Why don't I advise parents to buy education insurance for their children? The answer is here

217-6-23 at 15: 5

The WeChat group added by Maomei is really varied. Recently, a treasure mother dragged Maomei to Wechat business group, and when she went in, she found it interesting. Besides selling goods, they also talked about buying insurance for their children.

After reading the chat records, it's amazing. From accident insurance, critical illness insurance to education insurance, they all want to buy it for their children buy buy. The cat sister has a deep understanding, and parents are very anxious. They should consider whether the children's future education expenditure is sufficient or not, regardless of the cost, and hope to give the best to their children.

However, in the final analysis, children's medical insurance is a national welfare, which can cover most hospitalization expenses. For example, the reimbursement rate of designated first-class hospitals in 2 yuan is 9%, and that of designated second-class hospitals in 5 yuan is 85%. It is enough for ordinary families, and families with the ability can properly configure accident insurance and critical illness insurance.

Today, Cat Sister focuses on discussing with you whether education insurance is worth buying.

Sister Mao's answer is: NO!

Education fund insurance has become education insurance again, which mainly focuses on saving and security. Parents pay the relevant premiums regularly and regularly, and then help their children receive education funds at the appointed time, mostly for less than 1 years, in the form of annuity insurance and endowment assurance.

The reason why this kind of insurance attracts parents is not because the selling point of some of its publicity is always to catch parents' hearts.

For example, children can be forced to save a good future education fund (children can receive a good education in the future); Some will also attach accident insurance and critical illness insurance; The premium can be exempted (parents are unfortunate, and children can still complete their studies); There are refunds in different periods ......

Bao Ma saw the advantages of so many products, and definitely paid for them without saying anything.

wait, paying is cheating!

everything should be analyzed rationally, so let's look at a product case of an insurance website.

Ms. Li successfully insured a children's education fund protection plan for her 2-year-old son, and chose the protection amount of 5, yuan. For the medical insurance for accidental injuries attached to this product, she chose the amount of 2, yuan.

Sister Cat feels very tired when she looks at the above table. The lady insured her son at the age of 2, and she won't get the education payment for the first time until the child is 15.

CPI has been increasing. Will the money be valuable after more than ten years?

according to China's past inflation level, the purchasing power of 1, yuan in the future is likely to be very low.

after reading the detailed terms of this insurance, I found that there are still many disadvantages.

1. The income is generally too low to guarantee the dividend

After opening the detailed terms of this insurance, Cat Sister found that it said "the policy dividend is not guaranteed".

Sister Mao asked a salesman, but she didn't guarantee that the income was normal, and the pricing interest rate of dividend insurance was generally around 2.5%-3%. If the business was not very good, it would probably be very low, and the annual interest rate would be 2: , which was too poor.

So, no matter how the salesman shows you the high interest rate, it's useless. Who can predict what will happen in ten years?

Asset allocation is crucial, and it is still too trivial to put education insurance.

Because the education fund will be used in the later period, Maomei suggests that it is not appropriate to invest in varieties with too high risks, such as stocks or partial stocks and hybrid funds.

Parents can buy 3-year or 5-year treasury bonds or put them in money funds, so the income will be higher than this kind of dividend insurance, but parents should have a compulsory saving attitude towards this part of funds.

2. Poor liquidity, loss of principal due to surrender midway

Many people choose education fund insurance for compulsory savings, which can be done, but the liquidity of your education savings is very poor, and you will cry when you are in a hurry to use money.

Let's take a look at the original case. The lady insured the education fund for her child at the age of 2, and paid it for the first time at the age of 15-17. That is to say, after more than 1 years, she still couldn't get the money temporarily.

after seeing the procedures and risks of terminating the contract, the insurance company will state that "you will suffer certain losses if you terminate the contract after the hesitation period".

since you bought this product, you must follow its rules. You can't get the money back completely, or you will face losses.

3. The additional exemption function of the insured is only an additional term life insurance

Education gold insurance will have an additional exemption function, which can be said to have certain advantages. When parents suffer misfortune, they are still exempt from the remaining insurance fees, which can give their children a stable happiness and still go to school.

However, that amount is still not high, just to ensure that children go to school later.

parents might as well buy a term life insurance policy for themselves, with a coverage of 5, yuan for 2 years, instead of taking out education insurance, so that even if risks occur, their children's education can continue and the coverage is sufficient.

4. The premium for education insurance is too high

Education insurance must be bought when children are very young (-3 years old), and it costs about 16, to 2, yuan a year, which is quite high.

considering that many newly married families are under great mortgage pressure at this time, Maomei is likely to lose payment if she doesn't plan well.

In addition, with the rising prices, the money you paid in the early stage is very valuable, but the money you paid in the later stage is actually too low. Instead of buying this kind of insurance, it is better to manage your finances while you are still in middle age, increase your income and make good asset allocation.