What pitfalls should I be careful of with Yiyue Worry-Free Lifetime Care Insurance?

Yiyue Wuyou Lifelong Care Insurance can be said to be very popular on the Internet. I heard that the price/performance ratio is very high, and many friends are asking whether the price/performance ratio of Yiyue Wuyou Lifelong Care Insurance is really good. So high? Is it really worth buying?

The senior sister will give you an in-depth review below! This article can help you familiarize yourself with Yiyue Worry-free Lifetime Care Insurance in advance. For those who don’t know, come and take a look:

"How about 2022 Ruihua Yiyue Worry-free Lifetime Care Insurance?" Read it before starting! 》

1. What protections does Yiyue Worry-Free Lifelong Care Insurance provide?

As usual, let’s take a look at the product protection chart first:

From this comprehensive protection chart, we can know that the protection content of Yiyue Wuyou Lifelong Care Insurance is still Relatively rich. Therefore, in order for everyone to have a clear understanding of this product, I would like to discuss the Yiyue Worry-Free Lifetime Care Insurance in detail from two aspects: insurance rules and coverage content.

1. Analysis of insurance rules

Yiyue Wuyou Lifelong Nursing Insurance only allows people aged 28 days to 65 years old to choose insurance. The protection period is set for life and the payment period is five years. , the waiting period is up to 180 days.

The insurance age setting for Yiyue Wuyou Lifelong Care Insurance is quite loose. Currently, the maximum insurance age set by most products of the same type is around 60 years old. In comparison, Yiyue Wuyou Lifelong Care Insurance is more humane for people aged 60-65.

It is undeniable that the protection period of this product is too fixed, although lifetime protection can provide the insured with stable protection. However, the premiums are relatively expensive. If the insured's financial situation is not very good, it may bring financial pressure.

In fact, in addition to the protection period, we actually also have skills when choosing the payment period. If you haven't understood this yet, just click on the link to learn more:

"How to choose the payment period so as not to lose money?" 》

2. Analysis of protection content

The protection content of Yiyue Wuyou Lifelong Care Insurance is mainly disease death insurance and nursing insurance.

If the insured dies due to illness before the first anniversary of the insurance policy (not including the current day) when he reaches the age of 18, the insurance company will pay the premium based on the paid premium and cash value at this time. The larger value will be used to pay compensation to the insured and the contract will be terminated at the same time.

If the insured dies due to illness after the first policy anniversary (including the day) when he reaches the age of 18 and before the expiration of the payment period (excluding the day), the insurance company will pay the compensation. Premium* corresponds to the larger value of coefficient and cash value, and the contract is terminated at the same time.

If the insured dies due to illness after the first policy anniversary (including that day) when he turns 18 years old after the payment period expires (including that day), the insurance company will pay the premium paid* Corresponding to the larger one among coefficient, cash value and effective insured amount, the contract will be terminated at the same time.

In addition, if the insured loses his or her daily living ability due to illness during the coverage period and continues until the end of the observation period, nursing insurance benefits can also be obtained. However, depending on the age of the insured, the insurance company will pay nursing insurance benefits in different ways.

After reading this place, I believe you already know almost everything about Yiyue Worry-Free Lifetime Care Insurance. Some people may ask, is this product worth purchasing? Please continue reading below!

2. Is Yiyue Worry-Free Lifelong Care Insurance worth insuring?

In fact, the most attractive thing about Yiyue Wuyou Lifelong Care Insurance is that the insured amount of this product can be directly increased. Then the insurance amount increase rate set by this product is 3.5%. In short, as the protection time continues to pass, the insured can still have more and more adequate protection.

In addition, since Yiyue Wuyou Lifelong Care Insurance product also has the function of reducing insurance coverage, the insured can get the cash value of the insurance reduction part by reducing insurance coverage. Therefore, Yiyue Wuyou Lifelong Care Insurance can also allow the insured to obtain certain benefits. And as the coverage period extends, the benefits that the insured can earn will gradually increase.

Overall, Yiyue Worry-Free Lifelong Care Insurance has very comprehensive coverage and good value for money. It is a product worth configuring.

But friends can also look at other nursing insurance plans with better protection on the market, and then compare and choose the configuration that best suits them.

In addition, if you want to manage your finances through insurance, you can also learn about the following products:

"Ranking of the Top Ten Financial Management Insurances" ▏Want to buy high-yield financial insurance? Don’t miss these 10 styles! 》

Write it at the end

I am a top scholar who talks about insurance, focusing on objective, professional and neutral insurance evaluation;

If the above content has not been resolved yet For your questions, you can also consult me ??on the official account Xueba Talk Insurance;

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

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