1. What is child marriage insurance?
Children's marriage insurance is an insurance business established by insurance companies to help parents raise education and marriage expenses for their children. It has the dual nature of insurance and savings. Anyone who has reached the age of 2 1 to 50 and is in good health can take out insurance for his healthy children or children with foster care during the period of 1 to 19.
Second, the benefits of children's marriage insurance
What are the advantages of this kind of marriage insurance for children?
1, future security
When the insured reaches the age of 16 (that is, the age at which he should be admitted to high school under normal circumstances), he can start to receive the high school education fee for 3 years, the university education fee for 4 years and the marriage fee for 22 years. The payment amount varies according to the delivery volume.
PS: If the insured child fails to attend high school or university, the education fee will still be paid annually and will not be cancelled. For those who have to postpone their marriage for several years to cope with the late marriage, the insurance company will still pay the marriage fee as scheduled when they reach the age of 22. Of course, if you deposit it with the insurance company and withdraw it at maturity, the insurance company will also welcome you and pay you the corresponding interest.
2. Accident protection
During the insurance period, if the insured is disabled or unfortunately dies due to an accident, the insurance company will pay part or all of the insurance money according to the regulations. If the insured, that is, the child, is alive and the insured, that is, the parents, dies, the insured can be taken care of and exempted from paying the unexpired insurance premium, but the agreed insurance liability is still fully borne by the insurance company.
3. Overlay insurance
This kind of insurance can cover education insurance alone or both. The insurance period is divided into 3 years to 2 1 year according to the age of the insured. In short, after the insurance expires, the age of the insured is limited to 22 years old. In other words, parents can insure their children aged 1 year for up to 2 1 year, and children aged 19 can only be insured for 3 years. The amount of bride price shall be agreed by both parties.
Generally speaking, marriage insurance is still a good insurance for children, and parents who want to buy insurance for their children can consider it.