What are the guarantee functions of education funds?

Hello, education insurance is insurance for the purpose of preparing education funds for children. Education insurance is a kind of saving insurance, which has both the function of compulsory saving and certain guarantee function.

Suppose a 0-year-old boy has street health insurance and his mother is 30 years old. As the insured, it is assumed that the payment is 8000 yuan/year and the payment period is 15 years. After the insurance contract comes into effect:

1, immediate personal protection 65438+ ten thousand,

2. Immediately have an annual reimbursement amount of unexpected medical expenses ranging from 100 yuan to 20,000 yuan (within the scope of social security reimbursement 100%), and guarantee to be 65 years old.

3. After a waiting period of 90 days, the first serious illness, after the diagnosis, pay 80,000 yuan (0-3 years old, 25%-75%).

4. Exemption function of the insured. During the payment period, if the insured suffers from serious illness, total disability or death, the premium will be exempted, which is equivalent to the insurance company paying the later premium, but the interest and education reserve will remain unchanged.

5. If the insured suffers from serious illness, the premium will be exempted after payment, and the insurance benefits will remain unchanged.

6. Education fund reserve: children can receive 7,000 yuan per year when they are in senior high school at 65,438+06-65,438+08, and 65,438+05,000 yuan as education supplement when they are in college at 65,438+09-22. At this time, there is still about 6,543,800+in the account (the mid-range demonstration interest rate, and the historical interest rate of Ping An is basically maintained at the mid-range interest rate). The money in the account can be reserved for children's future venture capital or pension. In the case of receiving high school and university education funds, there are still about 470,000 in the account at the age of 60 (mid-range demonstration interest rate).

Education insurance has an exemption function, which can complete the education fund reserve for children even if there are risks. Continue parents' love for their children.