How to Choose Insurance Product

In addition to saving money in the bank for the purpose of funding the education of children, the elderly parents can also consider buying insurance education. When compared with the savings in banks, insurance education clearly more advantageous because the interest alone is greater than regular savings , which average about V - day per year .Are you interested in purchasing this insurance product to guarantee the cost of education for your baby ? If so , it is better to follow the way of choosing insurance education below : 

Know your insurance company 

In Indonesia, there are some insurance companies providing insurance product education. Call it prudential, Allianz, Bumi Putera Insurance, Manulife, and so forth. Before you decide to choose one of these companies, you are strongly advised to get to know the insurance company first so you know its quality. To obtain information about the company , visit the official site and ask the client directly to the educational service provided . 

Customize premium to the cost of educating a child in the future 

Although the insurance company gives you the complete freedom to determine the amount of the premium will be paid education, you are strongly advised not to choose an insurance premium in small amounts. Why ? Because the inflation rate in Indonesia in recent years amounted to twelve -tone music until V - day with an increase of 2 hundredth the cost of education to the twenty fifth year. Therefore, if your premiums low, it is possible that you can not meet the cost of educating a child in education will come in future . Ideally, insurance premiums per month ranged from Rp five hundred.000 to Rp . 800,000 . 

Choose a flexible education policy 

Some insurance companies do not allow the insured to take out an insurance policy if it has not reached a certain period . This is fine , but it is better to choose an insurance company education allows you to choose flexible education policy . This means that the insurance policy you can take any appropriate educational needs of children . 

Check the additional facilities 

Usually the additional facilities of education insurance education is a form of health insurance indemnity costs of medical care in the hospital . You should consider this only if you also need a guarantee charge of child health . But , make sure that this additional facility is not cut too much the number of child education insurance policy in order to keep sufficient funds for education .