Prepare the Best Future for Children with Education Insurance

It cannot be denied that almost every year there is an increase in the cost of education, while the amount of income remains or even stops due to various reasons. Education insurance is one of the best solutions for parents who want to prepare education funds for their children from an early age.

 

Without insurance, you can still send your children to school. However, when financial problems occur, children's education can be threatened. In order to protect the future of the baby, it's good to consider the best education insurance.

 

What is Education Insurance

Education insurance is a service that aims to guarantee a person's education. Generally, this insurance is aimed at parents to protect the educational needs of their children. Preparing funds early will ensure education to a higher level.

 

Education Insurance Benefits

Broadly speaking, insurance aims to protect funds for various needs, including children's education. In addition, there are a number of other benefits offered by education insurance, namely:

• Ensuring the child gets a proper and sufficient education.
• Allocation of education costs up to college.
• Avoid the occurrence of problems that cause the drop out of children's education due to changes in family finances.
• Even though parents are gone, children can still take care of insurance to get the best education.

 

Recommended Types of Education Insurance

Basically, there are two types of education insurance to choose from, namely unit-linked and dual-use. Both have the same goal of protecting children's education funds. However, unit link provides an opportunity for customers to invest by investing.

 

Every time a customer pays an insurance premium, the funds will be used for education as well as investment, such as This type of insurance provides convenience for parents who want to get two benefits at one time.

 

In contrast to unit-linked, dual-purpose insurance prioritizes savings and future protection. When parents stop working due to retirement or other reasons, insurance ensures that children continue to get the best education.

 

This insurance can be withdrawn after entering a certain period in accordance with the contract. If it is likened, the function of endowment insurance is almost similar to term investment. Interested? Here are insurance recommendations for the best education.

 

BRI Education Insurance

BRI education insurance is known as Danasiswa Syariah. This sharia-based insurance offers benefits in the form of cash value replacement if the customer resigns and stages of education funds for children if the insured dies.

 

BCA Education Insurance

Maksima Education Protection (EduPlan) is insurance BCA dual-purpose type. This insurance will help parents prepare their children's education fund with premium payment options ranging from 3, 10, to 15 years. Customers also get life insurance and education insurance of 200% of the sum insured when the child reaches the age of 18 to 21 years. Another advantage, you have the opportunity to get a policy end bonus and an annual bonus.

 

BNI Education Insurance

BNI Life has an education insurance product called Smart Solutions. BNI education insurance can be used from elementary school to tertiary education levels with premium payments ranging from 9 to 17 years and a maximum of 65 years of age for the insured.

 

This insurance can be inherited if the insured dies while the policy is still valid. To maximize the future of children, additional insurance is available, such as Term Life and Personal Health and Personal Accident.

 

Mandiri Education Insurance

Protection Self Insurance offers various attractive benefits to customers. In addition to protecting tuition and college education funds for children, this Mandiri education insurance provides exemption from the obligation to pay premiums for policyholders or the insured as well as coverage for the risk of critical illness and permanent disability. Mandiri also provides a lifetime loyalty bonus that starts from the 7th year until the age of 100.

 

Prudential Education Insurance

Prudential education insurance or called PRUlink Edu Protection allows customers to pay insurance premiums starting from IDR 500 thousand per month. In addition to children's education funds, this insurance also provides protection for children and parents in one policy up to the age limit of 99 years.

 

Allianz . Education Insurance

This unit-linked Allianz education insurance provides two benefits at once, namely education and investment insurance. Later, the investment funds can be used for additional education costs for children in the future. Allianz also gave soul for life until the age of 100 years.

 

Sequislife Education Insurance

Sequis offers four types of education insurance, namely Sequis EduPlan Insurance, Sequis Global EduPlan Insurance, Edu Plus, and Sequis EduPlan Insurance. All types of insurance provide guarantees for education funds and life safety.

 

Customers only need to pay premiums during the specified period to enjoy long-term insurance up to 18 years. Thus information about education insurance along with the best recommendations for your baby.