To determine what kind of people are more likely to terminate the insurance contract early and file a claim, there are usually many factors involved. The following are some common situations.： ### Health related 1. **People with serious or chronic diseases** -For example, people with serious diseases such as cancer, severe heart disease, complications of diabetes, etc. -Taking cancer patients as an example, they may need a lot of medical expenses for surgery, chemotherapy, radiotherapy and other treatments. The protection provided by insurance can help pay for these high costs, so it is likely that the insurance contract will be terminated early and a claim will be filed after the diagnosis. Because they are facing urgent medical funding needs, insurance funds can relieve economic pressure. -Patients with chronic diseases such as rheumatoid arthritis and systemic lupus erythematosus need long-term drug treatment and regular medical examinations. As the condition progresses, medical expenses continue to increase. When they find that existing insurance guarantees can cover these expenses, they may choose to terminate the contract early and make a claim to ensure that there is sufficient financial support for follow-up treatment. 2. **Those whose health has deteriorated sharply** -People who were originally healthy but suddenly suffered a major accident that caused physical disability or serious injury. For example, if they are paralyzed due to a traffic accident, they need long-term rehabilitation treatment, nursing services, and the purchase of special assistive devices. These expenses are a huge burden for individuals and families, so they will rely on insurance compensation to pay, which may terminate the insurance contract early and file a claim. -Sudden acute and severe diseases, such as acute myocardial infarction, cerebral hemorrhage, etc., may result in high medical expenses and follow-up rehabilitation expenses during treatment. In order to obtain insurance compensation for economic difficulties, patients and their families will consider terminating the insurance contract early and filing a claim. ### Economic situation related 1. **Those facing financial difficulties** -People who are unemployed and have no source of income for a long time. For example, unemployment due to business failures or industry downturns, life is in trouble, and there are not enough funds to maintain daily expenses and pay for possible medical expenses. At this time, they may think of using insurance to relieve economic pressure, terminate the insurance contract early and file a claim. For example, the payment of medical insurance can pay for some necessary medical expenses and reduce their own financial burden. -Those who are burdened with high debts, such as those who have overdue mortgages and car loans and are at risk of repossession of their houses or vehicles, or who have huge credit card arrears and are facing a credit crisis. They may want to obtain a sum of money through an insurance claim to repay the debt and avoid further deterioration of their financial situation, so they will consider terminating the insurance contract early and filing a claim. 2. **Economic interest driver** -A person who has misleading or fraudulent information when purchasing insurance and attempts to defraud insurance benefits. For example, deliberately concealing important health information to purchase medical insurance, and rushing to terminate the contract claim after the diagnosis of the disease. Such people are not really for reasonable insurance needs, but to obtain improper economic benefits. -In some cases, the insured may find that the payment amount of the insurance contract is greater than the premium paid, and his own economic situation is in urgent need of funds, resulting in the motivation to terminate the contract early and make a claim. For example, for some insurance products of an investment nature, when the investment income is poor but the compensation amount is relatively high, some insured persons may choose this method to obtain funds. ### Insurance product terms related 1. **Those with limited coverage and who do not meet the requirements** -Purchased a medical insurance with a low insurance amount and narrow coverage. For example, it only covers outpatient expenses for some common diseases, and the insured suddenly suffers from a serious inpatient illness. Since the existing insurance cannot provide sufficient protection, they may choose to terminate the insurance contract early and insure and claim from other insurance companies that are more in line with their needs. -For some property insurance, if the scope of protection does not include specific risks, such as housing insurance does not cover earthquake risks, and an earthquake occurs in the insured's area and causes damage to the house, the insured may feel that the existing insurance cannot meet the demand, so he considers terminating the contract early and instead seeking to provide earthquake protection.Insurance products and make claims. 2. **Those who are in urgent need of protection after the waiting period** - Purchased insurance products with a waiting period such as major illness insurance, and diagnosed a major illness stipulated in the contract after the waiting period. Because of the urgent need for funds for treatment, the insurance contract will be terminated early as soon as possible and a claim will be filed to use the insurance money to pay medical expenses and make up for lost income. -For example, if you have purchased an accidental injury insurance, the waiting period is 90 days, and on the 91st day, the insured has an accident that caused a fracture. Since the waiting period has passed, the insured will want to obtain insurance compensation as soon as possible to pay for fracture treatment and rehabilitation, so the insurance contract may be terminated early and a claim may be filed. ### Life change related 1. **Those who are at increased risk due to career changes** -Change from a low-risk occupation to a high-risk occupation, such as from an office worker to a construction worker. The increase in occupational risks makes them face a higher probability of injury and illness, and the original insurance coverage may no longer be sufficient. In order to obtain fuller protection, they may terminate the original insurance contract early and choose the appropriate insurance product to insure and claim according to the risk profile of the new occupation.