Who doesn't need critical illness insurance? Who is critical illness insurance not suitable for?

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Critical illness insurance has always been a very popular type of insurance, but critical illness insurance is not suitable for everyone.Cancer insurance For example, people who are too old to consider critical illness insurance. So who else doesn't need to buy critical illness insurance?

First, what is the role of critical illness insurance?

Critical illness insurance is not just for medical treatment. If you are looking for medical treatment, a multi-million dollar medical insurance policy would be better. Critical illness insurance is more about getting well and making up for financial losses. If a person suffers from a serious illness, in addition to treating the illness, they also need to maintain the illness for a long time, and bear the financial loss of not being able to work,Term Life Insurance as well as the financial burden on the whole family. At such times, critical illness insurance is particularly important.

Second, what people do not need to buy critical illness insurance? Critical illness insurance is not suitable for what people to buy?

1. For example, friends who have already retired:

On the one hand, retired friends are older, may not be able to buy a very high amount of coverage, the premium is expensive, and even the phenomenon of inverted premiums will occur, that is, the money paid is more than the money lost.

On the other hand, family responsibilities are much smaller after retirement, and the burden mainly falls on family members such as children. So even if you get sick, you don't have to worry too much about problems such as interruption of income.

Therefore, if you are too old to buy a critical illness, or the premium is upside down to buy it is not cost-effective, you can not buy critical illness insurance. However, it is recommended to buy a good medical insurance or accident insurance, which can solve the big head of medical expenses and reduce the burden on the family.

2. For example, those who still have stable income after getting sick:

As mentioned earlier, critical illness insurance is mainly to solve problems such as living expenses during the period of recuperation. Then people who are not worried about this money do not need to configure it. Therefore, friends who are particularly rich and have passive income assets, such as tycoons, charterers, etc., even if they do not work, they can still have a constant flow of cash.

This group of people with or without critical illness insurance has little impact, so you can not consider the configuration. However, you can consider the configuration of high-end medical insurance, to reimburse large medical expenses, used to enhance the experience of medical treatment.

3. For example, those who do not have a high income and only have enough money for basic living expenses:

Corresponding to friends who are particularly rich, friends who are currently having a particularly hard time are also not quite recommended to prioritize critical illness insurance. After all, critical illness insurance is not cheap, if the income is not high, after deducting the basic living expenses, there is no money left over friends are more recommended to prioritize good savings to improve their lives.

However, even if you do not buy critical illness insurance, it is also recommended to match the medical insurance, million medical insurance and accident insurance. Only two or three hundred a year, can do a good job of disease, accident protection, improve the family's ability to resist risk.

Third, what people need to buy critical illness insurance?

If you do not belong to the above three categories of people, no matter what age, what identity, it is necessary to consider configuring critical illness insurance, just how much coverage.

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