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

After you purchase an insurance product, you should first carefully check the information of the applicant, the insured and the beneficiary to ensure that it is correct, otherwise there will be a lot of trouble later. After confirming that all the information is correct, you need to read the following content to see whether it meets your protection needs: amount insured: the base of each compensation amount of the insurance company. Premium: the premium that consumers need to pay. Payment Period/Payment Period: the number of times the insurance contract requires payment. Insurance...

Business Insurance Xiaobai Class: What is an exemption or an exemption clause?

As people's awareness of avoiding various risks in daily life has increased significantly, buying insurance has become an important way for many people to resist risks. When applying for insurance, we have learned to pay attention to the insurance liability part of the insurance product. For example, what responsibilities can this insurance cover? Death, serious illness or medical expense reimbursement? How much is the insured amount to settle the claim upon death? What kinds of serious diseases are there? What is the proportion of medical expense reimbursement? wait. But why do you always see all kinds of