Can be collected within the specified time.
As the insured, children can receive a certain amount of insurance money every year during school, which can be used for tuition, living expenses or other purposes. As for the cost of education, they can stay until they graduate from college. When children graduate from college and reach marriageable age, they can receive a wedding payment, which can reduce the burden on their families.
Exemption function
Educational marriage insurance premium has the function of exemption. When the insured's parents are highly disabled or die due to some accidents, the insured can be exempted from paying the unpaid insurance premiums in the future, and the policy will not be invalid because of the unpaid insurance premiums. This is because the insurance company gives preferential treatment to the insured, which embodies the human side. 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
Save function
Nowadays, family expenses are increasing, especially children's education expenses, which account for a large part. Therefore, parents need to save in advance to ensure that their children will not be unable to go to school because they have no money to pay tuition fees. Quite a few parents will choose to deposit their money in the bank for regular savings, which is also a way. However, this method has no guarantee except fixed interest, and once there is any extra consumption at home, the money may be used, resulting in the inability to save children's education funds. However, if you buy education fund insurance, after the policy takes effect, parents must pay a certain premium every year to ensure that the policy takes effect and the children's education fund plan can be implemented. If the payment is interrupted, the principal will be lost and the policy will no longer take effect. In case of any accident, there will be no strong guarantee.
The above is the function of educational marriage insurance, and everyone must have a certain understanding of it. Therefore, after parents buy education insurance, there will be no worries about children's education expenses and marriage expenses. As a caring parent, it is recommended to make long-term plans for children as early as possible, so that children can benefit early.