Tips On Choosing Insurance Education
Children are a precious treasure for parents, so they always
try to do my best for the child. Of course, the education of children is a
major concern for parents. Meanwhile, the fact that education costs always
increase over time. In response, the education of children should be well
planned from the outset to ensure tuition of the child.
Education
insurance is a wise solution for this, you do not need to argue with the
cost of attending school or college kids in the future. Then, with the
assurance of education if an accident occurred while befall you, but education
can still continue. Of course, before you decide to choose
insurance there are several things you must do:
Learn an insurance
agent first.
Important step you need to do when trying to choose an insurance
agent is to learn to do these companies first. You need to find the
company's reputation by doing a search on Google search engine. Having
discovered and started to believe in the insurance
company, the company went directly to inquire rice Capital (RBC) in related
parties. Basically, in good health RBC percentage of 200%, while the minimum RBC
was 120%. The term RBC Insurance is the amount of capital that must be
guaranteed by the insurance company for the government in terms of the ability
of customers to pay insurance
claims.
Calculate the
education budget in detail.
The next thing you need to do is calculate in detail the
cost of educating a child in the future. Start where you send the latest baby
and counting the cost of school today. Then, count the cost of education when
your child goes to school with the time value of money. Remember that the
inflation rate in Indonesia over the past 15 years, ranging from 12% to 15%,
while the cost of education will increase from 20% to 25%. So the percentage percentage
is also important to consider. So you know how much tuition fees incurred
after.
Comparison of
premiums to the value of savings.
Then it is time to compare the premium to the value of
savings. As we know that the premium is the amount of funds to be paid to the
insurance company each month or year. Choose the insurance premiums that you
can afford, do not because they can not pay your insurance premium must be
stopped in the middle of the road. After that, try to compare with the value of
the savings to be removed in time. This way you will know if the funds of the
output will be sufficient future cost of your child's education.
Flexible withdraw
money.
Things you need to consider next is a matter of withdrawal.
Choose a flexible policy penarikakan because there are companies that can not
be removed before the specified time. Would be embarrassing if your child is
accelerated and go to the next level faster than expected progress.
Consider additional
facilities.
If you are using insurance as a guarantor of educational
baby, then focus on it. Many insurance plans offer other services such as
health care, critical illness and others. So you do not need to be tempted by
the offer. Because it can so it can affect the amount of your savings. However,
if you have more money, great if you want to use additional facilities.
Keyword: tips of choose insurance education, insurance education children,
choose insurance.