When buying an insurance company's education fund, you need to know how many years and how long it will take to get it. If junior high school and high school don't take the exam, go to college or study abroad, what will happen to their income? Is there any additional life insurance function insurance?
Second, you can buy an education fund on Alipay. The education fund on Alipay is also sold by insurance companies. The advantage is that the education fund here can be purchased on a monthly basis, while most insurance companies buy it on an annual basis, so it seems that there is not much money on a monthly basis, but it will increase after a long time. Of course, we should also know the payment method.
Operating environment:
Brand model: iPhone 13
System version: iOS 15.3. 1
Application version: v 10.2.53
Education fund insurance, also known as children's education insurance, provides corresponding insurance premiums for children's educational needs at different growth stages. 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 venture fund, marriage fund and even the pension fund after retirement. 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.
Main categories:
As a special type of children's insurance, all insurance companies provide professional children's education insurance products. Children's education fund insurance can be divided into life insurance and non-life insurance according to the guarantee period of specific insurance products.
Among them, non-lifelong children's education fund insurance generally belongs to the real "special fund" education fund products. In other words, the return of insurance money depends entirely on the children's education stage. Usually, the funds will be returned every year at two important time nodes: children entering high school and entering university, and then the fees and account value will be returned in one lump sum at the stage of children's university graduation or entrepreneurship, so as to help children get a stable financial support at every important education stage.
Life-long children's education gold insurance usually takes into account the changes of a person's life and returns it every few years to show concern for their children's lives. Children can be used as education funds when they are young, and can be converted into pensions when they are old, sharing the long-term operating results of insurance companies and ensuring the inheritance of family wealth.
Basic features:
1. 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 6.5438+0.5 million yuan. These expenses have a short payment period and high payment cost, so it is necessary to make financial preparations in advance.
6. There is a big gap in the extra expenses, so we should make adequate preparations. Children's qualifications are different, and the related expenses in the whole education process vary greatly. More preparation is better than less preparation.