Definition of infant insurance:
Baby insurance, that is, children's insurance, is an insurance product specially designed for minor children, which is used to solve the expenses of education, entrepreneurship and marriage in the process of their growth, and to deal with the risks that children may face such as illness, disability and death. At present, the infant gene preservation project, which has attracted much attention, is also regarded as infant insurance, which preserves the original healthy genes in infancy and makes a backup for the health of children throughout their lives, and its value far exceeds that of infant insurance.
Types of child insurance
1, children's medical insurance-guaranteed children's insurance
In family life, there are mainly two kinds of expenses related to children's health: one is the child's serious illness; One is that the child is hospitalized. At present, major diseases tend to be younger, such as malignant tumors such as leukemia, and specific major diseases that infants are prone to, such as Kawasaki disease and severe myocarditis. According to the current situation of China's basic medical insurance system, children of this age are basically in a state of no medical security. Therefore, sharing children's medical expenses with insurance has become an important factor to consider when insuring children's insurance.
At present, the common childhood diseases are mainly respiratory and digestive tract diseases, such as upper respiratory tract infection, bronchitis, pneumonia, diarrhea and so on. , often hospitalized, accumulated a high cost. Therefore, when considering buying insurance, parents are advised to buy additional hospitalization medical insurance and hospitalization allowance insurance. In this way, in the case of hospitalization, most of the medical expenses can be reimbursed, and the hospitalization subsidy of ~ 100 yuan/day in 50 yuan can be obtained.
The characteristics of insurance: low premium, high security and no return. Applicable family: basic purchase, children's physique is weak.
The younger the insurance age in critical illness insurance, the cheaper the premium. In the past, many companies stipulated that people above 18 could buy critical illness insurance, but with the increase of insurance products, children below 16 can now buy this insurance.
2. Children's education insurance-saving children's insurance.
In recent ten years, the educational expenditure brought by the marketization of education has soared, and the concept of family consumption has changed. More and more parents are willing to invest their limited resources in the education and training of their children and make financial planning and arrangements for their children in advance.
Education savings insurance is mainly to solve the tuition problem of children going to school or studying abroad in the future. Raise education expenses for children in the form of insurance. After purchasing insurance, you need to pay the insurance company on time. As a compulsory deposit, it can guarantee the children's future expenses. Once parents have an accident, if they buy insurance products that can be exempted from paying premiums, their children can not only be exempted from paying premiums, but also get living allowances. Therefore, this kind of insurance is mainly based on savings and security.
The characteristics of insurance: regular fixed payment, more deposits and more returns, and protection beyond savings. Applicable families: targeted medium and long-term reserves.
At present, many insurance companies design education funds and children's death protection together, so buying education funds insurance has an additional protection function compared with simple investment channels such as savings. In addition, buying insurance can also achieve the purpose of reasonable tax avoidance to a certain extent.
3. Child accident insurance-guarantee child insurance
Children are curious, lively and active, but have a poor sense of self-protection. They belong to a vulnerable group in society and are more likely to have accidents. According to the latest statistics, accidental death in childhood is increasing at the rate of 7% ~ 10% every year, and the proportion of accidental death and injury in some areas is as high as 1: 19, which has become the first cause of death for children aged 0 ~ 14 in China. The main causes of accidental death are accidental suffocation, drowning, traffic accidents and poisoning, among which the increase in traffic accident mortality is particularly significant. The main causes of accidental injuries are falling, burns (scalds) and animal injuries. At present, accidental injuries have surpassed diseases to become the number one killer of children's health.
Children's accidental injury insurance is aimed at children under the age of 18, causing high medical expenses and other economic losses, as well as personal protection for accidental disability and death. Therefore, parents can buy accident insurance for their children as appropriate, and once their children have an accident, they can get certain financial compensation. This kind of insurance is generally consumer insurance, which costs only a few hundred yuan a year and is introduced by various insurance companies.
The characteristics of insurance: low premium, high security and no return. Applicable family: basic purchase, only accidental injury.
Buying this kind of insurance doesn't mean that you don't have to worry about your child's safety from now on. It just means that you can get some financial help and compensation after your child has an accident.
4. Children's investment financial insurance-investment children's insurance.
Investment-linked insurance is a new type of insurance that integrates security, savings and investment. Different from other types of insurance, investment-linked insurance can better integrate the advantages of risk protection and financial planning. Investment insurance, especially universal products, can solve the problem of large expenditures such as children's education (study abroad), entrepreneurship and pension at the same time. At present, the specific insurance schemes of various insurance companies are not the same, but usually parents plan the study abroad expenses and future start-up funds for their children before they reach adulthood; When the children grow up, they will take out insurance and plan to supplement pension, medical care and tourism funds.
Families can cope with the uncertain educational expenses according to their children's educational needs. Investing in this kind of insurance requires a certain economic foundation and a higher premium budget.
Insurance features: free of premium, independent coverage, withdrawal at any time, and guaranteed income.
Applicable families: families with higher premium budget.
As a new type of insurance, insurance company sales staff usually encourage parents to try to buy it. Although the coverage of this insurance is relatively comprehensive, parents should consider the actual needs before taking out the insurance, especially whether to buy it again. Related reading: How much do you know about child insurance? Remember the three principles of child insurance.
Neonatal insurance
Buying baby insurance for newborns is mainly from the aspects of health care and accidental medical treatment. Generally speaking, 30 days after the baby is born, you can buy insurance products for him, mainly including accident insurance, medical insurance, major illness insurance, education fund reserve insurance and so on. But the baby has a certain immune ability at birth and can resist most viruses. Generally, it is not easy to get sick within 6 months, so parents don't have to rush to buy insurance for their babies.
However, with the passage of time, babies are more likely to have colds, fever, diarrhea and even pneumonia. So accident and medical insurance are necessary. It is worth noting that the baby's medical insurance is divided into two types: one is the compensation type, with all the actual expenses as the upper limit of payment, and no secondary payment will be made. It is of little significance to buy multiple copies of this insurance at the same time; The other is the critical illness insurance paid according to the medical certificate. As long as it is confirmed that the baby does have diseases within the insurance coverage, the insurance company will pay the corresponding amount, which can be paid repeatedly or purchased in multiple copies.
Experts suggest that the order of buying insurance for babies should be accident insurance, medical insurance and children's critical illness insurance. On the basis of all these insurances, consider buying education insurance.
What insurance should a newborn baby buy?
Buy social security first, then commercial insurance, which can be bought 28 days after birth.
The baby's commercial insurance is divided into two parts, first buy basic protection and then consider the education fund.
First, basic security, serious illness, hospitalization, accidents, is very cheap.
1, accident insurance. Children are naturally active and curious, and stumbling is inevitable.
2, hospitalization insurance, the baby's immunity and resistance are not as good as adults, and those who have a cold and fever should be hospitalized.
3. critical illness insurance.
The second is the education fund planning. Divided into two parts, education fund savings and education fund protection.
1, saving means buying savings insurance or saving money, forcing yourself to save a sum of money for your children to go to school so that you don't have to pay tuition fees at ordinary times, which is necessary for people with weak self-discipline ability.
2. Education guarantee. Children's tuition is earned by parents, which means parents must be healthy and safe. Once you can't earn money, children have no money to spend. Therefore, they should buy insurance for themselves and designate their children as beneficiaries. When they can't make money because of the risk, the insurance company will lose money to the children, which is to protect them.
Don't buy the dividend insurance that guarantees you a lifetime return every year. That's not education insurance. Education fund insurance guarantees that you will receive money every year for four years until you graduate from college, and some will give you a wedding fund at the age of 25.
Matters needing attention in purchasing insurance
1, insurance order: adults first, children later.
In a family, parents are the mainstay of the family economy. Only when parents' health and stable economic income are guaranteed, the protection of children is not empty talk. The annual premium paid for children should not exceed that of parents. If you can't take care of both, you should give priority to adults.
Both husband and wife still have financial strength after purchasing appropriate insurance. They should first consider buying medical expenses and accident insurance for their children. If the economy permits, you can also consider taking out savings insurance and education savings insurance. Buying endowment insurance for children should be the last consideration. Of course, the earlier you buy, the lower the cost.
2. Payment period: not too long.
For insurance products purchased by parents for their children, the payment period can be concentrated before the child is underage. When he grows up, he can choose the insurance that suits him.
3. Warranty period: not too long.
It should be noted that as parents, children's insurance coverage does not need to be so high. The scientific method is to buy some accident insurance, medical insurance, children's critical illness insurance and education funds for children.
4. The insured amount shall not exceed the limit.
Children's insurance with death as the compensation condition, such as term life insurance and accident insurance, shall not exceed 65,438+10,000 yuan, and the excess shall be deemed invalid. The upper limit of insurance coverage is 654.38+10,000 yuan, which is a hard rule made by the CIRC to prevent moral hazard. Therefore, before you insure your child with child insurance, you must find out what protection your child has.
Don't forget to buy additional insurance.
During the contract period, if the insured has an accident or loses the ability to pay for any reason, the unpaid premium can be exempted, and the insurance protection for the insured is still effective. That is to say, the children's insurance with exemption clause of China Life Insurance Co., Ltd. will continue to be valid if the parents cannot continue to pay the premium for some reason. Related reading: expectant mothers want to have children. Have you figured out this account?
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.