taboo, so life insurance is not easy to sell; accident insurance and medical insurance have low commissions, so they can't make much money. Therefore, the relatively high price of critical illness insurance naturally becomes the main product promoted by insurance salesmen.
