As a type of insurance that prepares education funds for children, education fund insurance has the functions of insurance and savings. It not only provides education funds for children, but also provides personal protection and protection for children.

At different stages of a child's learning, education insurance will provide corresponding insurance funds for the child's learning. Some products also have the advantage of premium exemption.

So is it worthwhile to buy education insurance?

In fact, education fund insurance is not measured by whether it is cost-effective. We can only say what role and significance education fund insurance plays for different families.

1. The prerequisite for families with average financial conditions to purchase education insurance is to reserve the education funds needed for their children to go to school. It is not as important as accident insurance, critical illness insurance, and medical insurance. After all, the child’s personal protection is the first priority.

, so for families with average economic conditions, after improving their children’s personal protection insurance, the family has no surplus funds. Insurance experts do not recommend purchasing education fund insurance for their children, because under such circumstances, reluctantly purchasing education fund insurance will only

There is really no need to increase the financial pressure on parents and affect their current lives. Moreover, once the education fund insurance is established, premiums need to be paid every year as agreed. During the payment process, parents are likely to be unable to pay the premiums, resulting in refunds.

protection phenomenon.

2. Families with a good economy. For families with a good economy, a premium of several thousand or more than ten thousand a year is not considered high. They only need to spend a few hundred or even a thousand every month to buy an education for their children.

Financial insurance, but this education financial insurance can bring enough "benefits".

First of all, it can provide corresponding education funds at different stages of children’s education. Children do not have to worry about the cost of schooling, especially at the university level, where there is no need to worry about educational expenses that cost tens of thousands a year.

Secondly, it can also provide some personal protection for the child, such as accident insurance and health medical insurance, to protect the child's personal safety.

Finally, it also provides a "premium exemption" service so that parents have no worries. Even if a parent dies or is totally disabled, this education insurance will still provide the children with the protection they deserve.

3. Financially wealthy families For wealthy families, the premiums of education insurance can be increased to provide higher and more protection for their children. This way, they don’t have to worry about the education expenses for their children to study abroad, and they don’t have to worry about their children’s entrepreneurial funds.

In addition, you can also enjoy better "guarantee services".

For example, an education fund insurance can provide protection for children against 85 critical illnesses, hospitalization allowances, and long-term accidental medical protection.

Based on the above, we already know that buying education fund insurance for children cannot be measured by whether it is cost-effective. It must be combined with the family’s economic status. For families with good economic conditions and wealthy families, an education fund insurance is still useful.

The significance of its existence, and for families with average financial conditions, an education fund insurance is likely to become a burden.