Education Insurance for Children

Education Insurance for Children-You and your partner can prepare children's education through a wide selection of financial products, one of which insurance education. Insurance education can provide education from elementary, junior high, high school, to university.

To get the expense, you have to pay the premium amount can be determined according to your wishes. The larger the sum you want to get, the greater the cost of the premium to be paid. This type of insurance can be liquid (cash) per term, for example, when children have entered primary school, junior high, high school and university.

As an illustration: the sum assured (UP) Rs 100 million and the premium to be paid annually approximately USD 8 million. One of the insurance provider will pay the insurance of Education every time children enter school, with the following conditions: SD 10 percent of UP or USD 10 million; SMP 15 percent of UP or USD 15 million; SMA 25 percent of UP or USD 25 million ; University 50 percent of UP or Rp 50 million.

Once the contract is completed normally when the child is aged 21, will exit cash funds 100 percent dr UP or USD 100 million. The total cost can be obtained is 250 percent of the UP.

The advantage of insurance education include:

* Premiums are only paid for 10 years. After that free premium but children still receive education until completion.

* You can get the cost per stage of school education.

* When parents died when only paying premiums for three years, then the next non-pay premiums while the coverage will go ahead.

The disadvantage, UP obtained often can not cover the cost of education tend to be more expensive. In order to be covered, the participants had to increase the cost of premiums to be paid per year or per month....