Month: June 2025

Many people think that buying a "lifetime out-of-pocket medical insurance" will provide lifetime protection, but in fact, most products have an upper age limit for claims, usually 75 or 80 years old.

Whole life type means that the policy is valid, but it does not mean that the payment will be made for life.

It is recommended to read the terms carefully to confirm the coverage period and evaluate whether other insurance policies are needed to supplement the coverage, so as to truly protect the medical needs of the elderly.

There are two logics for medical insurance: one is the "return type" with higher premiums but refundable upon maturity, which is suitable for people who value the sense of return; the other is the "pure protection type" that focuses on protection and has lower premiums, which is suitable for people who want to use less money to support high protection.

There is no better one, the key is what you need most right now.