How much is the insurance cost of children's education fund more appropriate?
First of all, it depends on how much money parents are going to take to buy education insurance for their children. Before buying education insurance, there are two important points. First, parents should protect themselves first, that is, we often say that we should buy insurance first and then protect our children. Second, the child has been insured for medical and accidental injury insurance. If these two points are achieved, the remaining funds can be used to buy education insurance. As for how much money to pay each year, it depends on everyone's needs and specific products. How about PICC insurance? I just sorted out the relevant contents, hoping to help you: How is PICC China? Do you have any insurance recommendations?
Because everyone's family situation is different, therefore, when applying for children's education insurance, on the one hand, you can consider your family's economic situation, on the other hand, you should also combine your children's hobbies. For example, some children are particularly interested in learning. After finishing college, they also want to take the postgraduate entrance examination, study PhD, and even go abroad for further study. For children who love learning so much, parents can consider buying children's education fund insurance with higher insurance coverage, and then they can get a relatively high education fund. Some children prefer to work and are full of enthusiasm for society. As soon as they graduated, they couldn't wait to go to work. For such children, parents can take out education insurance with a small amount. Every family's income is different. When insuring children's education insurance, we should combine our own economic strength and expectations for children. If the child already has some accident insurance and medical insurance, we can only insure the children's education fund insurance, and there is no need to buy additional insurance. It's best to insure your child at a premium of no more than 10% of the total family income, so that the family pressure will not be too great. Moreover, if you want to insure your child with education fund insurance, you must insure it as soon as possible, because the sooner you insure, the more cost-effective the premium will be and the sooner the child will benefit.
Generally speaking, it is more appropriate to buy education insurance and pay the premium. It needs to be decided and planned reasonably according to everyone's different situation. Only what suits you is the best.