Educational Insurance Premiums Account For 5%~10%&Nbsp Of Income; "Waiver Of Premium" Is More Guaranteed.

When summer comes, parents are busy planning the next education plan for their children. City residents' mother has been busy with her son studying in the United States for several months. According to her, from her 2 years old, she began to help him buy educational savings insurance. He invested more than 10 thousand yuan in insurance every year, and he paid it to 15 years old. At the age of 16, his son can receive more than 30 thousand yuan of education money every month, plus regular dividends, which can lead him to his son 23 years old. MS Ann believes that the cost of education in the United States should be increased as early as possible.

Reporters found that young parents prefer education savings insurance. This kind of product mainly helps to solve the tuition fees for children going to school or going abroad for further study, which means making a financial plan for their children ahead of time. Education savings insurance provides appropriate survival insurance for young children at different stages of growth.

For example, primary schools, junior high schools, senior high schools and universities have educational funds for several periods. After starting their work, venture funds, marriage funds and even retirement pension funds can ensure that the insured can reserve a fund at all specific stages to relieve their parents' financial burden. When the conditions permit, try to buy Educational insurance as early as possible, because when children are young, Juvenile insurance Insurance companies provide a substantial education fee every year in their children's secondary schools and universities.

The life insurance manager of Xinhua Life Insurance said that the insured amount of general children's education savings insurance mainly came from the cost of future children's reading, the general situation of future family income and some special circumstances, such as the comprehensive factors of high educational expenditure. Generally speaking, the total expenditure of family insurance accounts for 10%~20% of total annual income. educational fund Savings account for 5%~10% of income. If there is a better savings plan in the family, the deposit period in the education period can be shortened by 5 to 10 years, and the education responsibility plan should be completed ahead of schedule.

In addition, the insurer reminds that children's education savings risks are divided into short-term and long-term ones. There are specific combinations of special education and education, marriage and pension, and they should be chosen according to their actual needs. Educational savings policy generally focuses on saving, so there is a lack of risk protection for children. It is recommended that the combination Guarantee Scheme include savings and income risks and health risks.

" Exemption from premium "More secure"

Unlike insurance products for adults, children's insurance also has a special "exemption premium" function. Huang Haiyan, an Allianz Insurance Division between China and Germany, suggested that the policy of "exemption from the applicant" should be attached to the purchase of education insurance, so as to prevent the insured (economic pillar) from losing his / her ability due to illness or accident, and so on. When there was a "premium waiver", the insurance company would be exempt from the premiums paid after the insured, while the education fee of the child would not be affected in the least. This means that once the parents are unfortunate enough to lose their ability to work, or to suffer from major diseases or even unfortunate deaths, when the parents can not take care of their children, the policy premium can be granted "exemption" so that they will not lose their protection because their parents are unable to renew their premiums.

Notes on purchase of education savings risks

Parents need to consider whether their ability to pay is proportional to the actual ability to pay.

To make clear the significance of Education Fund for future education, we must ensure that the basic education plan is also a part of medium risk investment as complementary.

It can buy Educational Savings and add some children's medical and serious illness protection to ensure a more comprehensive protection.