Thursday, June 27, 2019

Is the education insurance used to guarantee the future of children?


Speaking of the importance of insurance, particularly for the sake of the liver, may be a priority for some parents. It is based on uncertainty that is certain to happen in the future, where we cannot foresee or know for certain what will happen in the future. While on the other hand, parents would want the best for their children, both in terms of educational needs, health, daily necessities, and so on. It is then the basis for many parents to use layered insurance that is expected to provide better protection against uncertainty for his child.

Image result for asuransi pendidikan

Education insurance is often used as one of the most accessible and appropriate investment products for the needs of children. Not infrequently the insurance is combined with several other insurance products such as parental insurance, insurance that directly join the education savings, or indeed education insurance that specifically addresses the problem of future education of the child.


Although it is often considered an appropriate form of insurance for children, in fact a form of education insurance that is purely to ensure the future of education of this child is rarely used in real life. The reason is quite logical and realistic. The value of investments paid by premium holders does not provide results that can compensate for the inflation rate of education costs. We know that the inflation of education costs every year has always increased dramatically so that the current premium holders are not actually able to match the surge in high education costs.

Precisely not exactly the selection of education insurance for children is a question that has a relative answer although it has been mentioned what is the reason why education insurance may not be the best option. There are some advantages that make education insurance worthy of parental consideration. The selection of education insurance can provide better tranquility for premium holders because the assurance of education of the child can be borne by the insurance. Parents are to deposit a certain premium for a specified period of time that has been agreed on the initial insurance agreement. If you wish to continue to use educational insurance services for the protection of your own, then you may think of what is the consideration? Let's see the following short review.

1. Know Your insurance company
There are several insurance companies that offer insurance services for various needs. Call it Manulife, Prudential, Zurich, ACA, and others. Each company also has a product that has been offered and not infrequently provides insurance services for other needs ranging from life insurance, property insurance, education insurance, and various other types of insurance. Perhaps one insurance company offers several types of insurance and this looks easier for you if you want to apply for the opening of insurance for some need to put your protection to the needs of the company.


Each insurance company has its own advantages and disadvantages. To choose a good insurance company, it does not hurt you to know, pay attention, and consider the following points that indicate that the insurance company you choose is a good insurance company.

  • Financial strength

Some benchmarks to assess the financial strength of an insurance company are (1) its assets and liabilities, (2) Underwriting Policy, and (3) its underwriters. Assets and liabilities can be seen from the balance sheet report. Usually this report is transparently delivered to the public through printed media. You can also see it from the side of the investment that is planted on short or long periods. Don't forget to see the liability or the company's ability to pay off debts or obligations.

To see underwriting policy, it is visible on the balance sheet or annual report that shows whether the insurance is still profitable or has a profit growth. While the underwriter can be seen from the company profile whether it has qualified personnel or not.

  • Power of Service

This side reflects the quality of labor that insurance companies have. Especially if the product that is offered is a service insurance, the main key is seen in the Prime service provided to the customers.

  • Cost

The one is obviously the most noticeable benchmark. If the company costs a much higher operational cost than the income gained, it is obvious that the company cannot manage itself much less is expected to survive for a long period of time. You can actually be exposed to the risks of the insurance company's people.

2. Adjust the premiums with finances
Although the second point suggests you not to impose, but there are calculations to choose the type of premium that you should deposit each month for a certain period of time. We know that the inflation cost of education in Indonesia can reach 15% annually. Currency inflation is still far below. Therefore, do not stingy in issuing funds to the premium. It's not a matter of cost, but you also need to take into consideration that you won't be helped by choosing the type of education insurance that's small. You will still be overwhelmed by the high cost inflation of education. Ideally to have education insurance, you pay around Rp 500,000 to Rp 1,000,000 per one child in each month.

3. Choose the police of a Flexible
We never know what will happen in the future. We also never know what needs to be needed by the fruit to support growing flowers and education. Changing the education system in this country demands that we are increasingly flexible in making decisions, as well as its influence on the selection of education insurance policy for your child. Some insurance companies stipulate that the policy must not be claimed at any time only at the specified time you can claim and this is not within a short period. Education insurance is definitely a long-term insurance that usually takes more than 5 years.

We therefore advise you to choose a flexible policy, which can be claimed at any time with the aim of fulfilling your child's educational needs that may be subjected to unexpected changes.

4. Availability of additional facilities
Already mentioned above that the type of education insurance is not only covered in the type of insurance that indeed 100% prioritize the function of protection against the insured education. But if you need to just check whether the education insurance you choose for your child turns out to be storing additional facilities such as health guarantees and other guarantees that could cut the amount of your insurance policy? If so, maybe you can consider it by rethinking whether the cost is being clipped enough and burdensome you? The answer is relative, according to your needs and circumstances. If you still decide to use education insurance with additional facilities that will clearly cut the amount of your policy, take back whether the policy deduction is too large or not.

Image result for asuransi pendidikan

Calculate appropriately and get benefits
A short review of this educational insurance selection is simply a supporter of your choosing the right education insurance to suit your needs and abilities. Education insurance may not be the best choice for you. Precisely not precisely depends on the circumstances of each family and what needs to be fulfilled. Although it is seen to ensure the education of the heart, you should pay attention to the weaknesses contained in education insurance, among others, education insurance can not equal the cost of education is quite high and tends to always Increase annually (even up to 15%).


Another drawback in education insurance is the flexibility of cash value can be withdrawn. As already mentioned, some insurance companies do not allow policyholders to claim funds at any time. This will obviously incriminated you in need of funds for a sudden time. Then another weakness that may arise related to educational insurance is the ' direction ' of the company to the customer to open another insurance with the excuse of more protection to the child, such as health insurance or other insurance. It can then be added in the pretext that the younger has insurance, the premium financing will be cheaper. It's true, but if you count, you're going to lose.

40 comments:

  1. Bagi saya pendidikan anak adalah hal yang utama.. Qt sebagai orang tua harus memberikan untuk anakpendidikan terbaik kita.

    ReplyDelete
  2. Thanks a lot :D

    super interesting post :)

    NEW TIPS POST | FOR A PERFECT BEARD! :O
    InstagramFacebook Official PageMiguel Gouveia / Blog Pieces Of Me :D

    ReplyDelete
  3. Good advice. Good day, from my heart.
    sinforosa

    ReplyDelete
  4. ottimi consigli per chi è alla prima esperienza :)

    ReplyDelete
    Replies
    1. thank you my friend...
      have a beautiful day :)

      Delete
  5. Interesting post dear! thanks for sharing, xx

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  6. Interesting post. Have a nice Day.

    ReplyDelete
  7. Hi, thanks for visiting my blog. By the way, very interesting post.

    Best regards

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  8. I am thinking about it for my son:)

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  9. wadowww...saya minder nih gan ,kalau main kesini, soalnya yg koment banyak bule,hehehe....trus saya ngak pandai menggunakan bahasa Inggris.

    tpi....Asuransi pendidikan itu penting..loh..✌😆.

    #CPC Blog ini bakal gede, soalnya blog niche asuransi,hihihi.

    ReplyDelete
    Replies
    1. saya juga gak pandai kak bahasa inggris, nie juga pakai bing translator bikin artikel bahasa inggrisnya hehehe

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  10. education insurance sounds great

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  11. wow keren ini blognya, semangat terus ya ngeblognya :)

    berhubung sekarang belum menikah, jadi belum berminat asuransi pendidikan anak. aku lebih suka investasi sih

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    Replies
    1. hehehehe makasih kak sudah berkunjung di blog saya

      Delete
  12. Hmmm piye piye wokwokwokowkowk
    Sepertinya saya juga diikutkan asuransi pendidikan sama ortu. Dan nanti kalo udah kawin n punya anak, sepertinya akan kuikutkan juga :D

    ReplyDelete
    Replies
    1. hehehehe.
      makasih kak sudah berkunjung di blog saya

      Delete
  13. i think the education is important because it can make us successfull in the future :D

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  14. Ciekawy post. Jest w nim dużo potrzebnych informacji :)

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  15. Very interesting post :).
    Greetings!

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  16. Very interesting blog.
    Have a nice day.

    ReplyDelete