The meaning of education grant:
Education fund, also known as education insurance and education fund insurance, or children's education insurance and children's education insurance, is an insurance aimed at preparing education funds for children. Education insurance is a kind of saving insurance, which has both the function of compulsory saving and certain guarantee function.
Education gold insurance is aimed at the educational needs of children at different stages of growth and provides corresponding insurance money. At present, the children's education fund insurance sold in the market includes not only the education fund for junior high school, senior high school and university, but also the start-up fund after work, marriage fund and even retirement pension. The emergence of children's education insurance enables insured children to reserve a sum of money at every specific stage of their lives, which reduces the financial burden of parents and fully reflects their care for their children.
Education insurance is mainly divided into three categories:
First, pure education fund insurance provides education expenses during junior high school, high school and university, usually in the form of additional insurance;
Second, the insurance that can be returned in a fixed way can not only be used as the education expenses of children during school, but also provide survival money in the future;
The third is financial insurance, such as universal insurance and investment-linked insurance. , has a strong investment and financial management function, and can also be used as a reserve of education funds, which can be collected as education funds for children in junior high school, high school or a certain stage of university.