Hello! We should treat every insurance product objectively. Here, the advantages and disadvantages of education insurance are sorted out.

If you are not sure whether you can buy education insurance, you can click Appointment 1 Insurance Planning Service, and Deep Blue Insurance _ Centralized Insurance Broker will give you professional advice.

First, the advantages and disadvantages of education insurance:

Advantages:

High security: similar to the security level of bank deposits, education funds are also insurance, which is guaranteed by insurance law and is very safe.

Strong stability: although the income is not high, it will at least be guaranteed, and the guaranteed income will be written in the contract.

If you have spare money that you haven't used for many years, you don't care about the income, but only pursue stability and security, you can consider the children's education fund.

Insufficient:

Poor liquidity: once you buy an education fund, the money is tied up and you have to pay it back every year. If you want to surrender, the loss will be great.

Low income: Compared with bank savings, its income does not have much advantage.

Second, who is suitable to buy an education fund?

Ordinary families are not suitable for buying education funds. Generally speaking, there are the following types of people who are suitable for purchasing education funds:

Family member protection insurance has been fully configured;

There is an idle fund, hoping to obtain safe, steady and certain income through financial insurance;

There are other investment channels, such as real estate, stocks and funds.

If the above conditions are met, it is ok to buy an education fund for children.