Generally speaking, education fund insurance can be divided into:
1 is a traditional education annuity insurance. For example, 18 years old (generally college age) is collected once a year for four consecutive years. There are also people who receive insurance benefits at the age of 25, so the amount of insurance is fixed and the protection is clear.
2. It is a popular universal insurance or investment-linked insurance in the market at present, with investment appreciation as a reserve for future education. However, there are certain risks and there is no guarantee of value-added. Moreover, the expenses deducted in the first five years are relatively high, which generally requires long-term and continuous paid investment, which may hinder the obvious use. Of course, its income opportunities may be greater than the traditional education annuity insurance.
Which kind of education fund insurance is better depends mainly on the specific needs of your children and the economic situation of your family. It is recommended to give priority to helping children prepare before insurance, and then insure according to actual needs.
I hope it helps you.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.