But the process to achieve this is not easy.
To get a bright future, of course education is one way
to achieve it.
Parents must send their children to the best schools.
However, of course the funds spent on good schools are
not small.
Education funds must be prepared as early as possible
so that parents do not get dizzy when the child starts school.
From level, kindergarten, elementary school, middle
school, high school, to college level
The need for costs is very large.
School fees are more expensive, because the increase
is higher than the Provincial Minimum Wage, which is only around 8-9 percent
each year.
Setting up education funds you can do in various ways,
such as opening education savings, education insurance, term savings, deposits,
or it can also be through investments.
But people are more likely to raise education funds
through education savings or education insurance.
Indonesian people are familiar with education savings.
Similar to term savings.
It's just a special use for children's education.
While education insurance is still rarely known,
because this product is different from education savings.
Insurance
Education Not Savings
When buying insurance products, you will be charged a
fixed premium every month.
Similar savings plan in a certain period of time,
where must deposit money every month.
But make no mistake, insurance education is not
education savings.
Generally, this education insurance is a unit link
insurance that includes investment in it.
How it works, your collected funds will be invested by
insurance companies into various investment instruments or portfolios that they
think are appropriate and profitable.
You can get benefits or benefits from the turnover of
these funds.
These benefits are included in the education insurance
benefits.
However, you need to know, there must be a risk in
investing.
Risk of loss or partial loss, even of your entire
insurance fund.
So, understand this well before applying for insurance
education.
Reasons
for the Importance of Educational Insurance
Even though it saves risk, education insurance can be
one alternative for you to prepare children's education costs that can reach
hundreds of millions, even billions dollar.
Here are 4 reasons for the importance of education
insurance for parents and children:
1.
Relieve the burden of education costs
Why is that?
Because the premium you pay each month can be
withdrawn when it's due.
Once a child wants to go to high school or go to
college, you don't have to worry anymore about the money.
Keep in mind, an education insurance product is
declared to be due when it is in accordance with the tenor or time period
specified at the beginning of the agreement.
If on the way, you are sick or die, this education
insurance can be disbursed according to the provisions of the applicable
policy.
Thus, your child's future is guaranteed.
You can feel calmer and can send your children to
school as high as possible without being hindered by expensive tuition fees.
2.
Help parents live frugally
Are you a wasteful parent?
It turns out that education insurance can guide you in
living frugally.
Because, you are required to pay a premium every month
to get the benefits of education insurance.
Of course, the amount of the premium is adjusted to
your financial ability when you apply for insurance.
You as a parent must set aside a minimum of 10-20
percent of income for these education costs.
If you want to walk disciplined, not premium arrears,
you must reduce your consumer lifestyle and control your appetite to avoid
waste.
3. As a place for investment
Education insurance is a combination of savings with
term life insurance. Funds will be a guarantee for children's education. It's
the same if you invest money in an education insurance product. Of course there
are benefits or returns on your investment. Instead of spending money on
unnecessary expenses, it's better to be diverted to child education insurance.
However, no one can guarantee whether this investment
will run successfully. It could be that the insurance company chose the wrong
investment instrument to rotate customer funds, so that instead of the benefits
you get, but even a big loss. These conditions will definitely have an impact
on the funds that you have invested. Therefore, make sure to choose the right
product and education insurance company.
4.
Offering other benefits beyond education
Some companies usually provide additional products
outside of insurance education. For example, additional premiums for health
insurance so that it can cover the health costs of children when they fall
sick, accident, or die. Promised also received compensation costs in large
quantities.
This benefit can be obtained if you take additional
products. Ready Funds, Current Education Education is very important for the
children's future. Do not sacrifice your children's education because of
limited funds. For that, start preparing from now on so as not to overburden
your finances in the future. If funds are available, the child's education goes
well to attend college.
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