Often we are confused what the difference between education and insurance savings for education.
In short, a savings / insurance is good. The idea is that while we can still production, which may enable us to live our financial planning in the future. Since nobody knows what might happen tomorrow.
education insurance and education savings is essentially the same function, which is an investment in future education costs mencukup preparedness. To arrive in time for their children to school or university, you should not worry to think that the cost of an adequate education.
Although the same effect, but education and insurance savings for education have different properties. And to determine what is best, we need to see which course is most suitable for implementation. Insurance is the safest investment in education for education, while education is an investment and savings account for education, which are covered by insurance.
First, jump in early education. Education savings accounts is a specially designed savings bank, when a regular customer and automatically saved into an account is given a certain time to meet the timeline for teaching children. Since resources are blocked, usually the bank will provide a return on investment is relatively higher than normal savings accounts. You could say that this product is a combination of savings and deposits, called the savings and deposits made since setorannya gradually blocked for certain periods of time.
Although some time, but parents can withdraw, while the time savings. Of course, the same warehouse will be charged. We suggest that this is not done, except for emergencies.
Besides being a means of investment, savings, education comes with insurance. This means that if a family head dies and can not save for their children's education, savings deposit insurance will replace. Without re-save the costs of children continue to be met.
The insurance education. Because, in essence, an insurance product, life insurance, rather, is, in fact, insurance education is not much different from other forms of life. This is a program that will benefit your family when there is risk of death. Benefit received is generally the rate and return on investment for education costs. But if there is a risk of death, insurance offers a range of other scholarships that are not derived from its investments in the form of prizes already paid.
If a safe product, then surely this investment can be withdrawn at any time. This new investment can be diluted with two conditions. First, that is when they are due, and the second question is whether there is a risk of death. The duration can be arranged and adapted for children's education for children adapt to school, in cash.
Usually the result of investments in insurance education is relatively high compared with education savings accounts. But insurance can not be flexible savings accounts, if you want to stop midway, had to wait until about three years can be exchanged for cash value. And the process is complicated and usually takes more than education savings accounts.
On the characteristics of both is also concluded that education is an investment in the short and medium term savings, insurance and training is a form of long-term investment.
But what worries some people is when they are affected, while the family still depends on us? What happens if we can put aside their income? Very dangerous when saving routine, specially prepared for them, in fact, forced by our poor. You can also themselves, which ultimately should continue to save, not because, as the original purpose for the good they even threatened to call. Then, as your future?
Thus, we conclude that we are actually (a product), a solution generally requires
1. We can save money with their objectives ²
2. If / accidental / unwanted things, these deposits are safe, the objective of saving money and equipment to arrive.
The question is where this program? Financial institutions / banks or insurance companies? You can meet and find appropriate solutions that will benefit depending on your preferences.
In short, a savings / insurance is good. The idea is that while we can still production, which may enable us to live our financial planning in the future. Since nobody knows what might happen tomorrow.
education insurance and education savings is essentially the same function, which is an investment in future education costs mencukup preparedness. To arrive in time for their children to school or university, you should not worry to think that the cost of an adequate education.
Although the same effect, but education and insurance savings for education have different properties. And to determine what is best, we need to see which course is most suitable for implementation. Insurance is the safest investment in education for education, while education is an investment and savings account for education, which are covered by insurance.
First, jump in early education. Education savings accounts is a specially designed savings bank, when a regular customer and automatically saved into an account is given a certain time to meet the timeline for teaching children. Since resources are blocked, usually the bank will provide a return on investment is relatively higher than normal savings accounts. You could say that this product is a combination of savings and deposits, called the savings and deposits made since setorannya gradually blocked for certain periods of time.
Although some time, but parents can withdraw, while the time savings. Of course, the same warehouse will be charged. We suggest that this is not done, except for emergencies.
Besides being a means of investment, savings, education comes with insurance. This means that if a family head dies and can not save for their children's education, savings deposit insurance will replace. Without re-save the costs of children continue to be met.
The insurance education. Because, in essence, an insurance product, life insurance, rather, is, in fact, insurance education is not much different from other forms of life. This is a program that will benefit your family when there is risk of death. Benefit received is generally the rate and return on investment for education costs. But if there is a risk of death, insurance offers a range of other scholarships that are not derived from its investments in the form of prizes already paid.
If a safe product, then surely this investment can be withdrawn at any time. This new investment can be diluted with two conditions. First, that is when they are due, and the second question is whether there is a risk of death. The duration can be arranged and adapted for children's education for children adapt to school, in cash.
Usually the result of investments in insurance education is relatively high compared with education savings accounts. But insurance can not be flexible savings accounts, if you want to stop midway, had to wait until about three years can be exchanged for cash value. And the process is complicated and usually takes more than education savings accounts.
On the characteristics of both is also concluded that education is an investment in the short and medium term savings, insurance and training is a form of long-term investment.
But what worries some people is when they are affected, while the family still depends on us? What happens if we can put aside their income? Very dangerous when saving routine, specially prepared for them, in fact, forced by our poor. You can also themselves, which ultimately should continue to save, not because, as the original purpose for the good they even threatened to call. Then, as your future?
Thus, we conclude that we are actually (a product), a solution generally requires
1. We can save money with their objectives ²
2. If / accidental / unwanted things, these deposits are safe, the objective of saving money and equipment to arrive.
The question is where this program? Financial institutions / banks or insurance companies? You can meet and find appropriate solutions that will benefit depending on your preferences.