Premium exemption means that the insured or the insured meets certain conditions (such as death, disability, serious illness or minor illness) within the payment period stipulated in the insurance contract. ), and the insurance company agrees that the insured can no longer pay the subsequent premium, and the insurance contract is still valid.

Insurance is not everything. Death insurance, endowment insurance, critical illness insurance, accident insurance, hospitalization insurance, etc. Everyone has their own responsibility to protect. Similarly, exemption from inspection is not omnipotent, and different exemption conditions bring different exemption benefits.

In the exemption liability of most insurance companies, the exemption object is aimed at the "insured", that is, the payer. It goes without saying that the deductible is for adults. In adult insurance, you can be both the insured and the insured. Once exempted, there is no problem.

It is usually recommended that the person who actually bears the premium be the insured, which is more in line with the purpose of exemption protection.

Although premium exemption looks beautiful, in fact, not only the corresponding fees need to be paid, but also the conditions for obtaining exemption benefits are quite strict.

In some insurance propaganda, the exemption function is often exaggerated, which leads to the insured being attracted by the additional exemption function, while the real main insurance protection part is not clear. The key to choosing insurance is to meet your own protection needs.