Life and health insurance: who needs it and how to get it right

In Russia, insurance is gaining popularity - more and more customers are interested in life and health insurance. Such insurance serves as a kind of financial safety cushion and guarantees quality treatment in the best clinics.

Differences between life insurance and health insurance

Life insurance differs from health insurance in terms of the set of insured events, how the insurance company compensates for damages, and who most often becomes the beneficiary.

In life insurance, an insured event is the death or disability (including temporary) of the insured person. Health insurance covers various diseases and injuries.

In the case of life insurance, the beneficiaries are family members or other persons determined by the insured. If you take health insurance, it is most often issued in relation to yourself. But all insurance can be issued to a third party.

How do life and health insurance work?

After the occurrence of an insured event under a life insurance contract, compensation is issued in the form of a cash payment to the beneficiary.

Under insurance against accidents and illnesses, the insured person receives a cash payment, under VMI - the organization and payment of medical services, i.e. treatment.

Who needs insurance and why?

Any person who makes plans for months and years ahead and is responsible for his own life and the life of his loved ones can get insured. Health insurance helps you get professional help so that you don't fall out of the loop in the event of a serious illness. VHI (voluntary health insurance) is suitable for everyone who wants to receive the best service and does not like to sit in lines.

Health and life insurance will help people who fear serious illnesses. They may have reason to believe that they are predisposed, for example, to cancer or stroke, if there were such cases in the family. The main thing is that at the time of the conclusion of the contract, the insured should not have a disease.

Types of Insurance

Consider three types of life and health insurance:

Accident and sickness insurance with cash payment. An insured event is considered not only a temporary disability, but also a disability of the first and second groups, and belonging to the category of "disabled child".

Voluntary medical insurance, VHI, with treatment. When applying for a VHI policy, you can choose clinics, and types of assistance that will be included in the program (only outpatient services or a clinic with dentistry, including emergency hospitalization). In the event of an insured event, the policy pays off many times over. With voluntary medical insurance, the insurance company provides a service for obtaining medical services in institutions with which it has an agreement. These can be examinations, consultations, analyses, and operations, the cost of which can reach several million.

Serious Illness Insurance (SoSI) is assistance in the early diagnosis and modern treatment of cancer, and problems with the heart and blood vessels, spinal cord, and brain. Recovery requires money and support provided by SberInsurance. In the case of diagnosing oncology or any disease that requires neuro- or cardiac surgery, we will organize and pay for treatment by leading specialists in Russia or abroad.

How to choose insurance?

First, you need to decide what you need: treatment and maintenance of health or provide for the possibility of treating serious diseases - depending on this, choose VMI / SoSB or insurance against accidents and diseases. Study insurance programs, what is included in the list of main risks and services, what is included in the basic packages, and what is paid extra. Focus not so much on the cost of the policy, but on the conditions and amount of payment. In the case of VHI, find out which medical institutions provide their services under the program.

Detailed information can be found on any offer. For example, SberStrakhovanie offers VHI policies with three sets of services: basic, standard, and advanced. They include consultation with specialized doctors, diagnostics, calling specialists at home, calling an ambulance, and placing in an emergency hospital. The extended set is supplemented by the services of a dentist. Any person under the age of 70 can be insured. The policy of up to 6 people can include . The company gives access to clinics operating according to modern standards with expensive high-quality equipment. The insurance company covers 80-100% of the cost of diagnostics and treatment.

How to choose insurance?

When choosing an insurance company, learn more about it: check how long it has been on the services market, and read reviews. Be sure to check whether the organization has a license to provide insurance services. Find out the procedure for exchanging documents: is it possible to do this by e-mail, in a mobile application, or is it mandatory to come to the office.

Factors affecting the cost of insurance

The price of the policy is made up of different values. There are factors (the so-called correction factors), depending on which the amount becomes less or more.