Which insurance to choose first when buying insurance for your child?

Eligibility: How do I insure my child? What is the best children's insurance?

Expert analysis: which is the most suitable children's insurance, before buying insurance, parents should distinguish the order of buying insurance for their children. Generally speaking, according to the division of emergency and important, the order of insuring children is:

Children's accident insurance, children's medical insurance, children's education fund insurance, and then you can arrange other insurance packages for your children in combination with the family comprehensive financial plan. Next, I will explain in detail the role of each type of insurance on the growth of your baby.

Which is the most suitable children's insurance, first of all, parents should choose children's accident insurance for their babies. The data shows that in the claims of children aged 0 to 18, accidental medical treatment and accidental injuries account for more than 70% of the claims. Children's accident insurance** is cheap, less than 100 yuan per year, which can cover accidental death and accidental medical treatment, so it is one of the most cost-effective investments.

For example, Taikang's "Children's Fun" comprehensive accident insurance, which is favored by many parents, has a minimum monthly cost of only 69 yuan, covering accidental injury, accidental hospitalization on school days, accidental hospitalization on non-school days, etc., which is very cost-effective.

Which is the most suitable children's insurance, and then you can choose children's medical insurance for your child. After you have accident insurance for your child, you should choose children's medical insurance. At present, the high medical costs have made many parents have to pay attention to the compensatory role of children's critical illness insurance.

Purchasing short-term children's medical insurance can not only cover the loss of family property caused by critical illness, but also cover the medical expenses of hospitalization for common diseases such as hepatitis. Therefore, when purchasing children's medical insurance, you can use a small investment to exchange for adequate health protection. In addition, parents also need to consider children's education insurance for their children.

Surveys show that raising a child to grow up is roughly estimated to cost 15 to 200,000 yuan, not to mention the skyrocketing price level. Therefore, if you can invest as soon as possible, you can not only save money for yourself and your children, but also get satisfactory returns while guaranteeing.

In fact, buying insurance for children needs to be tailor-made, and suitability is the key. Therefore, parents need to consider "which is the most suitable for children's insurance", so there is no best children's insurance, only the most suitable.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

To sum up, it is: adults first, then children; Planning first, product later; Sum Insured First, Premium After; Protection first, financial management later; First person, then property.

1. When buying insurance, you must do it first for adults and then for children. Rationally speaking, children are a kind of "debt" to the family, and they have not been able to contribute income to the family for more than ten years. Therefore, the first thing to ensure is that the accident, critical illness and life insurance of the breadwinner of the family (the person who earns the most money in the family) have been fully covered.

2. Because insurance is a tool to transfer family financial risks, different families have different situations and different risks. If you don't know the family's income, budget, personnel structure, and past insurance configuration, you can't give you a suitable answer. Therefore, when buying insurance, you must plan first and then product.

3. In the article "18 Insurance Companies, 2017 Annual Claims Report", through the data of millions of claims, we can clearly see that although everyone has bought insurance, the amount insured is generally very low. The higher the leverage, the better, spend the least money, and get as many claims as possible. Therefore, it must be done first, the sum insured first and then the premium.

4. Now that the conditions have improved, many people have a lot of savings in hand, and how to take care of it may be a problem worth considering. I very much support the concept of "insurance surname insurance" advocated by the China Banking and Insurance Regulatory Commission, insurance should return to the essence of protection, and buying insurance must be guaranteed first, and then financial management.

5. In the case that we do not have enough budget, we must first buy appropriate and sufficient insurance for ourselves, and we must reasonably buy insurance for cars, houses, etc., and we must do the property after the first person.

In the past few years, in the natural disasters of floods and mudslides in China, the vast majority of claims are for cars, although many people have died in death, but because they have not purchased insurance, they cannot get claims.

"Small cheap" to choose carefully, the actuarial of the insurance company is very accurate, so theoretically the cost of similar products is not much different, if there is a special discount, the choice is to be cautious.

Pay attention to your insurance situation and avoid double insurance. For example, the critical illness type, the allowance payment type, and the expense reimbursement type overlap in the medical expense documents, and the general insurance company will require the original, so only one type can actually be reimbursed, and buying more is equal to buying in vain.

When buying insurance for your child, you should pay attention to these three points:1It is recommended not to buy death insurance; 2.

It is not advisable to buy returnable insurance; 3.Don't just leave your child alone. The child is young, and the insurance premium is not expensive.

On the basis of social security, the child is fully equipped with accident, medical and critical illness insurance, which is about more than 1,000 per year.

Buy insurance for your child and avoid these pitfalls first!

Buying insurance for your child can be done for a few hundred dollars a year, but remember these three points! First, don't buy life insurance for your children; Second, don't buy a return type; Third, if you don't have enough budget, buy term critical illness insurance.

Buy insurance for your child and avoid these pitfalls first!

Buying insurance for your child can be done for a few hundred dollars a year, but remember these three points! First, don't buy life insurance for your children; Second, don't buy a return type; Third, if you don't have enough budget, buy term critical illness insurance.