What type of insurance coverage should I have first? As a first step, you must start with personal health insurance that protects your most important needs. This insurance protects you from accident risks, provides coverage for hospital costs, surgery and other medical needs. What should I do to protect the future of my family? Protect yourself first, that's the main one. Then protect your family by making sure they have enough funds to finance all needs. These needs include the cost of educating children, housing installments, anticipatory funds for emergencies, as well as funds for other dependents such as parents in old age. Will insurance reject me if my family line has a history of diseases such as cancer, diabetes and high blood pressure? If your family has a history of these diseases, then you will be charged a higher fee than the normal premium of 25% to 50%. That's why it's very important for you to have insurance as early as possible - as long as your health is still excellent. Most likely you will still get insurance coverage even though you have a medical history, and even allow you to not be subject to additional fees.
Don't delay procuring health insurance, because the longer, the more likely it is to incur additional costs or disqualifications. However, paying a higher premium is still much better than not having insurance at all, especially when you get sick. What if I can't pay the premium because of financial difficulties or health problems? There are several options to help you get through difficult times. One of them is taking premium or premium loan leave. Other options can also give you the benefit of monthly income when you are no longer able to work.
Some education insurance products have additional benefits, where when a parent falls ill or dies, then the child will be exempt from the obligation to pay the premium and ensure the cost of children's education is paid in full upfront. At present I bear the needs of my parents. Are there products that can protect them if something happens to me? Yes, there are many insurance products where you can apply for your parents to be an heir who will receive a single payment if something unwanted happens to you. This protection helps to take care of your parents' financial needs. You can also register them for insurance products that will reimburse costs related to hospitalization, surgery, physiotherapy and even traditional Chinese medicine and treatment. This product product offers monthly benefits or lump sum when experiencing disability.