Nowadays, many insurance policies will be accompanied by a conversion clause, but this clause will have many restrictions. Usually, the insurance company will stipulate the types of insurance you can convert in advance, which is difficult to meet your specific needs. Moreover, it is equivalent to buying new insurance with the cash value of your policy.
But generally we don't recommend customers to surrender their insurance. As long as you buy insurance, insurance is always good. Besides, your mother is 45, and her health is not very good. It will be very troublesome to buy when you are old. If you are not short of money, go and pay.
Accident insurance can consider Xinhua Life's "multi-insurance pass". I bought this personally. 100 yuan is guaranteed for one year, 10000 yuan is accidental death and total disability, 1- 100000 yuan is partial disability, and 2000 yuan is accidental medical treatment, with low deductible. It's more affordable and the service is ok.
Health care depends on your needs. There are two main types: general medical treatment (including outpatient and emergency treatment, but it will be more expensive) and hospitalization (it is relatively cheaper to pay claims after hospitalization). If you buy hospitalization, it is recommended to choose insurance without the concept of exemption period. In addition, the reimbursement of medical expenses should be packaged and reimbursed, rather than separating the amount of surgery fees, miscellaneous fees and bed fees.
Finally, sickness insurance now generally refers to critical illness insurance.
From the perspective of security, it can be divided into fixed insurance amount type (unchanged, low anti-inflation ability) and fixed incremental insurance amount type (automatically increasing insurance amount in proportion every year, which is slightly higher than the relative premium). There is also the dividend-paying type, but this kind of critical illness insurance is prohibited by the state, but some insurance companies play the sideline to make critical illness insurance have a similar effect.
Judging from the termination of the policy, there are two kinds: repayment of the principal at maturity (equal to buying insurance with interest) and lifelong protection (paying death insurance with death liability).
Personally, I prefer the type of fixed incremental insurance plus lifelong protection. After all, buying critical illness insurance is for protection, not investment income.