However, China Life's major illness insurance are all more expensive. If you are not looking for a big company brand, other insurance companies also have a lot of cost-effective products worth choosing, poke here to see more products: the latest list of critical illness insurance: compare 186 critical illnesses in the whole network, which are worth buying?
Below, we take China Life's "net red" product, the Guoshoufu series as an example, to say how the product:
1, from the point of view of protection
First of all, whether it is an adult or children's series of Guoshoufu products, can be guaranteed to the whole life, and contains 500,000 of the death of the product. The first thing is that it's a good idea to have a good deal of coverage. This means that no matter whether you buy it or not, you will be able to pay 500,000 yuan after your death.
And each of these products includes additional coverage for critical illnesses, moderate illnesses, minor illnesses, and specific critical illnesses.
The coverage seems to be very comprehensive, but compared to those cost-effective products on the market (60% for intermediate illnesses and 30% for minor illnesses), it doesn't have a high percentage of intermediate and minor illnesses, and only pays 50% for intermediate illnesses and 20% for minor illnesses.
In addition, many products on the market will be designed for the high incidence of cancer and cardiovascular diseases of the second payout of optional protection, while the Guoshoufu series of products do not have these two guarantees.
So, as far as the coverage content of Guoshoufu is concerned, it does not have a particularly big advantage.
2, from the premium
To children's critical illness insurance, for example, 0-year-old baby to buy 500,000 amount of coverage of critical illness insurance, protection for life, pay in 20 years, the premium is nearly 6,000 dollars.
Taking a 30-year-old male as an example, buying 500,000 coverage for life, paying over 30 years, the premium would be more than 10,000 dollars.
Whether it's critical illness insurance for children or adults, the Guoshoufu series is not cheap, compared to many other cost-effective critical illness insurance products available on the market.
Focus on dedicated insurance, 1 to 1 free consultation, adhering to the professional, objective, neutral attitude, for you to select more cost-effective products, so that buying insurance becomes an easy thing!