The disadvantage of education savings is that it must be students above the fourth grade of primary school. When it expires, you must bring your passbook, household registration book or ID card to the tax authorities to obtain the tax exemption certificate, which can only be withdrawn after being stamped by the education department. Secondly, the minimum deposit amount is 50 yuan, but the total principal amount is 20,000 yuan, so no one can enjoy the preferential tax-free policy.
Third, when studying in full-time senior high schools, undergraduate (junior college), master's degree and doctor's degree, you can enjoy discounts at all stages, but the total amount does not exceed 20,000 yuan. At present, there are three main types of education fund insurance. The first is pure education fund insurance, which provides education expenses during junior high school, high school and university. Two, a certain stage of education insurance, usually for a certain stage of junior high school, high school or university, mainly in the form of additional insurance. Third, it can not only provide education expenses for junior high schools, senior high schools and universities, but also provide future survival guarantee.
The advantage of education insurance is that it has both savings and security functions. Under normal circumstances, the insured can not only pay a certain amount of education money on schedule after a certain age, but also provide the insured with the advantages of accidental injury or illness death and exemption from death or high disability premium. The disadvantage is that it can not be withdrawn in advance in the short term, and the liquidity of funds is poor. Early surrender may lose the principal. Experts said that the income from education savings is easy to calculate, and the total savings can be directly multiplied by the corresponding annual interest rate. Children's insurance has non-dividend and dividend-paying fixed income. The income of non-dividend children's insurance is basically the same as that of banks, but the insured (usually parents) dies or is highly disabled during the insurance period, and can be exempted from paying the later premium. The fixed income of participating children's insurance will be slightly lower than that of non-participating children's insurance. With the extra dividend right, you can enjoy the investment income of insurance companies, and the overall income may be greater than that of children's insurance without dividends.
Take the children's insurance of a life insurance company as an example. It is a 0-year-old male. The payment deadline is 15-year-old policy anniversary. The insured amount is 50,000 yuan, and the annual payment is 8,280 yuan. The insured survives to the anniversary of 18, 19, 20, 2 1 policy, and receives a college education grant of 20,000 yuan every year; The insured survives to the 25th anniversary of the policy and receives a wedding gift of 40,000 yuan; The insured survives to the 60-year-old policy anniversary and receives 50,000 yuan due insurance. If the child dies before the anniversary of the 25-year-old policy, he will get the guaranteed cash value; He died after the age of 25 and got 50,000 yuan. At the same time, this type of insurance stipulates that customers can "determine the distribution of dividends according to the actual operation of dividend insurance business and the relevant regulations of insurance regulatory authorities" while obtaining relevant protection. (The ultimate interest is subject to the insurance contract. )
In another kind of children's education insurance, if the insured insures 50,000 yuan for the newborn son, its cost: the annual premium is 4,360 yuan, 15 times, totaling 65,400 yuan; Benefits: education annuity: when the insured reaches the age of 15, 16, 17, he will receive an annual high school education pension of 5,000 yuan; 18, 19, 20, 2 1 year-old, receive 15000 yuan as the university education fund every year. Death insurance: if the insured encounters misfortune before the age of 2 1, the company will compensate the insured according to the cash value of the policy. Growth annuity: If the insured can no longer take care of his children due to misfortune, the insured can receive 2,500 yuan of living expenses every year until 2 1 year; Exemption from premium: during the payment period, if the insured encounters misfortune, the subsequent premiums can be exempted.