Education insurance to leave the child s special fund Insurance Tips

Category: Insurance tips Release Date: 2006-08-01

A child from birth to college graduates, parents need to prepare for roughly the cost of about 300,000, of which education costs accounted for a large proportion of which alone can save the earth way to apparently have become obsolete, and perhaps payment insurance can be a focus on education, to consider projects.

For many families, parents of a headache the rain-delayed funding for education. A recent survey on the educational needs of the residents showed up to 68.8% of residents of education spending came in household consumption, the first one. How to effectively raise the funding for education, but also a matter of course to become a top priority for many families.

Education, consumer spending has become the Shanghai of the family's third-largest consumer spending, that is, food, housing and education.

Relatively low-income groups more focused on education spending, in the monthly income of 3,000 yuan in the family, the next one to two years the bulk of spending the first three order are: the education, purchase homes and to purchase long-term insurance, while the income of 3,000 yuan sorting the above groups are: purchase of housing, domestic education and the purchase of long-term insurance. This subtle difference showed a strong desire, that is currently in the low-income or relatively low-income groups of society are eager to improve the cultural quality of education, higher incomes, improved living standards.

Stressed that protection of some parents to consider education savings to buy insurance to guarantee the "earmarking," because education savings and insurance are generally the child's high school or university education, a specific time in order to extract the gold. Of course, parents choose the original purpose of insurance there are many, such as insurance can simultaneously resolve a number of risks, many insurance a "premium exempt" feature, if the parents Contributions Chuxian period, the next premium may not pay, but the protection of non - will therefore change the

Their children's education insurance is insurance for ways of assisting parents to accumulation of costs of education for their children, both insurance, there are savings, life insurance nature of the role of co-existence. Where the age of 21 years to 50 years old, between good health and able to work or work it, can be used as the insured, for 1 year old to 21 years of age or physical health of children, child dependency relationships (insured person) , to insurance companies in their children's education payment insurance.

Education belongs to savings-type insurance, the insurance payments, equivalent to the much-needed short-term scatter large sums of money year after year savings, but if at the outset, in full accordance with the required amount after payments, may give households greater economic pressure. It is proposed that in the first to follow the economic situation of families choose the appropriate premium amount, not too high, with the increase in household income, you might consider a gradual increase and eventually achieve savings goals.

Education, insurance, relatively speaking, bank savings has its convenience, if the family needs cash flow can also be readily accessible now, but can not guarantee their children's education reserve fund will not be diverted.

As a result, some parents to consider education savings to buy insurance to guarantee the "earmarking," because education savings and insurance are generally the child's high school or university education, a specific time in order to extract the gold. Of course, parents choose the original purpose of insurance there are many, such as insurance can simultaneously resolve a number of risks, many insurance a "premium exempt" feature, if the parents Contributions Chuxian period, the next premium may not pay, but the protection of non - will be changed all that.

To industry sources, Education Savings have been outdated. Now, the annual rate of return than bank interest rates are too many financial products, there is no need to choose an education savings. Besides banks can choose financial products, savings and education have the same security and interest tax exempt bonds have their income compared to much higher.

"Education insurance" is insurance from Life Insurance Company introduced one. Such insurance is characterized by a child from birth to its 14,15-year-old are entitled to coverage of such insurance, then the child in high school (some of the provisions of insurance companies from the junior high school), the insurance company to obtain the cash payments phased . "Education insurance" Although there are savings and investment features, but it is more emphasis on the support functions.

At present such "education insurance" and distributing dividends and Non-dividend two kinds, in general, with the insured amount of the dividend under the type of education, the insurance than non-dividend-based insurance, the premium should be higher. Dividend type of education insurance against inflation outstanding advantages. Children from birth to a fourteen or fifteen years of age are eligible to insure their children start secondary school, the insurance company can pay in phases.

Pacific Life Insurance Company introduced the "champion Red Endowment Insurance", which is characterized by: Insurance earmarked funding, education, Kim focused receiving, not only the nature of a dividend, but also both security function, even if the parents Chuxian to protect the people will not change. Just a year 3705 money, which is to prepare for their children every day about 10 money, when the time can be a child's special education reserve fund. When children in the 18-21 years of age, they can respectively receive 30% of the sum insured payment of university education, in the 25 years of age when 50% of the sum insured can be paid for children of entrepreneurial gold.

Ping An of China launch of the "Yuk Ying annuity insurance" could take payment in advance to the junior high school years. If my father 30 years old, a child 0 years old, the insured amount of 100,000 yuan insurance, annual insurance premiums to pay 8900 yuan, then the children are 12 years of age may receive secondary education Jin 1 million; 15 years of age may receive secondary education grant 15 thousand yuan; 18 years of age of university education will receive 25,000 yuan payment; 25 years of age will receive 50,000 yuan venture capital fund. Father because of illness within one year after the insured death, survivors can receive 10,000 yuan death insurance money, and receive back the premiums paid 8900 yuan, insurance terminated. If the father a year later due to accident or illness at the age of 25 before the tragic death of her son, survivors can receive 100,000 yuan death insurance money, after which his son the table below to receive a once a year the amount of annuity Yuying, until 25 years of age. And exemptions from premiums, the aforementioned survival education payments of pensions is still valid. Son from 60 years of age, the year for each 13,000 yuan of pensions to life.

Taikang Life's "wisdom of Baby Taikang Life Insurance," taking into account the education fund, life-long protection, life-long dividends, etc., when taking out policies can be flexible and choose the option of high school education grant and venture fund may also choose to start university education grant and gold, or all of the choices high school and college education grant and venture fund their education up to the insurance amount of gold to return the amount of 290%, the insurance minimum amount of 1 million yuan, the maximum insured amount of 150,000 yuan.

Xinhua Life Insurance has launched a "Children's growth plans", which covers "growth worries children's critical-illness insurance" and "Life on a regular basis to grow trees," two new products. "Growing trees on a regular basis life insurance" the biggest features are: the children grow up, when the event of an accident, parents, children's right to life and the right to education will not be interrupted, the responsibility of parents to be a continuation of children's interests will be permanent protection. If the parents due to accidental injury or illness death or total disability, the insurance company will pay an annual insurance premium to their children up to 25 years old.

A reasonable tax avoidance provisions under the tax laws, if they are insured person dies within the validity period of insurance, the insurance company will pay the death according to the contract bond, such as the designated beneficiary on a single insured, insurance companies, insurance will be paid to the beneficiary, and do not deduct income tax, so you can maximize the preservation of the family property is not lost

In most families, their children became the center of life in the child's life, there are three stages of the most important and most in need of money --- that is, education, marriage and career, for our children's future will not be because of economy affected, can be considered as soon as possible to buy some children's education, insurance, to ensure that children in education and career can get a help, to help children successfully taught in career success.

Current commercial launch of their children's education insurance insurance companies generally periodic payments based education payment methods, that is insured children in junior high school, high school, university and other key stages of the relative's age, pay a certain amount of insurance, such as policyholder Paying child support during the period in death, can be exempt from the remaining premium, the contract remains in force.

Some commercial insurance companies also introduced coveralls insurance, is to support people as the insured and the insured persons, children, the insured person, as joint and several and, in a crucial stage of education to receive insurance money, a kind of insurance in foreign countries it is a the more popular children's education payment insurance.

According to the provisions of tax law, if they are insured person dies within the validity period of insurance, the insurance company will pay the death according to the contract bond, such as the designated beneficiary on a single insured, insurance companies, insurance will be paid to the beneficiary, are not deducted income tax, so you can maximize the preservation of the family's property from loss.

Today's society, many families are unwilling to have children, so that there a lot of "DINK families," a result of this situation is very important reason is the cost of raising a child so a lot of people discouraged. According to statistics, a child from birth to college graduates, parents need to prepare for roughly the cost of about 300,000, of which education costs accounted for a large proportion of which alone can save the earth way to apparently have become obsolete, and perhaps educational grant insurance can a focus on projects being considered.