Refundable critical illness insurance usually refers to a combination of end-all and aggravated illness insurance, including China Merchants Cigna True Benefit End-all Critical Illness Insurance, China Ivy All-in-one Insurance Product Plan, and Great Wall Golden Suoguan Children's Insurance Insurance plans and more.
Take the China Ivy Comprehensive Edition insurance product plan as an example. It consists of the main insurance China Ivy (Comprehensive Edition) endowment insurance and the supplementary insurance China Ivy (Comprehensive Edition) critical illness insurance.
The senior sister has prepared a review of this product. You need to pick it up yourself: Does China Ivy All-in-One Insurance Product Plan protect your health? You’ll know after reading it!
Generally speaking, returnable critical illness insurance includes critical illness protection, death protection and maturity return liability.
During the coverage period, if the insured is diagnosed with an agreed critical illness and meets the claim conditions, the critical illness insurance benefit can be compensated.
If the insured unfortunately dies during the coverage period, the insurance company will pay the death benefit to the beneficiary of the death benefit.
If the insured is still alive when the protection period expires and has not been in danger, you can receive the maturity insurance benefit.
As can be seen from the above, this type of critical illness insurance generally pays one out of three for critical illness insurance, death insurance, and maturity insurance, which is not as cost-effective as everyone thinks.
Friends who want to learn more about the refundable critical illness insurance can click on this popular science article: Treat the disease when you are sick, and refund when you are not sick. The refundable critical illness insurance that everyone loves to buy is so cheating!
In addition to this type of critical illness insurance products on the market, there are also consumption and savings types.
If you want to know the difference between these two types of critical illness insurance and return-type critical illness insurance, just click on the link: What is the difference between consumption-type, savings-type, and return-type insurance? Which one is the most cost-effective to buy?
Hope to adopt it
The whole network has the same account: Xueba talks about insurance, welcome to search!