Article | Wu Nansheng Chapter 34 articles share the meaning and function of
term life insurance: standing is a money printing machine, lying down is a pile of RMB, leaving love but not debt. We cannot predict unknown risks in the future, and human life is priceless. Death is inevitable. If you die too late, you will run out of money; if you die too early, it will not only bring psychological pain to the family, but also bring long-term financial difficulties to the family's subsequent life.
In the former, we can prepare pensions in advance, and in the latter, we can also buy a term life insurance in advance for the family's breadwinner to transfer uncertain risks. Even if he is gone, he can continue his financial life through this life insurance claim instead of leaving the debt to his family. This is the benefit of buying term life insurance.
Huagui Damai2022Term life insurance, how about the premium? Are the terms excellent? Is it worth recommending? Let's take a look together.
1. Basic product information
Huagui Damai 2022 term life insurance product protection is very simple and easy to understand.
basic protection: death/total disability. Compensation can be paid in case of death due to illness or accident. There is a 90-day waiting period requirement for death from illness.
Optional protection: 1. Death/total disability due to aviation accident; 2. Death/total disability caused by accident on waterway public transportation. only pays for death/total disability caused by accidents. can be combined with the basic insurance to pay .
product waiting period: Insurance companies will not pay claims for claims that occur during the waiting period. Please be clear about this.
Huagui Damai 2022 term life insurance total disability assessment and optional protection compensation must meet the compensation conditions. Please be clear. There are answers below.
Term life insurance has low premiums and high protection. For those who are the main economic supporter of the family, it is best to purchase insurance coverage that can cover mortgages, car loans, family expenses in the next 5-10 years, etc.. It is recommended that the insurance amount starts at 1 million.
2. Product terms information
Huagui Damai 2022 term life insurance insurance terms are also very simple. Focus on the guarantee liability and liability exemption clauses.
1. Insurance liability clauses
Basic liability, death/total disability not caused by accident, there is a 90-day product waiting period.
Huagui Damai 2022's total physical disability refers to the following situations:
(1) permanent and complete blindness in both eyes;
(2) loss of both upper limbs above the wrist joint or both lower limbs above the ankle joint;
(3) loss of one upper limb above the wrist joint and Loss of lower limbs above the ankle joint;
(4) permanent total blindness in one eye and loss of one upper limb above the wrist joint;
(5) permanent total blindness in one eye and loss of lower limbs above the ankle joint;
(6) permanent and complete loss of joint function of the limbs;
(7) Permanent and complete loss of chewing and swallowing functions;
(8) The central nervous system function or the function of the chest and abdominal organs are extremely impaired, resulting in the lifelong inability to engage in any work, and all necessary daily activities to maintain life. Supported by others.
Disability assessment is based on the "Personal Insurance Disability Assessment Standards (Industry Standard)" standards and is assessed by an appraisal institution recognized by the insurance company.
Optional liability, accidental death/total disability compensation for air and waterway public transportation, has certain restrictions, which need to be clear.
The period of taking a civil airliner refers to the time when the insured takes a civil airliner as a passenger. This period starts from when the insured enters the door of the civil aircraft and ends when he walks out of the door.
The period when the insured takes public transportation on land and water means when the insured takes passenger trains and buses as a passenger . This period starts from the time when the insured gets on the train with a valid ticket to the time specified or agreed on the ticket when the insured arrives. The journey ends when gets off the bus.
Online car-hailing vehicles and drivers that have not obtained qualifications and certificates are not considered online car-hailing vehicles as stipulated in this contract. Hitchhiking (also known as private car sharing) does not belong to the online ride-hailing stipulations in this contract.
The accident protection time is limited from the moment enters the cabin/gets on the bus to the moment leaves the cabin/gets off the bus.
For example, accidental death/total disability caused by an accident on the way to the station, or leaving the station, or in the waiting hall, are not eligible for optional liability compensation. But basic liability can still be compensated.
Don’t think that this optional liability claim limit is too strict. Let’s take a look at the two additional responsibilities of aviation and public transportation for comparison:
Protection Plan: 1 million insured amount, paid in 30 years, guaranteed to 60 years old. The basic guarantee is RMB 1 million + aviation RMB 1 million + public transportation RMB 1 million.
premium: The premium for a 30-year-old male is 1,104.7 yuan/year (an increase of 15.7 yuan), and the premium for a 30-year-old female is 602.7 yuan/year (an increase of 15.7 yuan).
is equivalent to an additional 15.7 yuan per year (specifically subject to insurance). It can provide an additional 1 million yuan in aviation + 1 million yuan in public transportation accident overlay protection. The price/performance ratio is still very high. It is very suitable for people who usually travel a lot.
2. Liability exemption clause
Liability exemption, also known as exclusion of liability , is the situation where the insurance company does not settle the claim.
Liability exemption clauses of Huagui Damai 2020 term life insurance: intentional killing/injury, intentional crime, suicide within 2 years. There are only 3 items, very loose.
By comparing the liability exemption clauses of other term life insurances with the above clauses, you can judge whether other products are loose in terms of liability exemption.
3. Product insurance precautions
Huagui Damai 2020 term life insurance, the protection is simple and easy to understand, and the disclaimer clause is loose and beneficial to you. Are the insurance instructions and health notifications very user-friendly?
When it comes to insuring Internet products, we can all see the insurance instructions or special agreements on the product promotion page. It is very important to understand some insurance matters that we are not clear about or need to pay attention to.
1. Insurance instructions and special agreements
1.1 Requirements for the insured
3. [Insured Person] The age range of this product is from 18 to 80 years old. The policy holder can insure parents, spouse, and children, but must obtain the consent of the insured and approve the insurance amount. If the insured does not agree and approve the insurance amount, the contract will be invalid.
If the investor/insured are not the same person, such as buying term life insurance for your spouse, the other half needs to know and agree.
1.2Insured amount limit
Different age groups, whether there is social security, and the city of residence. These three factors determine the maximum amount of insurance that can be insured for this product.
Super-category cities: Beijing, Shanghai, Guangzhou, Shenzhen, Hangzhou, Nanjing
Example: 30 years old, with social security, living in Guangzhou, the maximum insured amount is 3.5 million. If you are 55 years old, the maximum insured amount is 1 million. What is the maximum insurable amount of
? For details, please refer to the insurance information. If the configured term life insurance coverage is relatively large and one policy is not enough, then we can purchase another term life insurance from another insurance company to achieve the effect by stacking it. Things to note: If you are purchasing a high-sum insured policy, you should first check whether the product inquires about the past sum insured?
1.3Insurance requirements for BMI
7. [BMI requirements] This product has requirements for the height and weight of the insured. The insured amount is within 2 million (inclusive) (16≤BMI＜33), and the insured amount is more than 2 million (16≤ BMI≤30).
BMI calculation formula = weight (kg)/height (m)^2. For example, if you are 70kg and 175m tall, your BMI=70/1.75/1.75=22.9. A BMI of 18.5-23.9 is within the normal range, less than 18.5 means underweight, and greater than 24 means overweight.
For other matters not listed, such as waiting period, hesitation period, etc., please see the insurance instructions.
2.Health notification
The health inquiry only has 3 points, which is generally quite loose.
Point 1: Ask if has or has ever suffered from the following diseases.
In other words, even if you have fully recovered from the following diseases, you still need to be informed.
Inquiry Pulmonary nodules , Lung RADS classification of pulmonary nodules, determined by low-dose CT scan. Huagui Damai 2022 Pulmonary Nodules Level 1, 2, and 3 can be insured directly.
asked about hepatitis. There are many classifications of hepatitis. According to the causative factors, it can be divided into viral hepatitis, drug-induced hepatitis, alcoholic hepatitis, steatohepatitis and autoimmune hepatitis; viruses Sexual hepatitis can be divided into hepatitis A, hepatitis B, hepatitis C , hepatitis D, hepatitis E according to the different infecting viruses. Among them, " hepatitis B " is referred to as "hepatitis B". Hepatitis B is subdivided into hepatitis B virus carriers, hepatitis B minor three positives, and hepatitis B major three positives . The hepatitis that
asked about is a relatively large concept category. If you don't understand this, it is easy to ignore it without informing you. Regarding this inquiry, the same applies to the health notices for other types of insurance.
Therefore, if you have hepatitis, it is recommended to choose other term life insurance that does not ask about hepatitis, which is the safest.
Point 2: Time point, If you have been refused insurance, extended, or applied for cancer /critical illness claims in the past two years, you need to be informed.
Point 3: Ask whether you engage in any of the listed high-risk sports. Nothing to ignore.
Since Huagui Damai 2020 Term Life Insurance does not have intelligent underwriting and manual underwriting, if there are any 3 points in the above inquiry, you cannot insure this product. It is recommended to choose Huagui Damaidu for 2022 term life insurance, or other products that can provide underwriting or have relaxed health inquiries.
3. Product insurance link
Term life insurance product protection and product terms are relatively simple and easy to understand. If you are clear about health inquiries, you can apply for insurance independently.
If you are unsure about any aspects before applying for insurance, it is recommended that you consult first before applying for insurance to be on the safe side. For the insurance link for
products, see the first platform at the end of the article!
3.1 Notes on insurance:
1) Payment period: Choose how long to pay. It is recommended that the longer the better, increase the leverage of and , and reduce the pressure of annual payment.
2) Insured amount: the amount of money that the beneficiary can claim. The insurance amount is determined = house loan + car loan + family expenses in the next 5-10 years + children’s education + parents’ pension.
3) Guarantee period: How long will the guarantee last? Generally linked to the mortgage period, covers the life struggle period of the family's financial backbone.
4) Beneficiary: Choose to specify. Claims settlement is 100% guaranteed to be given to the intended family members, preventing interest disputes, and the claim settlement procedure is simple and convenient. If you forget to specify it when you apply for insurance, you can choose to specify it through the policy change operation after the policy takes effect. is legally treated as an inheritance.
Warm reminder:
does not recommend forwarding the product directly. Recommend it to your friends. They are not clear about my lengthy precautions above (super important!!!).
If he has needs in this regard, it is recommended to forward the article directly, thank you!
4. Introduction to the insurance company
5. A few words
Let me talk about my views on this product, for reference only.
--Advantages:
1. Huagui Damai series products are the flagship products of Huagui Life Insurance in the market, and are also highly recognized products in the market.
2. The premium is cheap, the protection is high, there are few disclaimers, and the product is the best.
--Disadvantages:
1. A small company with low visibility.
2. The health notice inquires about pulmonary nodules and hepatitis, which is not friendly enough to people suffering from pulmonary nodules and hepatitis.
Huagui Damai 2022 term life insurance is overall a very good term life insurance product. There are no major flaws in the product terms and details. It can be allocated to the family's financial supporter.
--Statement:
product evaluation and analysis, only for (or part of) product terms, the existence of means reasonable .
If the promotion page and insurance instructions are updated, the latest insurance products shall prevail!
If there are any areas that are not covered or described incorrectly, please feel free to correct them, thank you!
If there is anything you don’t understand or don’t understand, please feel free to ask. My little brother has a good temper and is not a bad person to ask.
Article first platform: Insurance Wu Nansheng
