What does Ctrip mean by canceling insurance?

Only after paying the insurance premium, pay the insurance premium to the insured according to the insured amount within the insurance validity period. If the insurance period ends and there is no risk, the premium paid before will not be refunded and will be consumed.

It is not appropriate to divide critical illness insurance into consumption type and savings type (return type), and it is not written in the textbook.

The same title has also led to many misunderstandings.

Most consumer goods are short-term products. The "return type" will return the money in the future, and will not spend it if it is not sick. In fact,

It's a lifetime guarantee, so it's a long-term product-but it's more cost-effective to buy lifetime insurance directly.

If there is only short-term insurance and no continuous long-term insurance, then there is no insurance accident at the age of 60 (big)

Most people), there was no insurance at that time, which became a burden for children. Golden Elephant Insurance Bianxiao Company recommends that you combine short-term and long-term products to buy, and don't completely believe in consumption.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.