Nowadays, the insurance industry is becoming increasingly developed, and many people like to buy insurance for themselves and their parents in order to protect their future lives or to feel at ease. But as soon as the baby is born, many parents hesitate and don't know whether the baby should buy insurance or whether the insurance company will lose money if they do. I don't know anything.
Should the baby buy insurance
One insurance that needs to be configured for babies is accident insurance. One reason is that children belong to the group with high accidental injury rates. Accidental medical insurance can cover many small things in daily life, such as walking, falling, breaking bones, being cut by sharp objects, or being bitten by dogs. These situations are all within the scope of accidental medical compensation.
And these unexpected situations are not compensated by social security when seeking medical treatment in hospitals. Baby accident insurance should not focus on death protection, but on the value of medical compensation.
Another very important reason for providing accident insurance for babies is that children's accident insurance can find good products with additional inpatient medical care. Hospitalization cannot be replaced by accidental medical treatment. There are also many cases where hospitalization is not caused by accidents, accidental medical treatment is not compensated, while inpatient medical treatment is compensated for the result, which means that regardless of the reason, as long as the final result is hospitalization, it can be compensated.
The probability of hospitalization caused by a baby's illness is relatively high, and the cost is not small one by one. The medical insurance coverage is not high, so hospitalization is necessary. This accident insurance product designed specifically for children, with hospitalization reimbursement for diseases, should be the most cost-effective product among all insurances and is very worth configuring.
What insurance is suitable for babies to buy
Before purchasing commercial insurance, children should first purchase children's social security and school's student insurance, so as to have basic protection, and then supplement it on this basis.
The core function of insurance is protection, and protection type insurance has the significance of expanding from small to large and has a leverage effect.
Due to the unpredictability of accidents and illnesses, and the potential serious impact on the economic situation of the entire family in the event of such incidents. So accident insurance and health insurance are essential types of insurance for children, and there are also many classifications of accident insurance and health insurance, which can be chosen according to one's own family situation and needs.
As for education fund insurance, its biggest function is to force savings, and the returns will not be too high, so whether to purchase it depends on the investment channels and preferences of the customer's family.
So if you want to give your baby insurance, parents can start with accident insurance. The baby is still young, curious about everything, and doesn't understand anything. If a parent accidentally harms their child, accident insurance plays a significant role, adding peace of mind and protection to all parents.
