Before a serious illness, add a one-year medical insurance or critical illness insurance policy on top of basic medical insurance, and look for the words “guaranteed renewable”
- High value
- Evidence B
- Saves money
- Costs a little
- Takes minutes
- No willpower
In plain words
This kind of insurance covers the part you still have to pay after basic medical insurance has reimbursed its share, and also the loss from time off work. Before you buy, look for the words “guaranteed renewable” (保证续保): without them, the policy may be discontinued or get more expensive next year. Be honest about your health condition, because hiding something can get a claim denied. Pay into basic medical insurance first, then consider this.
Mentioned in
Translated from the Chinese original. Original book, section 7, tip 20. Content may be out of date and rules differ by place. When you actually deal with an agency, a doctor or a court, follow what local officials, doctors and lawyers tell you. Disclaimer