Get Life Insurance - What do parents need to know?

Choosing life insurance for a baby is a parental affliction, so just read the 4 following notes that parents can easily choose to buy their child the best life insurance policy. .
It is good if your parents prepare you financially when you plan to have a baby. Talking about choosing insurance products for children is also a problem that many parents wonder, here are some tips and notes for parents when choosing to buy insurance for children?

Life insurance should be chosen because the child has health insurance and child life insurance is to protect the risk, is to set up children's education fund when the children go to college and graduation. set up a business Here are four things that parents need to pay attention when choosing to buy life insurance for their children 1. Aging age Referring to life insurance, it is always a good idea to mention: The sooner you join the insurance, the cheaper. It's correct. When buying life insurance for children, buy when the baby is in the womb is the best or soon after birth. Currently there are a lot of insurance products for children from the womb, most recently Generali Vietnam new eye products New baby protection for children in the womb, children are protected to 85 years and 8 years, 12 years or 15 years flexible payment. Generali Vietnam also has a product called Bao An Thanh Dat (for fetuses from 6 weeks of age) with many benefits, especially for the mother in the unfortunate condition. Birth complications (during pregnancy and childbirth) ): 10% premium. In addition, life insurance products for children to participate as early as Bao An Khang of PVI Sun life for children from 30 days to protect customers up to 4 times ahead listing up to 42 Diseases along with dangerous Financial benefits exceed the age of 75 with a Premium Payment Period of only 10 years or 15 years. Life insurance for children from 0 - 15 years old with a combined financial solution "insurance" and "financial accumulation", the child has just been gifted business career, protected financial, timely sharing when the risk for children, parents and medium are simultaneously enjoyed the savings and investment. There is also the Dai-ichi Life Vietnam Education for children from 0 years, American Safety BIDV MetLife for children from 5 years old. 2. Family Finance As long as the insured is a long-term participant, as a full-time member of the family, the parent should be entitled to a package with a fee that is consistent with the income of the parent. family (about 10% of family income). 3. Face value protection Depending on the future plan that parents want to give their children, you should choose the insurance package with the amount of insurance you want after a specified period. Currently the amount of insurance that parents usually choose for children is 200-300 million or 500 million .... And still important is the amount that must be matched with current income to be able to pay premiums in the long run. 4. Select life insurance products associated with education Understanding the market demand, insurance companies have launched life insurance products linked with international universities at home and abroad. These programs are suitable for parents who want to study abroad in USA, UK, Australia ... or study in the country. The life insurance company will help you complete all the paperwork, procedures, financial proofs ... which are very cumbersome and time consuming and also have their own privileges. Today, these combined life insurance packages are very popular because they will be learned and developed in a professional and dynamic environment that will discover and promote the potential of your child. . The most typical are Dai-ichi Life Vietnam in cooperation with the International University System. Accordingly, customers participating in An Phuc Hung Thinh Insurance and meet the conditions under the program will receive a certificate of entitlement to study in the US for their children. An Phuc Hung Thinh with US Priority Student Enrollment will be an optimal financial solution to help you make your child's dream come true, providing you with an effective financial savings plan. Set up an education fund for your children and protect the finances of the breadwinner from the unexpected risks that may occur in life. In addition, the Certificate of Priority for International Student Enrollment in the United States will be a passport for your child's confidence in the future.