Confused about finding the best and cheapest health insurance? Cermati has a solution!
If there is a family member who is or has ever suffered from a critical illness, you will be at high risk of developing a similar illness in the future. For example diabetes, which is often called a hereditary disease.
Therefore, check your health condition. And apply for critical illness insurance as a protective measure if your family has a history of critical illness.
Your lifestyle will also affect your current and future health conditions. If you are a person who is lazy to exercise, does not like eating vegetables and fruits, and often stays up late, you are a person who has an unhealthy lifestyle.
This lifestyle will be prone to make you sick, including suffering from a critical illness. In addition to changing your lifestyle to be healthier, you can also take anticipatory steps by buying critical illness insurance.
Adequate financial conditions do not guarantee you will be healthy and avoid critical illnesses. Once it’s hit, a lot of money is wasted.
It will definitely run out to pay for treatment in the hospital and your daily life if you can no longer work. Instead of setting up hospital treatment costs in savings, it is better to buy critical illness insurance.
Critical illness insurance provides coverage for life-threatening critical illness risks. This compensation can be used to finance daily needs because the insured suffers from a critical condition and cannot work normally anymore.
Or to cover costs that are not covered by health insurance, such as transplant costs, treatment abroad, and others. You can buy critical illness insurance separately or some kind of addition or extension of the health insurance you already have.
Tips for Choosing the Best Critical Illness Insurance
Currently, there are many critical illness insurance products on the market. Here are tips for choosing the best critical illness insurance:
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Pay attention to protection coverage
Look for critical illness insurance products that provide broad coverage. Bear many types of critical illness. Understand the diseases covered and not covered by the insurance.
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Find that there is no wait time or a short wait time
Also find out if the protection benefits can already be used after purchasing a critical illness insurance policy or there is a waiting period. If so, how long is the waiting period?
In critical illness insurance, the waiting period is 90 days, 30 days after the policy was approved. But some are not. So it’s important for you to make sure.
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Choose a product that provides maximum benefits
The coverage period is different for each critical illness insurance product, depending on the insurance company’s policy. Some insurance companies provide protection up to a maximum age of 100 years, but some are under that age.
Meanwhile, health risks will increase with age. So, make sure to choose a product that provides maximum benefits.
In critical illness insurance, apart from a waiting period, there is generally a survival period before the critical illness compensation claimed can be disbursed. The survival period set by each insurance company is different.
There are 30 days, 14 days, 7 days after being declared critically ill. But there are also insurance companies that do not require a survival period.
If the insured dies of a critical illness when the survival period has not ended, then the policy cannot be claimed. Make sure you choose a product with a short life span, so the policy can take effect immediately.
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Ease of paying premiums according to finances
The name covers large costs, critical illness insurance premiums are usually more expensive than health insurance. That’s because the compensation fund that the insured can get is quite large, hundreds of millions to billions of rupiah.
Because of this expensive premium, choose a product that makes it easy to pay premiums according to your financial condition. Is it monthly, quarterly, 6 months or yearly. So, premium payments are not a financial burden.
Choose a Trusted Critical Illness Insurance Company
Don’t be tempted by big benefits, cheap premiums so you don’t become a victim of canned insurance company fraud.
Make sure to buy critical illness insurance products from companies that have good credibility, are registered and licensed at the OJK and insurance associations so that your money is safe.
