What are the benefits of buying education and marriage insurance?
Education marriage insurance is an insurance business established by insurance companies to help parents raise education and marriage expenses for their children. It has the dual nature of insurance and savings. So, what are the benefits of buying education marriage insurance? 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
First, when the insured reaches the age of 16 (that is, the age at which he should be admitted to high school under normal circumstances), he can start to receive three years of high school education fees; At least 18 years old, receiving university education fees for 4 years; At the age of 22, he will pay for the wedding as agreed, and the amount paid will vary according to the amount delivered. If the insured child fails to attend high school and university, the education fee will still be paid annually and will not be cancelled; For those who have to postpone their marriage for several years to cope with the late marriage, the insurance company will still pay the marriage fee as scheduled when they reach the age of 22. Of course, if you deposit it with the insurance company and withdraw it at maturity, the insurance company will also welcome you and pay you the corresponding interest.
Second, during the insurance period, if the insured is disabled or unfortunately dies due to an accident, the insurance company will pay part or all of the insurance money according to the regulations. Third, if the insured dies unfortunately during the insurance period, the insurance company will pay the death insurance money according to the amount of the insurance premium paid. If the insured, that is, the child, is alive and the insured, that is, the parents, dies, the insured can be taken care of and exempted from paying the unexpired insurance premium, but the agreed insurance liability is still fully borne by the insurance company. This preferential measure is to give preferential treatment to the insured because the economy is not yet independent.
Fourth, the premium is low, the income is high, there is disaster compensation, and there is no disaster savings.
This kind of insurance can cover education insurance alone or both. The insurance period is 3 years to 2 1 year according to the age of the insured or the agreement between the insured and the insurance company. In short, after the insurance expires, the age of the insured is limited to 22 years old. In other words, parents can insure their children aged 1 year for up to 2 1 year, and children aged 19 can only be insured for 3 years. In the payment of insurance amount, the education fund is agreed in advance, and the amount is fixed. The amount of the marriage fund is agreed by both parties, depending on the arrangement of each person's specific situation.
How to buy education marriage insurance
Now, China Merchants Cigna has launched an education marriage insurance plan to protect the future children's education fund. The main advantages of this insurance are: 1. There are not only education funds, but also 30 kinds of serious diseases: 400% of the basic insurance education funds can be accumulated (18-2 1 30% of the age, and 30% of the age of 22-24). 2. Major diseases can also be exempted from payment of residual insurance: if the insured dies, is completely disabled or suffers from major diseases during the payment period, it can be exempted from payment of residual insurance. 3. Pay dividends every year, which not only preserves the value, but also increases the value: 400% of the basic insurance amount is guaranteed and you can enjoy dividends every year. 4. Receive money for 8 years in a row, and the minimum payment period is 3 years: it can be guaranteed that you can receive insurance money for 8 years in a row until you are 25 years old, 18-25 years old, which is earmarked for special purposes and gives children a longer guarantee. 5. Insurance policies can be used for loans: in case of emergency, insurance policies can also be used for loans, up to 80% of the insured cash value. What kind of critical illness insurance are there for children? Which are cost-effective? Which is the most worth buying? Let's take a look at 10 the inventory of children's critical illness insurance sold by major insurance companies.
The above is "education marriage insurance". Parents should choose the most suitable one when buying for their children.