Education insurance, also known as education fund insurance, children's education insurance and children's education insurance, is an insurance aimed at preparing education funds for children. Education insurance is a kind of saving insurance, which has both the function of compulsory saving and certain guarantee function. There are mainly simple education funds, which are not guaranteed. After a certain period of time, children's accident insurance is added, and WeChat is supported to deposit at any time, but the withdrawal period is all children's adulthood.
As a special type of children's insurance, all insurance companies provide professional children's education insurance products. Education insurance can be divided into life insurance and non-life insurance according to the guarantee period of specific insurance products.
Among them, non-lifelong education insurance generally belongs to the real "special fund" education fund product. In other words, the return of insurance money depends entirely on the children's education stage. Usually, the funds will be returned every year at two important time nodes: children entering high school and entering university, and then the fees and account value will be returned in one lump sum at the stage of children's university graduation or entrepreneurship, so as to help children get a stable financial support at every important education stage.
Life-long children's education gold insurance usually takes into account the changes of a person's life and returns it every few years to show concern for their children's lives. Children can be used as education funds when they are young, and can be converted into pensions when they are old, sharing the long-term operating results of insurance companies and ensuring the inheritance of family wealth.
Insurance standard:
First, the education fund account should be earmarked, long-term reserves, and steadily increase in value. In addition, because there are many possibilities for children's future education, the education fund needs to be flexible, and customers can decide the time and amount of the education fund by themselves.
Second, the guarantee is flexible and adjustable. Peace and happiness are parents' greatest expectations for their children. In the long life of children, the insurance protection of education funds needs to be adjusted according to the risks of children in different life stages. Children's insurance with adjustable coverage and flexible coverage can meet children's personalized life needs.
Third, the education fund insurance premium can be exempted.
Love for children is unshakable and uninterrupted. If the insured or the insured has personal risks, it will have a great impact on the family economy, and it is likely that the child's insurance plan will not be completed on time and with good quality.
If premium-free products are attached, when the insured dies or suffers from disability, serious illness or serious illness as agreed in the contract, the remaining premium will be paid by the insurance company to ensure the realization of love for children.