financial planning
the household income level is acceptable, so it is suggested to increase investment in financial management. Increase family income planning: according to your age and the proportion of household income and expenditure, it is suggested that you can choose a stock fund with relatively high investment risk and good growth, and have the opportunity to obtain higher expected annualized expected income on the premise of controlling risks. At the same time, you can also consider short-term wealth management products to obtain stable expected annualized expected income on the basis of relatively safe principal, and the expected annualized expected income can also be used for children's living expenses. Provide protection for children's living expenses and education expenses in the future: According to this goal, it is suggested to accumulate funds through wealth management products in the early stage. After the child is born, you can insure insurance products that integrate education, serious illness, dividends and premium exemption, so as to provide protection for your children's education expenses in the future. In addition, the fixed investment of the fund is also a good way to accumulate children's education funds, and at the same time, it can obtain a certain expected annualized expected income. However, due to the long periodicity of education fund investment, it is suggested that the investment fund type should be bond type and mixed type, and the position and investment ratio should be adjusted according to different market conditions.
How to make insurance plans for children
1. Parents are the best protection for children. Before choosing insurance for their babies, Good Planning Network advises parents to abide by the following principles. First: social insurance first, then commercial insurance. Take the Beijing area as an example, the social medical insurance for children, that is, the "one old and one small", bears the basic outpatient medical care and hospitalization medical care, and the premium is also very cheap, with an annual premium of 1 yuan. This kind of insurance is also limited to children with urban hukou and adopts the principle of voluntary insurance. Second: protect the adults first and then the children. Perhaps many parents spend a lot of money to buy insurance for their children after understanding the necessity of configuring insurance for their children. In fact, this is not correct. Parents are the best "protection" for children. If only the children are insured, but the adults themselves don't, then once the main source of income at home goes wrong, the family is likely to get into trouble, and there is nothing to make up for buying more insurance for their children. Third: give priority to the purchase of security insurance, and then consider education insurance. Parents should first consider the health and growth of their children, that is, security insurance should be considered first, and then savings insurance or investment return insurance should be considered. Fourth: Children will show different needs at different stages of their growth and need insurance corresponding to them. Therefore, parents are advised to pay insurance as flexibly as possible, such as annual premium. Finally, buy insurance according to your ability. Generally speaking, the annual premium paid by all family members should not exceed 15% of the total family income, and about 1% is appropriate.
2. Flexible insurance according to the growth needs of children. After understanding these basic principles, it is time to choose the right insurance products for your baby. First of all, here are some common children's insurance products. Children's accident insurance, also known as children's accident insurance, is an insurance that takes minors as the insured and pays insurance benefits on the condition of death, disability, medical expenses or temporary incapacity caused by accidental injuries. Children's health insurance mainly provides economic compensation for the expenses of treatment, hospitalization and surgery caused by children's diseases, including major illness insurance and hospitalization medical insurance. Children's comprehensive insurance: There is also children's comprehensive insurance in the market. The basic protection of this kind of insurance includes accidental death, disability, serious illness death, accidental hospitalization and other aspects. It is a combination of accident insurance and health insurance, with high cost performance. Children's education insurance, also known as children's education insurance, provides corresponding insurance benefits for children's educational needs at different growth stages. It is a kind of insurance with compulsory saving function. Once you buy this kind of insurance for your child, you must deposit the agreed amount every year to ensure that this savings plan can be completed. According to the principle of giving priority to the purchase of insurance, parents should first buy accident insurance and health insurance for their children, and then selectively buy education savings insurance or insurance with investment function according to economic conditions. In terms of timing, the earlier the purchase, the more cost-effective, and the younger the baby, the cheaper the insurance cost. As mentioned above, children will show different security needs at different ages. Therefore, we can insure the children according to their age. Early childhood (~6 years old): Major diseases tend to be younger and younger. Under the basic medical insurance system in China, the medical security for children of this age is still not perfect. Therefore, as long as families have the conditions, they should buy child health insurance in time after the baby is born (usually 28 days or 3 days after the baby is born). In addition, the baby is at the peak of vaccination at this stage, and many parents are worried that their children will have an accident in vaccination. There is insurance in the market to protect against injuries caused by vaccination. If family conditions permit, you can consider saving future education funds soon after the birth of your child, so that the annual premium burden can be reduced. Childhood (7~12 years old): As children are immature in self-protection awareness and poor in risk awareness, they are prone to accidental injuries. As parents, they can increase the expenditure on accidental injury insurance at this stage. And began to consider the savings of future education funds.
3. The premium exemption clause should be paid attention to. After selecting specific insurance products, make a good plan to remind parents to pay attention to two points when taking out insurance. First: premium exemption clause. When the insured completely loses his ability to work under certain specific circumstances stipulated in the insurance contract, the insurance company is allowed not to pay the subsequent premium, but the insurance contract is still valid. Many children's insurances in the market have premium exemption clauses, so there is no need to purchase them. However, if there is no premium exemption clause, parents need to purchase them as an additional insurance. In this way, in case parents are unable to continue to pay premiums for some reason, the insurance company will exempt the premiums in future periods, so that the children can get protection. Second: Don't insure again. In order to prevent moral hazard, that is, intentionally hurting minors in order to obtain insurance compensation, the CIRC has rigidly stipulated that the maximum amount of insurance compensation for the death of minors is 5,-1, yuan. Therefore, when parents take out insurance for their children with the death as compensation condition, it is best not to exceed 1, yuan, because even if the premium is paid, the excess amount cannot be compensated. However, savings insurance, such as children's education insurance, has no limit on the amount of insurance and can be purchased in multiple copies.