Hello, how are you
As we know, the risk of life is there and it can happen without us guessing whether it is critically ill, permanent disability or premature death.
Shifting risk to insurance companies is one way to minimize the risks that may occur.
Life insurance provides death benefits that will ensure the needs of loved ones remain fulfilled even when we are no longer with them.
While health insurance helps pay hospital fees when there is a risk of illness that causes us to be hospitalized or undergoing surgery at the hospital.
This health insurance is suitable for non-critical illnesses where hospital fees can be paid and we still have income.
The benefits of hospital reimbursement in health insurance generally include room charges, doctors, medicine or surgery.
Reimbursement system claims can be done through two ways: cashless or reimbursement.
On a cashless claim system, the customer only needs to show the insurance membership card at the partner hospital. Furthermore, the cashless provider will help take care of the hospital bills so that customers do not need to spend cash, unless there is an excess claim that is not covered by the insurance company.
Unlike the claim system reimbursement where the customer must pay the hospital bills in cash first. Furthermore, the hospital receipt is submitted to the insurance company to do the replacement.
So what if there is a risk of critical pain that requires a big cost and we can no longer work?
Critical illness insurance will serve to fill the protection gaps that have not been met by health insurance and life insurance. At the moment we have to pay high critical pain treatment fees and no longer have income.
Through the critically sourced cash benefits, we can pay for unbuded medical expenses such as transport to pace to the hospital, expenses while accompanying the sick during hospitalization and household expenses that must be kept running.
Critical illness insurance provides benefits in the form of sum assured that the model is similar to the benefits of life insurance.
Sum Assured is a cash compensation paid by the insurance company at the same amount as stated in the contract of policy benefit.
Critical illness insurance will complement the benefits of health protection to keep our financial footprints running as planned when critical ill risk is sudden.
Souce :
http://family protection.com/simple-info/ 178v- usability-and-benefits-insurance - health- and - insurance -pain -kritis.html