Six Mistakes in Insurance for Children's Insurance

There are many types of children's insurance products on the field, and the functions and coverage are different. Many parents are often immersed in insurance misunderstandings when they purchase insurance for their children because of their enthusiasm and lack of professional insurance knowledge. Insured misunderstanding one: After buying insurance first child, adults and children are the family's future and hope, you should first buy enough insurance for your child, and then consider adults. 1. For a family, the most basic principle of buying insurance is to protect the top pillars, which is the highest person. The reason is very simple. The risk is everywhere. If the pillars in the home suddenly fall down, it is likely to directly lead to the economic difficulties of the family, which directly affects the children's daily life and study. 2. In general, the ultimate goal of parents buying insurance for their children is to add a guarantee to their children. However, no one can deny that parents are the most basic and important guarantee for children. The child is out of danger, only from an economic point of view, even if there is no insurance parents can still resist; and once the parents are out of insurance without insurance, the child is basically not able to resist. Therefore, the correct order of buying insurance should be the first adult and the child, which is the real responsibility for the child. Insured Mistakes 2: Choosing Insurance in Children's Insurance Children's Insurance is a type of insurance specially developed for children. To buy insurance for children, you must choose from buying children's insurance. Now there are some universal insurances that are more restrictive on the age of the insured, which is very suitable for a long-term insurance plan for children. Universal insurance provides a minimum guaranteed interest rate, compound interest and interest, and the income is relatively stable; the payment method is flexible, parents can adjust in real time according to their own changes; according to the family expenditure situation, the personal account value can be collected at any time, used as the child's education expenses; The security function is also relatively strong, providing a death or total disability protection, which can cope with the child's needs. In fact, many agents now tend to deploy a universal insurance when planning insurance for their children. A universal insurance can basically cover the functions of children's accident insurance and education insurance, and the protection period is relatively long, and the collection method is also flexible. If the child no longer needs this insurance after the adult, the parents can completely convert it into their own pension money. Insured misunderstanding three: education cost is not high, children's education gold insurance is mostly dividend-type, the rate of return is much lower than the universal insurance and investment-linked insurance, it is better to replace the products with higher yields. Most of the children's education gold insurance on the field has a premium exemption clause. That is to say, during the payment period, if the parents have an accident or suffer from serious illness, there is no need to pay the remaining premium, and the policy will continue to take effect. This is almost a special clause for the Children's Education Gold Insurance, and it is also a clause that should give parents enough attention. Other products have higher yields, but once the parents change, the premiums cannot be paid in time, the insurance contract will be terminated, and the children will naturally lose their original protection. The advantage of education insurance is that even if the parents lose their ability to pay premiums because of accidents, the insurance contract is still valid, and the cost of the child's schooling can still be basically guaranteed. At present, there are some investment-linked children's education gold risks on the field. The expected rate of return is high, but the risk is also increasing. No one can predict changes in stocks, and naturally cannot judge the future earnings of investment-linked insurance. Under the premise that there is no other guarantee to do the foundation, parents should be cautious in simply using such products to make educational plans for their children. Mistakes in insurance coverage 4: Children's insurance is more risky than adult insurance, and children need more protection, so buying insurance for children should be more beneficial. In order to prevent moral hazard, the maximum limit for the death insurance for minors is 50,000, and the sum is 100,000. Therefore, it is enough to buy 50,000 or 100,000 deaths by region. Some parents want to increase the death benefit by buying separately from several insurance companies, which is not feasible. Because this is a duplicate insurance, after the insurance, it will be rejected because of the excess limit and the failure to fulfill the obligation to inform. However, parents need to be reminded that this limit applies only to death benefits. If the family's economic conditions permit, it is not unreasonable to buy more education insurance, medical insurance and critical illness insurance. Insured misunderstanding 5: A lifelong protection plan for children. Parents should do their best to arrange the child's future life, and simply buy a life insurance for the child, there is protection. Life insurance can only be paid for insurance after the child has died. It is obviously too early to consider this issue when the child is still young. As long as parents can do their best to protect their children before they go to work, it will be enough for them to plan for their future insurance. In addition, insurance products are constantly being updated, and it may be better to buy them when they grow up. The cost of household insurance for insurance should be measured by the effort to use the limited amount of money on the cutting edge. Insured misunderstanding 6: 讳 忌 忌 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不 不But this is not a problem that can be avoided by humans. At present, many diseases have become a high incidence of children. Parents are not willing to talk about this issue, it does not mean that the child will not be sick in the future. With the increasing medical expenses such as hospitalization and surgery, once a child is seriously ill, it will be unbearable for an ordinary family. If there is no insurance for serious illness because of the ailment of medical treatment, and eventually the medical condition causes delay in the illness, the parents can only regret it. Therefore, the critical illness insurance does not have any connection with whether the child is sick or not, but can provide timely funding for the treatment when the child is sick. In the case of economic conditions, parents are better able to buy a child's critical illness insurance for the child's needs.