In recent years, in the children’s critical illness insurance market, the two popular IP brands “Bumblebee” and “Little Green Dragon” have been competing fiercely, each with its own strengths.
Recently, Bumblebee No. 11 All-in-One Edition has officially launched!
Parents are eagerly awaiting a conclusion: compared to Little Green Dragon No. 3, who is the “new king” of children’s critical illness insurance?
Although buying critical illness insurance should be based on individual needs and not follow trends, everyone is curious about which one suits them better.
With a mentality of watching the excitement, today I will analyze and compare Bumblebee No. 11 All-in-One Edition vs. Little Green Dragon No. 3, and discuss their differences and which one is more suitable to buy.
I. Differences between Bumblebee No. 11 All-in-One Edition and Little Green Dragon No. 3
Without further ado, let’s get straight to the point:
01 Critical Illness Claims:
– Little Green Dragon No. 3 covers 128 types of critical illnesses with 4 claims, reimbursing 100%, 120%, 140%, and 160% of the coverage respectively.
– Bumblebee No. 11 covers 125 types of critical illnesses with 1 claim, reimbursing 100% of the coverage. Additional multiple critical illness claims can be attached, reimbursing an extra 120%, 120%, and 150% of the coverage respectively.
02 Specific Childhood Diseases:
– Little Green Dragon No. 3 covers 20 types of specific childhood diseases with 4 claims, reimbursing 120% of the coverage; 20 types of rare diseases with 4 claims, reimbursing 200% of the coverage.
– Bumblebee No. 11 covers 20 types of specific childhood diseases with 1 claim, with the coverage increasing in steps over the first 3 years of the policy: 60% → 120% → 150% of the coverage; 20 types of rare diseases with 1 claim, with the coverage increasing in steps over the first 3 years of the policy: 100% → 200% → 220% of the coverage. After attaching multiple critical illness claims, the 2nd to 4th claims for specific childhood diseases and rare diseases are activated, each reimbursing 100% of the coverage.
03 Leukemia Coverage:
– Little Green Dragon No. 3 reimburses 50% of the coverage for leukemia bone marrow transplants.
– Bumblebee No. 11 reimburses 80% of the coverage for leukemia bone marrow transplants, and before the age of 18, it reimburses 100% of hospitalization medical expenses for leukemia, up to a maximum of 200,000.
04 Autism Coverage:
– Little Green Dragon No. 3: Diagnosed severe autism in children reimburses 20% of the coverage. Each rehabilitation treatment for autism reimburses 15% of the treatment cost, totaling 100% of the coverage.
05 Disease Care Fund:
– Little Green Dragon No. 3: For the first critical illness, an additional 100% of the coverage can be reimbursed, 30% for moderate illnesses, and 10% for minor illnesses.
– Bumblebee No. 11: For the first critical illness, an additional 80% of the coverage can be reimbursed, 30% for moderate illnesses, and 10% for minor illnesses.
06 Hospitalization Allowance:
– Little Green Dragon No. 3 has excellent hospitalization allowances: reimbursement for hospitalization due to critical/moderate/minor illnesses or accidents before the age of 18, up to 400 yuan per day.
II. Bumblebee No. 11 All-in-One Edition vs. Little Green Dragon No. 3: Which is Cheaper?
Bumblebee No. 11 All-in-One Edition has increased coverage without increasing prices. The price is lower than that of Bumblebee No. 10 All-in-One Edition, and it is comparable to Little Green Dragon No. 3.
III. Comparing China Life Insurance with Junlong Life Insurance, Which is More Reliable?
The stability of insurance company operations is also an important factor affecting parents’ choices.
– China Life Insurance:
– As of the first quarter of 2024, China Life Insurance has a core solvency ratio of 96.01%, a comprehensive solvency ratio of 183.39%, and a risk-based capital adequacy ratio of BB, exceeding the standards of the China Banking and Insurance Regulatory Commission.
– Junlong Life Insurance:
– As of the first quarter of 2024, Junlong Life Insurance has a core solvency ratio of 120.74%, a comprehensive solvency ratio of 163.70%, and a risk-based capital adequacy ratio of BB, exceeding the standards of the China Banking and Insurance Regulatory Commission. This indicates that Junlong Life Insurance’s operational capability is also reliable.
In fact, both companies are legitimate and reliable insurance companies. Purchased policies are protected by law, and even if the insurance company goes bankrupt, someone will step in to ensure that policy benefits are not lost. So, you don’t need to worry about not receiving payments. The key factors to consider are the cost-effectiveness of the products, the adequacy of coverage, and the premiums.
