Advantages and disadvantages of reimbursement medical insurance

Reimbursement medical insurance can be divided into one-year insurance and term insurance according to the insurance period, each of which has its own advantages and disadvantages. The original insured can flexibly choose the year of insurance, with high financial freedom. However, there are many regulations on the underwriting and renewal of such products. For example, for the insured over 40 years old, the physical examination standard will be stricter than that of young people, while for the insured over 50 years old, almost all of them require physical examination; In addition, the insured is healthy when he is young and can almost renew his insurance, but for middle-aged and elderly people, especially those with multiple diseases and claims records, the insurance company may refuse to renew his insurance or increase the premium.