The purpose of buying insurance for your child is to save money for education

Education insurance is a kind of education investment, generally commercial insurance, is a kind of children's insurance products sold by insurance companies, the main function is to provide children with high school education, college education, entrepreneurship, marriage, etc.

Education savings refers to the special savings that individuals open accounts in designated banks in accordance with the relevant provisions of the state, deposit a specified amount of funds, and use them for educational purposes, and are a kind of special savings that pay for the education funds required for non-compulsory education for students. When opening an account, the depositor must open a deposit account in the name of the depositor (student) with his or her (student) account booklet or ID card. When withdrawing at maturity, the depositor needs to withdraw the principal and interest at one time with the passbook and relevant certificates.

Meow Meow Insurance) extended reading: [Insurance] How to buy, which is good, teach you to avoid these insurance"pits"

Xueba says insurance, focusing on product evaluation! Recently, many people have some confusion about the content of education funds, since everyone's troubles are the same, then I will follow the wishes of the public, and tell you about education funds and how to choose good education funds If you want to see more content about education funds, you can take a look at the article I wrote before:Is Education Worth Buying?

Which education funds are recommended to buy? 》

Education is a type of financial insurance, and its shining point is:

Low risk and high security

Stable returns

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

Low yields。Scheduled earnings up to 3 4%, can not make a lot of money;

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

An education fund worth buying is excellent? Let me explain

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。A one-time single payment, the sooner the better, this is the secret to increasing the rate of return.

Matching education gaps

In times when the cost of education is high, it is necessary to correspond to the time when the education fund can be applied for.

For example, if you only want to ensure that your child goes to college, then you can choose a short-term payment to receive money for education at university.

That's all for me, hope!

Children's education savings insurance is a kind of insurance that protects children's education problems and future study abroad expenses, and is a mandatory savings for children in the form of insurance. It has the following basic features:

1. Special funds: Establish a special account for children's education to ensure that the funds are used for educational purposes.

2. Long cycle: the number of children and women regret the chain from primary school to college graduation for about 22 years, and the cumulative total is large.

3. Phased high expenditure: the expenditure from primary school to high school is relatively small, and the demand cycle for college or even study abroad is short.

Children's education savings insurance is a kind of insurance that protects children's education problems and future study abroad expenses, and is a mandatory savings for children in the form of insurance. It has the following basic characteristics: 1. Special funds:

Establish a special account for children's education to ensure that funds are used for educational purposes. 2. Long cycle: children from primary school to university graduation for about 22 years, and the cumulative total amount is large.

3. Phased high expenditure: the expenditure from primary school to high school is relatively small, and the demand cycle for studying abroad expenses is short, and the total amount is large and the necessary financial preparations can be made in advance. For more information on what education savings insurance for children is, go to see more content.

Hello! Education savings insurance provides survival benefits for children and adolescents at different stages of growth. For example, education in elementary school, junior high school, high school and university, entrepreneurship after joining the work, marriage, and even retirement pension.

Education savings insurance on the market is generally a participating insurance with both protection and savings functions.

Education insurance, also known as education fund insurance, children's education insurance, and children's education insurance, is insurance for the purpose of preparing children for education. Education insurance is a type of savings insurance, which not only has the role of compulsory savings but also has a certain guarantee function. At present, there are mainly simple education funds, no guarantees, additional children's accident insurance after a certain period of deposit, and support for WeChat deposit at any time, etc., but the withdrawal period is the adulthood of the child.

In general, education insurance is earmarked, and there is no time and cost flexibility; The overall cost is huge.

1. Pay attention to security first and then education. Many parents spend a lot of money to buy education insurance for their children, but do not buy accident insurance and medical insurance, which turns the function of insurance upside down.

2. Be careful of liquidity risk when purchasing education insurance. The disadvantage of education insurance is that it is less liquid, and the premium is usually relatively high, once the capital is invested, it needs to pay the premium to the insurance company regularly according to the contract, which is a long-term investment.

3. When purchasing education insurance, the protection function should be taken into account to cope with the possible future risks of illness, disability and death of the child, and the child can be provided with protection for illness and accidental injury and high disability.

4. Parents should skillfully use the combination when purchasing education insurance for their children, that is, use education insurance to make education planning before the fourth grade of primary school, and use the combination of "education insurance and education savings" after the fourth grade of primary school.

5. Pay attention to the exemption clause, once the policyholder has the risk of illness or accidental death and high disability, the insurance company will waive the insurance premium payable by the policyholder in the future, and the rights and interests that the policy should enjoy are inconvenient, and can still provide the child with the cost of education in the future.