Which is the best educational insurance for children

Hello! Currently we have two options to buy education insurance: buy children's annuity insurance and buy increased whole life.

If you do not know which is better to buy, you can click to book a 1 to 1 insurance planning services, Deep Blue Insurance_Dedicated Insurance Broker will give you professional advice.

1, children's annuity insurance

According to the agreed payment method of children's annuity insurance, a fixed annual payment,

To the contractual agreement of the child in high school or college, in accordance with the contract to start zero money.

2, incremental whole life

Buy incremental whole life, and then their own planning how to get from inside the policy, regular reduction of insurance, drawdown of the child's education costs.

Education insurance, in the final analysis, is to help parents develop long-term planning thinking, which is also a tool for early forced savings of children must spend money for school.

In layman's terms, it's a mandatory savings for parents for their children's education.

This money will provide financial security for the child at various stages of his or her development, with the aim of transferring the financial risks faced by the child during his or her education.

If you already have a full complement of other protection insurance and have a spare sum of money that you won't be using for a long time, it's worthwhile to buy an education fund at this point. Conversely, there is no point in buying an education fund if you buy it first or can't meet the premiums to pay for it in the long run.

Deep Blue still suggests that the first to protect the full configuration of the insurance, and then to consider this financial nature of the insurance.