Education fund insurance, also known as education fund insurance, children's education fund insurance and children's education fund insurance, is aimed at children aged 0 (babies discharged from hospital after 28 days of birth) to 17 or 30 days to 14, aiming at preparing education funds for children. Education insurance is a kind of savings insurance, which has the function of compulsory savings and certain guarantee function.

Extended data:

Basic features:

1, special fund is special. A special account should be set up for children's education, just as a personal pension account is used for retirement planning; The housing accumulation fund account is used in the housing purchase planning, and only in this way can it be used for special purposes.

2. There is no time flexibility. Children will go to school when they reach a certain age (for example, they will go to primary school at the age of 7, and they will go to college at the age of 18), and they cannot be postponed because of insufficient tuition fees.

3. No cost elasticity. The basic tuition fees at each stage are relatively fixed, and these fees are the same for each student.

4. The duration is long and the total cost is huge. The total expenditure on children's continuing education in the past 20 years may be more than the purchase expenditure.

5. Staged high expenditure. For example, college education, the average child is 20,000 per year and 80,000 in four years; The total cost of studying abroad is more than 300 thousand. These expenses have a short payment period and high payment cost, so it is necessary to make financial preparations in advance.

6, the extra cost gap is big, so we must be prepared. Children's qualifications are different, and the related expenses in the whole education process vary greatly. More preparation is better than less preparation.

Baidu encyclopedia-education insurance