An analysis of education reserve insurance
Education reserve insurance refers to the special savings that individuals open accounts in designated banks and deposit a certain amount of funds for educational purposes according to the relevant provisions of the state. It is a special savings for students to pay the education funds needed for non-compulsory education. Education savings are registered in real-name registration system. When opening an account, the depositor should hold his/her (student's) household registration book or ID card and go to the bank to open a deposit account in his/her own name. At maturity, the depositor needs to withdraw the principal and interest in one lump sum with the passbook and relevant certificates. Savings education insurance raises education expenses for children in the form of insurance. After buying insurance, you need to pay the insurance company on time. As a compulsory deposit, it can guarantee the expenses of children in the future. Therefore, the education reserve insurance is mainly based on savings and security. Which insurance company is stronger? I just sorted out the relevant content, hoping to help you: the latest list! Top Ten Insurance Companies in China
Which is better for education reserve insurance?
I suggest you buy the insurance of China Merchants Cigna to protect your children's education in the future. The main advantages of this kind of insurance are:
1. It is not only an education fund, but also covers 30 kinds of serious diseases: you can get 400% of the basic insurance education fund (18-21year-old 30%, 22-24-year-old 60%, 25-year-old 100%), and the additional maximum is 400.
2. Major diseases can also be exempted from payment of residual insurance: if the insured dies, is completely disabled or suffers from major diseases during the payment period, it can be exempted from payment of residual insurance.
3. Pay dividends every year, which not only preserves the value, but also increases the value: 400% of the basic insurance amount is guaranteed and you can enjoy dividends every year.
4. Receive money for 8 years in a row, and the minimum payment period is 3 years: it can be guaranteed that you can receive insurance money for 8 years in a row until you are 25 years old, 18-25 years old, which is earmarked for special purposes and gives children a longer guarantee.
5. Insurance policies can be used for loans: in case of emergency, insurance policies can also be used for loans, up to 80% of the insured cash value.
In short, parents must buy education reserve insurance for their children. This kind of products can make a financial plan for children in advance. Most children's insurance products also have premium exemption function, that is, if parents lose the ability to pay and repay in an accident, their children can not only be exempted from paying premiums, but also get a guarantee. Need to be reminded that the earlier you apply for education insurance, the more you save money. At the same time, everyone must read the protection rules clearly when buying. Experts remind parents that buying insurance for their children must be rational and buy insurance according to their own economic strength.
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Children's education funds are a major expenditure of most families. Many parents say that the growth rate of family income never seems to keep up with the growth rate of children's education expenditure. A survey shows that nearly 50% families spend more than 20% on their children's education. With more and more education funds, it is necessary to buy a suitable education fund insurance for children as soon as possible, but how to buy it has become a big problem for parents who are new to this kind of insurance. Here are some tips for buying.
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As children grow up day by day, it is urgent to save education funds. Many parents are considering buying education insurance for their children, but they are hesitant and don't know which insurance company to choose. The following article will tell you.
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