With the increase of people’s risk awareness, insurance has gradually been known and accepted by people. In addition to social insurance, people have also begun to pay attention to commercial insurance, because it can make up for the insufficiency of social insurance and make insurance more comprehensive and accurate. It is recommended to arrange in advance, but people who buy commercial insurance are most concerned about the product price to ensure that the premium payment will not have an impact on family life. Let’s take a look at how much commercial insurance is a year? Specific case analysis.
Factors affecting the price of commercial insurance
Insurance age: The price of commercial insurance is affected by the age of insurance. The younger the insured, the cheaper the premium, and as the age increases, the premium also increases. Therefore, it is necessary to purchase commercial insurance as early as possible to obtain premiums.
Basic insurance amount: For most products on the market, policyholders can choose the insurance amount flexibly. The higher the commercial insurance amount, the higher the premium. Therefore, consumers are advised to choose according to their actual needs and do not blindly pursue high insurance amounts.
Payment methods: There are also various payment methods for some insurance products, such as single payment and annual payment. One-time payment is higher than the annual payment, but in general, the premium paid is less, and annual payment can ease the economic burden. For ordinary families, The annual payment is more suitable.
How much is commercial insurance per year
Mr. Zhou is a 35-year-old civil servant. As the child has already started school this year, he feels great responsibility as the financial pillar of the family. He is worried that various external risks will cause harm to the family. Therefore, he decides to arrange an insurance plan for himself. After verifying various information and consulting relevant insurance personnel, we decided to purchase the insurance product for ourselves as accident insurance + medical insurance + critical illness insurance. The prices of different commercial insurance products are different. Let’s take a look at the specific prices of specific products.
use White Dragon Horse Million Value Protection Plan
Insurance period: 30 years
Basic insurance amount: 100,000 yuan
Payment period: 10 years
Therefore, Mr. Zhou pays an annual premium of 3,459 yuan and can obtain the following protections:
1. In case of unfortunate death and total disability in a private car, a maximum compensation of 2 million yuan can be obtained.
2. In the event of death or total disability in the unfortunate event of death or total disability in a rental car, online car-hailing, commercial car, or shuttle, the maximum compensation is 1 million yuan.
3. Death and total disability protection of up to 1 million yuan for water, land, and light rail transportation;
4. Death and total disability insurance up to 3 million in aviation accidents.
5. The maximum compensation for death or total disability is 160% of the premium.
6. The maximum compensation for ordinary accidental death or total disability is 100,000 yuan.
Basic insurance amount: 3 million yuan
Warranty period: 1 year
Therefore, Mr. Zhou pays an annual premium of 253 yuan, and can obtain the following protections:
1. If Mr. Zhou needs treatment due to an accident or a disease after the waiting period, the hospital medical expenses, special outpatient medical expenses, and surgical medical expenses will be paid by the insurance contract, with a maximum payment of 3 million yuan and an annual deductible of 5,000 yuan.
2. After the waiting period, Mr. Zhou was diagnosed as suffering from a serious illness stipulated in the contract for the first time, and the maximum payment of hospitalization medical expenses, outpatient expenses, and operating expenses for major diseases was 3 million yuan, with no deductible.
Guardian 1 Critical Illness Insurance
Basic insurance amount: 500,000 yuan
Warranty Period: Lifetime
Payment term: 30 years
The annual premium paid by Mr. Zhou is 9,890 yuan, and the benefits obtained are as follows:
1. After the waiting period, if you, unfortunately, suffer from the mild illness stipulated in the contract, you can get a total of three compensations, which are 175,000 yuan, 200,000 yuan, and 225,000 yuan respectively. 50 kinds of mild illnesses can be compensated 3 times without grouping, and there is no waiting. period, the critical illness protection is still valid after three payments.
2. After the waiting period, if you, unfortunately, suffer from the serious illness stipulated in the contract, you can get a total of five compensations, each of which is 500,000 yuan. The 100 kinds of serious illnesses are divided into 5 groups, and you can pay a total of 5 times. The interval is 180 days. It also means that critical illness insurance can pay up to 2.5 million yuan.
3. After the waiting period, if Mr. Zhou, unfortunately, passes away or is totally disabled, he can get 500,000 yuan of death/total disability insurance.
4. When Mr. Zhou suffers from a mild or serious illness for the first time, after obtaining the relevant insurance benefits, he will be exempted from paying subsequent premiums, and the insurance contract will continue to be valid.
How much is commercial insurance a year? Many factors affect the price of commercial insurance, such as the age of insurance, the basic insurance amount and payment method, etc., and the price of different products is different. For example, a 35-year-old male insured commercial insurance, and the layout of accident insurance + medical insurance + critical illness insurance, the annual premium is 13,602 yuan, and families with financial constraints can reduce their premium expenses, while families with an affluent economy can increase their premium expenses.