Abstract: What is education insurance? 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. Let's take a look at it!

What is education insurance? 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.

What is education insurance?

What is education insurance and what is its main function?

What exactly is education insurance? The emergence of education insurance enables the insured children to reserve a sum of money at each specific stage of life, which reduces the financial burden of parents and fully reflects their care for their children. At present, the children's education fund insurance sold in the market includes not only the education fund for junior high school, senior high school and university, but also the start-up fund after work, marriage fund and even retirement pension. Its functions mainly include:

1, "premium exemption" function The so-called "premium exemption" function means that once the insured's parents encounter misfortune, death or total disability, the insurance company will waive all unpaid premiums and their children can continue to receive protection and assistance.

2. The function of compulsory savings Parents can choose the type and amount of insurance for their children according to their own expectations and their children's future education level. Once the education insurance plan is established for children, they must deposit the agreed amount every year to ensure that this savings plan can be completed.

3. Education fund insurance has the function of insurance protection, which can provide protection for the insured and the insured in terms of illness, accidental injury and high disability. Therefore, once the insured suffers from illness or accidental death and high risk of disability, the insurance company will waive the insurance premium that the insured should pay in the future, which is equivalent to the insurance premium paid by the insurance company for the insured, but the original rights and interests of the policy are inconvenient, and it can still provide future education expenses for the children.

4. Education insurance also has the function of financial dividend. It can resist the influence of inflation to a certain extent. Generally, it is paid by installment, and the payback period is longer.