Xiao Nuo answer:

Hello!

Education insurance, also known as education fund insurance or children's education insurance, is an insurance aimed at preparing education funds for children. Education insurance is a kind of insurance with the nature of saving, which not only has the function of compulsory saving, but also has certain guarantee function.

The target of education insurance is: children aged 0 to 17, and some insurance companies target children aged 30 days to 14.

The features and functions of education insurance are as follows:

1. Education insurance has the function of compulsory savings. Parents can choose the type and amount of insurance for their children according to their own expectations and their children's future education level. Once the child is insured with education fund insurance, the amount agreed in the insurance contract must be deposited every year to ensure that this savings plan can be completed.

2. Education insurance has the function of insurance protection at the same time, which can provide protection for the insured and the insured in terms of disease, accidental injury and disability. Once the insured cannot continue to carry out the education fund reserve plan for his children due to illness, accidental death, disability and other reasons, the insurance company will exempt the insurance premium that the insured should pay in the future, which is equivalent to the insurance premium paid by the insurance company for the insured, and the original rights and interests of the policy remain unchanged, and the insurance company can still provide the expenses for the future education of the insured children.