Ping An Wisdom Star belongs to children's universal insurance, which is characterized by flexible payment. Therefore, in addition to protection, it can also be used as a child's education fund or a marriage fund.

Nothing can be changed until the child 18 years old comes of age. 18, if security issues are considered, security can be proposed. Therefore, this is an insurance plan that takes into account children's protection and educational reserves.

Another reminder, there are two expenses to be understood as universal insurance. The first is the initial cost. The initial cost of Wisdom Star in the first five years is 50% in the first year, 25% in the second year, 65,438+05% in the third year, 65,438+00% in the fourth year and 5% in the fifth year. The fee of 5000 yuan and above is 5% of the joining fee, and all the joining fees after the sixth year are 5%. The second cost is the guarantee cost, which is a hidden cost. Every year, the security fee is deducted from the value of the policy account, but because the risk of the child is low, the security fee is very low until 18 years old.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.