Can a 14 year old still buy education insurance and if so, how to buy it

Hello! Education insurance should be purchased as early as possible, and the earlier you insure, the lower the premium. Although 14 years old is no longer the best age to take out education insurance, it is still possible.

For the majority of parents, the cost of their child's college education and the cost of their child when they are just an adult are relatively high, so you can focus on these two aspects of protection when purchasing education insurance. You can choose such an education insurance product, which covers college education, growth and cultivation funds, which is paid at maturity, and at the same time, you can also enjoy death benefits, which meets your requirements for purchasing education insurance for your children.

Xueba says insurance, only recommend insurance that is really useful for children! This year, the comparison table of 136 hot-selling children's critical illness insurance has been updated

Click on the blue word to claim it immediately.

How to buy insurance for your child

First, medical insurance must be handled well, which is the basic guarantee of the people!

After the child is registered, you can go to apply for neonatal medical insurance (urban and rural residents' medical insurance), whether it is a major illness or a minor illness, the basic medical insurance is particularly important, so this must be handled for the child.

Second, after buying medical insurance, you can fully configure critical illness insurance + medical insurance + accident insurance in commercial insurance.

Start with critical illness insurance, which provides coverage for a long time (up to a lifetime). Secondly, critical illness insurance pays cash directly after getting sick, which can not only solve the problem of medical expenses, but also solve other associated problems, such as taking care of sick children, and bringing economic losses to the family, which require a lot of cash to make up. Buying a pure protection critical illness insurance can just solve these problems in the future.

Let's talk about why we need to configure medical insurance, which can be used to reimburse the medical expenses of children's usual medical treatment, for example, with a 0 deductible hospitalization medical insurance, the sum insured is 10,000 yuan, and the annual premium is only one or two hundred yuan, which is very practical.

Finally, it is necessary to have an accident insurance, it is very cheap for children to buy accident insurance, as long as it is sixty or seventy yuan a year, you can buy 200,000 yuan of protection, which can fully protect the child's accidental death, disability and medical expenses caused by accidents, which is very practical.

Third, don't buy both types of insurance for your child!

Don't choose life insurance for your child, and try not to attach both liabilities to critical illness insurance. I know the specific reasons in this articleWhy is it so hard to buy child insurance? You'll know when you see it!

has been introduced in detail, because it has been written in detail in the manuscript, so I won't spend too much time introducing it here.

According to the idea I gave you to configure insurance, if you are configuring regular protection for your child, you can configure it for a thousand yuan a year, and if you buy lifelong protection, it is only two or three thousand per year, which is very cost-effective.

That's all for me"Can a 14-year-old still have education insurance? If so, how should I buy it? "All of them, I hope it helps you! Hope!

Xueba says insurance, focusing on product evaluation! Since everyone has the same doubts, then I will tell you what the education fund is and what a good education fund looks like If you want to read more about the content of the education fund, please click on the link:Is Education Worth Buying?

Which education funds are recommended to buy? 》

Different education insurance has different restrictions on the age of insurance, but 14 years old is indeed older, and some education funds can no longer be insured, but there are still some education funds that can be insured. For example, I will mention in the following [Xinmei Mutual's Daily Upward Advancement Edition] education fund has a limit of 0-16 years old for insurance age, and the 14-year-old child mentioned by the subject meets this requirement.

Therefore, the subject should pay attention to the age limit when looking at the education fund. Below I will introduce the education fund in detail, and I will also evaluate the four popular education funds, including [Xinmei Mutual's Daily Upward Advancement Edition], interested topics can take a look

Education is a type of financial insurance, its strengths are:

Relatively safe and low risk

Earnings are relatively fixed

However, there are drawbacks to the education grant:

Low yields。The maximum income is 3 4%, and the money earned can only be regarded as a small trouble;

Poor liquidity。You need to pay on time every year, for more than ten years, and you can't take it out easily.

Next, let's talk about the shining points of a good education fund

The predetermined interest rate is higher

We are attracted to the education fund because it will secure our children's education in the future and increase the value of our existing funds. The higher the predetermined interest rate of the product, the higher the actual rate of return will be。How to increase your yield?

Choose a one-time lump sum payment, and it is better to pay it early.

Matching education gaps

The agreed time for receiving the education allowance should be consistent with the period of high education costs.

For example, if you want your child to start receiving money when they are in college, you can choose those who pay for a short period of time and only guarantee the education of the child while they are in college.

That's all for me, hope!

Education is a type of pension insurance that prepares children for their future education**. There are countless education funds on the market, how to buy the right one? Share this year's latest education fund evaluation information for your reference before buying:

Latest! The 8 education fund reviews with the highest yields in 2021 are here

We have all heard that no matter how hard you are, you can't be miserable for your children, and no matter how poor you are, you can't be poor in education. This is a necessary thing: plan ahead for your child's education.

Is it necessary to buy education funds for children? If you're in a hurry, you can read this article directly::Parents must read:

Is it necessary to buy education insurance? How to choose the right product?

After comparison, there are the following conclusions:

1. The highest flexibility: Kangtai Life's universal insurance.

The payment method of national insurance is highly flexible, you can choose to pay weekly or monthly, and you can add insurance at any time during the payment process. However, its IRR yield is only, and the level of these four can only be regarded as ordinary.

2. The highest rate of return: Xinmei is up every day.

The flexibility of daily upward is not as good as universal insurance, but the yield is the highest among the four. Moreover, it is worth noting that the predetermined interest rate of Xinmei Mutual has reached every day, and it is currently the product with the highest predetermined interest rate.

In fact, the essence of education is annuity insurance, which is an annuity that supports education expenses, in addition to the above four education annuity insurance, there are other annuity insurance worth buying can also be regarded as an option.

Products such as education funds have low protection functions and are not recommended as a protection option for children's growth. If you really want to buy it, you should also consider it after configuring a protective insurance product for yourself and your children.

Education is a type of pension insurance that prepares children in advance for future education expenses. There are so many education funds on the market, which education fund is suitable for us to buy? This recently compiled list of educational gold seeds will definitely help you:

Latest! The 8 education fund reviews with the highest yields in 2021 are here

We have all heard that no matter how hard you are, you can't be miserable for your children, and no matter how poor you are, you can't be poor in education. It is worthwhile to plan ahead for your child's education. Is it necessary to buy education funds for children?

If you're in a hurry, you can read this article directly: Parents must read: Is it necessary to buy education insurance?

How to choose the right product?

After the comparison, it is summarized as follows:

1. The highest flexibility: Kangtai Life's universal insurance.

The payment method of national insurance can be paid weekly or monthly, which is very flexible, and you can also increase the insurance if you want to do it halfway. However, its IRR yield is only, which is somewhat bland among the four.

2. The highest rate of return: Xinmei is up every day.

The flexibility of the daily upward movement is not as good as that of universal insurance, but the yield is the highest of the four. And here we need to pay attention to the predetermined interest rate of this product, which has been reached, becoming the product with the highest predetermined interest rate at present.

In fact, the essence of education pension is annuity insurance, which can be regarded as a branch type of annuity in children's education expenses, so in addition to these four types of education annuity insurance, there are many annuity insurance worth buying that can be considered.

Buying education insurance for a 12-year-old is a very good option. Before the official introduction, the senior sister will first present a popular science article on education to the friends who have not had time to read the full text:A must-read for parents:

Is it necessary to buy education insurance? How to choose the right product?

Education metal is a subdivision of annuity insurance, which is life insurance with financial management functions. The policyholder deposits a premium at regular intervals or at one time according to the contract, and the insurance company uses the premium to invest, and the policyholder can get back the premium and interest paid within the agreed period of the contract, and then the money can be used for children's education.

There are many advantages to the education grant. First of all, the education fund is stable, and the income is agreed in black and white in the contract, and will not be affected by external economic conditions. Secondly, if we choose to pay the insurance premiums on time when we apply for insurance, then the education insurance can also play a role in compulsory savings, so that we have a fund saved every year or even every month, and at the time agreed in the contract, we can take it out as a child's education fund to achieve special use.

Therefore, for those parents who are themselves "choppers", or families who are worried that the family's financial situation will change in the future and affect their children's education, it is very meaningful to allocate education insurance for their children in advance. For those who want to take out education insurance, you can refer to this list:Latest!

The 8 education fund reviews with the highest yields in 2022 are here

However, the senior sister also reminds parents that although the education fund is good, it is best for us to buy it after we and our children have done a good job of basic protection. Without education, children may not be able to receive a better education. But if a family does not have adequate risk protection, any serious illness is enough to knock a family down.

Hope!

The essence of education is annuity insurance, which is insurance with the nature of financial management, with a high safety factor, low risk index, and relatively fixed income, I think it is necessary to buy.

The advantages of the EdBeta are:

Education funds are safe and low-risk.

The income from education funds is relatively stable.

However, there are also some drawbacks to the education grant:

Low yieldsThe maximum income is 3 4%, and the education fund does not earn a lot;

Poor liquidityThe education fund must be paid on time every year, and the lock-in period is as long as more than ten years.

Let's talk about what a good education fund should look like

The predetermined interest rate is higher

This is also the attractive part of the education fund: it can not only increase the existing funds, but also ensure the future education of the child. The higher the predetermined interest rate of the product, the higher the actual rate of return will beIf you want to increase your yield, you can choose to make a lump sum payment early.

Matching education gaps

The time when you can receive the education fund in the future should correspond to the time when the education needs to be spent the most.

For example, if you only want to receive money when you go to college, then you can choose to pay for a short period of time to protect your child's education until you go to college.

[Written at the end].

I am [Xueba Says Insurance], focusing on objective, professional and neutral insurance evaluation;

I will give you the most professional advice with years of experience in configuring insurance for 10w+ families.

It is necessary to buy!

1. Advantages of buying education insurance

1. Ensure children's education.

The primary purpose of education insurance is to provide long-term, continuous and stable protection for children's education. The education cost of cultivating an excellent child is a large expenditure, and if the family economy changes during this period, it is easy to affect the child's academic future, so according to their own expectations for the child, the education insurance can be configured in advance, which can provide a strong financial support in the child's future learning process and avoid affecting the child's education due to unexpected situations.

2. Wealth accumulation.

Education insurance can prompt us to set aside a part of our income every year as a special education project, which can reduce some unnecessary consumption to a certain extent, restrain excess consumption desire, and accumulate capital for children's education. After all, education, as a rigid expenditure, is a major expense that every family will face, and it can provide sufficient financial guarantee for the development of children by allocating education insurance.

3. Premium waiver.

Some education insurance also has the function of "premium waiver", which means that when the policyholder loses the ability to pay due to accidents during the payment period, the insurance company will waive all unpaid premiums, which is equivalent to the insurance company continuing to pay the premium on behalf of the policyholder, and when the contract is specified, the insured can still receive education** and successfully complete his studies.

4. Cultivate children's insurance awareness.

Parents can communicate and negotiate with their children to use their children's New Year's money to pay for education insurance, which can not only prevent children from spending money indiscriminately, but also instill in their children the concept of accumulating capital for the future and using insurance to improve protection, and slowly cultivate children's insurance awareness and healthy consumption concepts.