Nowadays, "should I buy insurance for my children" is a question that does not need to be discussed too much. Even many people began to take the initiative to pay attention to and configure the first insurance because of the birth of their children. However, how to buy children's insurance is still a difficult problem for many parents. Today, let's talk about how not to follow the trend, step on the pit, don't do it, and buy children's insurance suitable for your children.
Parents' explanation of "novice on the road"
First, social security comes before commercial insurance.
This is absolutely legitimate conscience advice. Children's medical insurance is a national welfare, with comprehensive basic protection and low cost. We must firmly grasp and supplement commercial insurance on this basis.
Second, safety comes before income.
The primary purpose of parents to buy insurance for their children should be to focus on their growth and health, rather than investment and dividends. Therefore, the general principle of allocating insurance for children is to do personal protection first, and then consider investment insurance products according to the actual situation.
"What insurance should I buy for my child?" "There are so many types of insurance, how to choose?" "Which to buy first, and which to buy later?" "How much insurance should I buy for my children?"
In fact, as long as we know what factors may cause crisis to children, these problems will be solved.
It is suggested that the allocation order of children's insurance is accident insurance > critical illness insurance > medical insurance > financial insurance.
1, accident insurance
According to statistics, in China, accidental injury is the primary cause of death of children aged 0- 14. Every day, about 150 children lose their lives due to accidents, accounting for 26. 1% of the total number of child deaths, and this number is increasing rapidly at the rate of 7%- 10% every year.
The fact that accidental injury is the "first killer" among children makes it self-evident that it is necessary and important to allocate accident insurance for children. When configuring, it is recommended to choose comprehensive accident insurance including accidental death liability and accidental medical treatment. In this way, common injuries such as bumps, cat claws and dog scratches easily caused by children's active nature are also within the scope of compensation.
In addition, the amount of accidental medical treatment, deductible, and compensation ratio are also factors that parents need to pay attention to when choosing accident insurance.
It is worth noting that in order to protect minors and prevent moral hazard, the state has set a limit on compensation for the death of minors. /kloc-the compensation for death under 0/0 cannot exceed 200,000, and the compensation for death between 10 and 18 cannot exceed 500,000. The coverage of accident insurance can be configured on this basis. The critical illness insurance and medical insurance mentioned later are not guaranteed by death.
2. critical illness insurance
With the more convenient and transparent information dissemination, it is not uncommon for children suffering from leukemia, brain tumor and lymphoma to seek help easily.
In this regard, what we can do is not only to lend a helping hand within our capacity, but more importantly, not to let similar tragedies repeat themselves. Data show that in China, the second cause of child death is malignant tumor, that is, cancer. According to WHO data, the incidence of tumor in children aged 0- 14 in China is19.0-89.9/100000, and the incidence has increased by 25% since the 1960s.
Among malignant tumors in children, the three most common types are leukemia (35.8%), brain tumor (17.9%) and lymphoma (1 1.3%).
In addition to malignant tumors, severe childhood diseases include severe asthma, severe juvenile rheumatoid arthritis, severe myocarditis, severe hand-foot-mouth disease, mental retardation caused by diseases or accidents, severe Kawasaki disease, severe polio, severe Wright syndrome, hemorrhagic dengue fever and severe epilepsy.
Take the cancer as an example. In fact, the cure rate is relatively high among children. Therefore, no matter whether the annual family income is high or low, it is recommended to allocate a critical illness insurance within an affordable budget, at least not to let the high treatment cost become the only stumbling block for children to receive active and effective treatment in time.
3. Medical insurance
Although children are well taken care of by their parents, it is inevitable that there will be common diseases such as fever, hand, foot and mouth disease, gastroenteritis and bronchitis on the road of growth. The consequences of these diseases can be large or small, and if they are serious, they need hospitalization, and the accumulated cost in one year should not be underestimated. At this time, medical insurance has become a good choice for parents.
Medical insurance is usually divided into general medical care and millions of medical care.
Public hospitals of Grade II and above provide general medical insurance, including hospitalization but excluding outpatient service. Please pay attention to whether social security drugs for external use, reimbursement amount and reimbursement ratio are included when purchasing.
Millions of medical insurance, that is, the recently popular premium of several hundred yuan, can easily obtain "million-worth" medical products. Not limited to social security, imported drugs and self-funded drugs can be reimbursed.
Medical insurance has the nature of compensation, and the accumulated reimbursement amount does not exceed the actual medical expenses. It is suggested to allocate millions of medical care plus general hospitalization medical insurance, which can meet the security needs.
Families with financial strength can also consider configuring high-end medical insurance for children to provide super-high insurance coverage for children. They can choose the top and most authoritative medical institutions in the country and even the world, and enjoy convenient direct payment and a safe and comfortable medical environment.
4. Financial insurance
Here, I will focus on the education funds that parents are more concerned about. Education fund is an insurance for the purpose of preparing education fund for children. Compared with other products, the protection function is weak. Therefore, it is recommended to consider accident insurance, critical illness insurance and medical insurance according to family income.
At present, there are mainly three kinds of education insurance in the market:
One is simple education insurance. Its purpose is to reserve educational funds for children, which has the characteristics of compulsory reserve and can provide certain financial support for children at different educational stages such as middle schools and universities. This kind of insurance is basically in the form of additional risks.
The second is fixed return education insurance. In addition to the education fund reserve, it can also provide children with financial needs other than education, such as marriage fund, venture fund and pension fund. The guarantee period is long and the premium is relatively high.
The third is investment and financial education insurance. This kind of insurance not only has the functions of protection and investment, but also can resist the influence of inflation to some extent.
It should be noted that once parents decide on the education insurance plan, they will deposit the agreed amount in the insurance contract every year and can only take it out after the agreed number of years.
In addition, the reserve period of the education fund is basically 10 to 20 years, which is not "zero risk". It is necessary to fully consider factors such as risk tolerance and realize the target income within the controllable range.
Summary:
Having said so many basic principles of buying children's insurance, I finally want to nag that parents, as the mainstay of the family's economic resources, bear the responsibility of paying premiums and maintaining the quality of life. Therefore, before buying insurance for your child, remember to configure yourself with comprehensive risk protection, and never "streaking". Otherwise, once there is a risk, the child will not be able to pay, and the complete plan will lose its meaning. Parents have good protection, which is the best "insurance" for their children.