What is the significance of taking out lifelong care insurance?

Life-long care insurance for a better life can be said to be very popular on the Internet. I heard that the cost performance is very high, and many friends are asking, is the cost performance of lifelong care insurance really that high for a better life? Is it really worth buying?

The following sister will give you an in-depth evaluation! This article can help you get familiar with the key knowledge points of insurance in advance. Friends who don't know, come and see:

Before buying insurance, you must first understand these key knowledge points! 》

1. How does lifelong care insurance make people healthy and happy?

As usual, let's take a look at the product protection chart of lifelong care insurance to make people healthy and happy:

As can be clearly seen from the above figure, the coverage of lifelong care insurance on people's health and happiness seems quite wide, and the specific performance is strong or not. Senior sister will take you to study:

1, with a wide age range.

PICC Life-long Care Insurance covers the age from 28 days of birth to 65 years old, which has surpassed many products on the market.

After all, there are many similar products now, and the underwriting age is generally 60 or even lower.

I have to mention that life-long care insurance, which keeps people healthy and happy, still cares more for the elderly.

2. Support policy loans

Lifelong care insurance is not only a basic guarantee for people's health and happiness, but also covers the policy loan function.

With this right, the insured can apply to the insurance company when he needs money urgently. The maximum loan amount can reach 80% of the cash value of the policy, and the longest loan period is 180 days.

3. Basic security analysis

The contents of life-long nursing insurance are mainly embodied in nursing insurance and illness death insurance.

If the insured loses the ability to live and continues until the formal end of the observation period, he can get the nursing insurance money in one lump sum.

The maximum amount of nursing insurance premium is: accumulated premium paid × corresponding coefficient, cash value and effective insurance amount.

If the insured dies for reasons other than accidental injury after the waiting period, the beneficiary can receive death insurance money.

Finally, the maximum amount of nursing insurance premium is: the maximum amount of accumulated premium × corresponding coefficient, cash value and effective insurance amount.

If we only look at these aspects, it seems that lifelong care insurance is ok for people's health and happiness; However, after further understanding, I see that this product is not very worthy of insurance!

Second, is life-long care insurance worth buying to keep people healthy and happy?

The reasons why seniors think this product is not particularly worth buying are as follows:

1, waiting time is too long.

The waiting period stipulated in PICC life-long care insurance for healthy and beautiful life is as long as 180 days, which means that the insured is basically within half a year, and there is no guarantee to attach, so it is impossible to get protection as soon as possible.

Compared with those insurance products on the market with a waiting period of only 90 days, the waiting period of life-long care insurance for people's health and happiness has increased a lot, which has doubled. The truth is not very friendly!

At the same time, the most important problem is, for example, if the insured is unfortunately out of danger while waiting, then the insured will not even enjoy a penny of compensation.

Therefore, the senior insisted on emphasizing this issue with everyone for a long time, and there is no suspense. It must be that the shorter the waiting period, the better for everyone!

If yes, you don't know much about the waiting period, please click the following link to enter the page to see the details:

"The insurance company will not lose money during the waiting period? If you don't understand, you will suffer a big loss! 》

2. The increasing proportion of effective insurance coverage is not high.

Presumably, as can be seen in the product drawing, the effective protection of lifelong care insurance for people's health and happiness has increased by 3.5%.

If friends have learned about this kind of products independently in the early stage, I believe everyone knows that this 3.5% ratio is not very high, but it is also somewhat inconspicuous.

Because there are some very good insurance products on the market, and the increasing proportion of the insured amount they allocate has reached 3.7% or 3.8%, what's more, some products have reached 4%!

Based on this comparison, do you think the revenue performance of this product is a little poor!

Due to the limited space of the article, if anyone wants to know more about this product, they may wish to directly look at the following contents:

"Have a good life, lifelong care insurance, ok? This article tells you! 》

Summary: Life-long care insurance of People's Insurance Company of China (PICC) has a wide age, which can directly provide the insured with the policy loan function. But senior still doesn't recommend you to insure this product. Why? In fact, it is because the waiting period of lifelong care insurance is too long, and then the increasing proportion of insurance coverage is not high enough, and the cost performance is relatively average.

For friends who are looking for more comprehensive and practical insurance, Senior Sister still suggests comparing other products.

Write it at the end

I am an expert in insurance, focusing on objective, professional and neutral insurance evaluation;

If the above content has not solved your problem, you can also come to the official account of WeChat to learn to bully and say that insurance consulting me;

I give you the most professional advice based on many years of experience in configuring insurance for 10W+ families.

WeChat official account: Xueba said that insurance costs less, buy the right insurance!