Taikang Life Insurance has recently launched Happy Health (Jiahui Adult/Jiahui Kids) Critical Illness Insurance to provide customers with more preferential and solid critical illness protection and build a solid line of defense against health.
Comprehensive protection and loving protection
According to the "2023 Taikang Life Claims White Paper", Taikang Life's critical illness insurance claims in 2023 will reach 4.88 billion yuan, an increase of 17 times in the past ten years. Malignant tumors, ischemic heart disease, and cerebrovascular disease are the main causes of critical illness insurance. Nearly half of the top 10 claims of the year were malignancy-related claims. It is urgent for each family to plan and allocate the appropriate critical illness protection as early as possible according to their own needs and financial situation.
Taikang Happy Health (Jiahui Adult) Critical Illness Insurance introduces the main protection responsibilities of Happy Jiahui series products. This is a whole life critical illness insurance that covers mild, moderate and severe illnesses with up to three times the payout, which can provide customers with comprehensive health protection.
1. Solid and comprehensive protection, enjoying health (Jiahui Adult) has four highlights
Full coverage. It covers 6 major insurance liabilities: 40 mild diseases, 20 moderate diseases, 120 critical illnesses, terminal diseases, high disability, and death. Mild diseases include mild acute myocardial infarction, mild stroke sequelae, carcinoma in situ and other diseases, moderate diseases include heart valve interventional surgery, motor neuron disease, brain injury and other diseases, and major diseases include malignant tumors (severe), severe acute myocardial infarction, severe stroke sequelae, major organ transplantation and other diseases.
Multiple payouts. The maximum amount of compensation can be 8 times, including 6 mild illnesses, 1 moderate illness, and 1 critical illness. The cumulative maximum payable 300% of the basic sum assured: 6 claims for minor illness, 25% of the basic sum assured for each claim, 50% of the basic sum assured for moderate illness, and 100% of the basic sum assured for critical illness.
Note: Critical illness insurance, high disability insurance, terminal illness insurance and death insurance will only be paid during the insurance period, and 100% of the basic sum assured will be paid.
Waiver. Waiver of premiums for mild and moderate illnesses, if the insured is diagnosed with a mild or moderate illness as defined in the product contract for the first time after the waiting period by the hospital, the insurance premiums for each period after the date of diagnosis of the disease will be exempted, and the insurance premiums will be deemed to be the premiums paid, and the contract will continue to be valid.
I can change it. The beneficiary has the option to convert all or part of the insurance money or cash value into an annuity when applying for the insurance benefit.
2. Optimize the insurance rules, empower customers, and upgrade for the benefit
The issue age will be further relaxed. For customers who choose to pay for more than 15 years, the maximum age of insurance will be increased from 45 to 50 years old, and the elderly can also enjoy it, benefiting a wider range of people.
Waiver of payment period. The payment period is reduced by two years, and for customers who choose to pay the fee for more than 18 years, the payment period is shortened by 2 years and written into the contract. The payment period minus 2 years means that the payment period of this product is 18, 23, and 28 years, which is two years shorter than the 20, 25, and 30 years of "Happy Health 2023".
Note: The specific insurance liability and liability exemption are subject to the terms of "Taikang Happy Health (Jiahui Adult) Critical Illness Insurance".
The waiting period is further shortened. The waiting period has been reduced from 180 days to 90 days, allowing customers to be covered earlier.
Underwriting is more user-friendly. 20 types of diseases such as high blood pressure are covered according to the standard body, and thyroid cancer and lung nodules are excluded. According to public data, there are more than 100 million people suffering from pulmonary nodules in mainland China, and these large numbers of people often face a situation where the choice of insurance products is relatively limited.
Note: Not all diseases can be insured with illness, only designated diseases, different diseases have different coverage, breast diseases, adjacent to the standard body coverage, breast hyperplasia/cyst (B-ultrasound BI-RADS classification ≤ level 2), lung nodules need to fully meet the requirements can be exempted from liability coverage, cancer insurance is limited to thyroid cancer, thyroid cancer according to the customer's age, disease status, the underwriting standards are different, all refer to a single abnormality, if multiple abnormalities are combined, a comprehensive evaluation must be made, and the final opinion is subject to the company's underwriting conclusion.
At the same time, the Lexiang Jiahui series of products continue the classic configuration of the children's version to protect the child's life. Taikang Happy Health (Jiahui Children) Critical Illness Insurance is a whole life critical illness insurance for children. On the basis of maintaining the responsibilities and advantages of the adult version, it also adds a number of rights and interests such as multiple claims for critical illness, exemption from critical illness, and care fund for children according to the characteristics of children. A total of up to 12 claims (6 times for mild illness, 1 time for moderate illness, 5 times for critical illness), up to 7.5 times of the basic sum assured, not absent when the child needs critical illness protection the most, enjoy the right of critical illness waiver, after the first claim for critical illness, the unpaid premium will be waived, and the critical illness benefit will continue to be effective, and if you suffer from a critical illness before the age of 30, you will receive an additional 50% of the basic sum insured to accompany your child to grow up with more love.
Exclusive service
Health and wealth are harvested
Build a foundation for customers' health, purchase Happy Health (Jiahui Adult/Jiahui Child) critical illness insurance, and enjoy health and wealth management services at the same time.
1. "Worry-free nursing" service: Give full play to the advantages of Taikang's medical care ecology in the country, integrate high-quality rehabilitation nursing resources, and bring the whole process of health care solutions for surgical customers, including inpatient nursing care, discharge rehabilitation care, and home-based care, so as to truly solve postoperative nursing problems and help patients recover faster. The service covers three major scenarios: hospitalization, discharge, and homecoming. When hospitalized, the hospital nurse resources are locked to help customers enjoy 8 days and 7 nights one-to-one nursing services; when discharged, they are connected to Taikang's designated rehabilitation ecological hospital to bring rehabilitation assessment, rehabilitation medical assistance, and transfer between hospitals in the same city; when they go home, they lock in nurse + rehabilitation expert resources.
The "Worry-Free Care" service is not limited to the type of critical illness and can be used at Taikang Lvtong Hospital for inpatient surgery and can be used by the whole family.
Note: The service is activated on the next day after the policy is underwritten, and can be used by logging in to the Taikang Doctor APP to obtain a membership card, and the benefits are valid until June 30, 2025.
2. Wealth management services: The purchase of Happy Health (Jiahui Adult/Jiahui Children) critical illness insurance products can form an insurance product plan with Taikang Futai 2.0 Whole Life Insurance (Universal) (referred to as Futai 20 Universal Insurance Account), and Futai 20,000 Universal Insurance Account helps customers lock in long-term benefits with a minimum guaranteed interest rate of 2%. In addition, it may also provide a floating income higher than the guaranteed interest part of the universal insurance account, and win the possible income on a stable basis.
Note: The portion of the annual settlement interest rate of the universal insurance policy account value over the minimum guaranteed interest rate is uncertain. There will be certain costs for the entry and partial collection of universal insurance in the first five years, which are subject to the terms and conditions, and the historical income is for reference only and does not represent a commitment to future income.
Critical illness benefit is fully covered
A strong line of defense for national health
Suffering from a critical illness is life-threatening and costly, and it is a major blow to most families. Taking the most prominent malignant tumor as an example, according to the "Analysis of the Age Characteristics of Malignant Cancer Incidence and Death in the Chinese Population in 2022" released by the National Cancer Center, there will be 4.825 million new cancer cases and about 2.574 million deaths in China in 2022, ranking first in the world.
At a time when the cost of malignant tumor treatment is often hundreds of thousands, there will undoubtedly be a big protection gap if the critical illness insurance is insufficient. Although there is a basic medical insurance backing, medical insurance focuses on inclusiveness, and more importantly, it is necessary to improve its own risk protection awareness and strengthen commercial insurance protection.
Obviously, under the premise that the risk of critical illness is increasing year by year, choosing an appropriate critical illness insurance for yourself and your family has become a "rigid need". Critical illness insurance is an effective protection tool for the public to hedge the risk of illness and the risk of income cliff caused by illness.
In the future, based on the new life insurance, Taikang Life will tackle the "health closed loop", continue to improve health solutions, meet the needs of customers for health management throughout the life cycle, and make insurance better serve the people.