First, the function of education fund insurance
1, special fund is special
Just as provident fund accounts can be used for housing planning, pension accounts can also be used for retirement planning. Buying children's education fund insurance is equivalent to setting up a special education fund account for children in the insurance company, and the funds in the account can be used to protect children's education expenses.
2. Forced storage
Some parents have advanced consumption concepts and face a lot of expenses in their lives, which makes it difficult for them to save enough education funds for their children, thus affecting their children's future. Compared with other insurance methods, education fund insurance is compulsory. Once parents insure their children, they need to pay the agreed insurance fee at a fixed time every year, which can prevent parents from spending the education funds stored for their children to some extent.
3. Other protection functions
Some children's education insurance products can not only protect children's education, but also reduce the economic losses caused by children suffering from major diseases or accidental injuries. For example, in China Merchants Cigna's Baby A Education Annuity Insurance Product Plan, parents can receive education funds for 1 1 year continuously, and their children can also receive the maximum 1 10,000 yuan of major illness protection, and they can also pay for accidental medical treatment (see insurance clauses for details). If parents are interested, they can go to China Merchants Cigna official website for details.
4. Unique tax exemption guarantee
Many parents will worry about how to continue to protect their children if they have an accident. Education fund insurance generally has the function of exempting insurance fees. When the parents have an insurance accident with excluded liability as stipulated in the insurance contract, such as serious illness, accidental disability, etc., the children's subsequent insurance expenses will not be paid, and the protection will still be effective. Xiao Nuo suggested that parents should attach such protection to their children.
Second, how to buy education insurance?
The protection of children's education fund insurance is very flexible, and parents can make personalized choices according to their children's education plan. The insured amount can be roughly estimated according to the children's educational requirements and education level, and the collection time can be determined according to the time when parents want to get educational financial support.
As for the guarantee time, if you only care about your child's education, you can choose a regular period, such as until your child graduates from college or goes to graduate school. However, if the family's economic situation is relatively good and you want to realize the old-age security by purchasing children's education insurance, you can choose to keep it for life and then convert it into a pension when you are old.
More insurance questions can be consulted by telephone.
Pre-sales product consultation: 400-880-3633
After-sales service: 95362
Extended data:
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