The emergence of children's education insurance enables insured children to reserve a sum of money at every specific stage of their lives, which reduces the financial burden of parents and fully reflects their care for their children.
Buy education fund insurance:
Before buying children's education funds, parents should first check whether their protection is comprehensive enough. If it is not comprehensive enough, they should buy more complete insurance for themselves first. Since parents are the greatest protection for children, it is necessary to protect parents first, and then consider buying children's education funds for children. The advantage of this is that if parents have an accident, they can get an insurance money, which can guarantee their children's basic life in the future and generally meet their future growth and educational needs.
If parents have been fully protected, they can consider buying an education fund for their children. Because the essence of education fund is saving, compared with other investment and financial management methods, the stability and security of education fund are very good. Now many insurance companies have launched children's education fund products, and everyone can choose freely.
Because the higher the amount of insurance, the higher the premium to be paid, so it is generally only necessary to purchase the amount of insurance equal to the total estimated future education expenditure. After setting the insurance amount, you can formally choose the education fund products.