Education fund insurance is a relatively special type of children's insurance, also known as education fund insurance and children's education insurance.

Education fund insurance is mainly to prepare education funds for children, which has both mandatory savings and insurance protection functions.

Education fund insurance is divided into lifelong and non-lifetime types.

The non-lifelong type means that at each different stage of the child’s education, the insurance company will return a certain amount of insurance money to protect and support the child’s financial needs in different periods.

The lifelong education insurance fund considers a person's life. The insurance money is returned in several years, caring for the child's entire life, and can be converted into a pension when he is old.

Next, we will mainly take a look at the six characteristics of education insurance funds.

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Ranked first among the top ten insurance companies in the country. Education fund insurance must be earmarked for special purposes.

If you want to purchase education fund insurance, you must set up a special account separate from other insurance accounts. This account is only used for matters related to education fund insurance and is dedicated exclusively to funds.

2. Education fund insurance has no time flexibility.

When it comes time to pay the premium, it cannot be postponed due to other matters, and the insurance premium is paid at a fixed time.

3. Education fund insurance has no cost flexibility.

The basic tuition fees are relatively fixed at each stage of the child's life, and these fees are the same amount for each student without deviation.

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There is no possibility of deferring, deferring, or underpaying a child's continuous education expenses for nearly twenty years from childhood to adulthood. The total payment amount is sometimes more than the expenditure on buying a house.

Therefore, education insurance is needed to protect it.

5. Education fund insurance has high periodic expenses.

At some stages, the expenditure on children's education funds will be relatively high. For example, for university education, you have to pay about 10,000 yuan per year; and if you are studying abroad, the fees are even higher, with the total price being about 150,000 yuan or more.

The payment period for these fees is relatively short, and the payment amount is relatively high. Correspondingly, the same is true for the benefits of education fund insurance.

6. The additional costs of education fund insurance vary widely, so preparations need to be made in advance.

Each child has different qualifications in the learning process, and the related expenses throughout the entire education process will vary greatly.

Some children are only studying for undergraduate studies, while others choose to study abroad or continue to pursue postgraduate studies and doctoral studies. Different choices require different fees.

Therefore, when choosing education insurance, you should choose it based on your own circumstances.

The above are the six major characteristics of education fund insurance. Only by understanding the relevant information of education fund insurance before purchasing can you plan better and more rationally. I hope the above introduction will be helpful to everyone.