Explanation of terms in the contract for purchasing commercial serious illness insurance

When you buy insurance products, you should check carefully first policy-holder 、 Insured 、 beneficiary Ensure that the information is correct, otherwise there will be a lot of trouble in the follow-up. After confirming that all information is correct, you need to pay attention to reading the following content to see whether it meets your own security needs:

Amount insured: insurance company Base of each compensation amount.

Premium: what consumers need to pay insurance premium 。

Payment period/payment period: insurance contract The number of times you need to pay.

Insurance Period: Insurance contract The year when the guarantee is provided.

Initial disease: the diagnosis of the insured's first confirmed disease.

Guarantee renewal: insurance company in Africa CIRC The period of renewal of insurance for the insured in the case of stopping selling products.

Death liability : Does the insurance company bear the death of the insured.

Major diseases (consumers should pay attention to reading): China Insurance Industry Association has defined 25 major diseases in the Specification for the Use of Disease Definitions of Major Disease Insurance Insurance liability , and minor illness liability are customized by insurance companies.

Number of minor illness claims (consumers should pay attention to reading): the number of minor illness liability claims specified by insurance companies in insurance products. Some insurance companies end their liability after one claim; Some insurance companies will not compensate for the same disease but can compensate for other minor diseases after one claim; Some insurance companies can still be compensated for the same minor illness.

Exemption from liability : The insurance company does not undertake the settlement of claims. Ordinary consumers generally need to pay attention to mental illness, congenital disease, alcohol and drug abuse.

The premium rate of an insurance contract is usually determined by the above key words. Usually:

1. The premium of products with high insured amount is higher than that of products with low insured amount;

2. The premium of products with long insurance period is higher than that of products with short insurance period;

3. The premium of products with minor disease liability is higher than that of products without;

4. The premium of products compensated repeatedly is higher than that of single compensation;

5. The premium of products with wide coverage is higher than that of products with small coverage.

In addition, the gender, age body The corresponding premium may be different under different conditions. Secondly, it also pays attention to the scope of protection not only by the number of publicity, but also by the content in detail.