Is it better to buy long-term or short-term health insurance?

First of all, I can say it clearly and responsibly: it is necessary to buy!
In light of recent current events, it is easy to see that it is necessary to buy health insurance, and to buy it in advance, you can’t buy it after an accident. Critical illness insurance, in the event of a disease on the policy, the insurance company will pay out a lump sum of the sum insured, which can be used freely. It can be divided into savings (with death) and consumer (without death) according to whether death is included or not. The savings type is much more expensive than the consumer type, so there is no such thing as the best one. Only the most appropriate purchase plan. When buying, make sure to pay attention to the “outside the scope of coverage” situation. There is another type of critical illness insurance called “refundable critical illness insurance”. This is because it is difficult to return to the age of 80, and inflation brings currency devaluation. I don’t recommend buying it here.

The second is medical insurance, where you pay for your own treatment when you get sick and then get reimbursed by your insurance company with your bill.
The biggest difference between medical insurance and critical illness insurance is that the reimbursement can only be used for medical treatment after paying out-of-pocket. Treatment costs must be necessary and reasonable to be reimbursed. Medical insurance will not pay out more than the cost of medical treatment. Even if a medical insurance policy has a high amount of coverage, it will not actually be used. Medical insurance is subject to reimbursement coverage, reimbursement rates and deductibles, so pay attention when you buy it! Therefore, “critical illness insurance + medical insurance” is the best combination. The latter can neutralize the cost of treatment, and the former can get extra money. The latter can neutralize the cost of treatment, while the former can provide additional funds for maintenance, education, life, etc. after a serious illness. As you can see, the different types of insurance are not conflicting and complement each other.

Three As for accident insurance and life insurance, they serve more to minimize the consequences of uncontrollable risks. Accident insurance is very cost effective and there is no reason not to buy it; life insurance is more needless to say, people inherently die and carry the final responsibility for their families. The effective scope of these two products is relatively clear and there are not many disputes.
It is worth noting that accident insurance does not pay out for accidents like heat stroke and sudden death that are essentially caused by personal physical causes. The last thing you need to do is to pay attention to the “exclusion clause” when purchasing.