Posted on Thursday, 10th December 2009 by admin
Today, the need to insure that education is not “weird”. Community ~ especially the developed countries, insurance ~ even think education is a primary requirement and family planning.
Here are a variety of benefits to be gained from the child education insurance products:
Education Fund
This fund is a savings balance of the premium paid / saved in a certain period.
In the long run it will accumulate funds well and you can use for the purposes of education funding your children
Tip: choose products that offer the flexibility that a withdrawal can you drag / add any time.
This will provide financial flexibility for the planning of education your children.
Deposit Guarantee / warranty acquisition premium:
By having this facility, parents should not worry about disability insurance premium payments for their child’s education.
If the parents (because of certain diseases, died, or disability), the company will continue to pay insurance premiums are up to a certain age.
Suggestion: Choose products that provide protection for these benefits to both parents (not just one parent, or policy holders only), And choose which gives flexibility warranty period.
Health Benefits
If you wish, you can add the benefits of health protection for your children. You can choose the product that is reimburse (pay first, then change the company), or who uses the card system (in collaboration with various hospitals) so you do not have to pay fees in advance, just show the card and hospitals that will provide appropriate allocations service / limit that you want.
Advice:
Choose which allows double benefit claim if your children already have the benefit of other insurance.
If you have enough funds, it is worth choosing a card system, so that in emergency situation and you do not have the cash, then this benefit will provide a very good benefits.
Death Benefits:
As with any insurance product, choose the education savings benefit Benefit dies.
Advice :
Consider the coverage of these benefits. The longer you tercover the better the benefits for your family.
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