Showing posts with label Student Insurance. Show all posts
Showing posts with label Student Insurance. Show all posts

Confused in Choosing Education Insurance

3:31 PM  ,  No comments

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Confused in Choosing Education Insurance

This is only a sample only and do not constitute a recommendation or solicitation to invest for everyone. Every person has a risk profile that is different, do investments in accordance with the risk profile, objectives, and your financial period.

Investing in the stock market and other investment products are at risk, whether the risk of a decrease in investment funds or lose money on your investment. The results of past investments is not fixed and is not a guarantee to achieve the investment in the future. Prospective investors are expected to learn financial products and investment carefully before investing.

Insurance is a way of transferring a risk on a financial loss. For Insurance Education itself can be categorized as endowment insurance (universal life).

Before I discuss about the insurance education, it is good we first equate our perception of the children's education fund.

There are two basic goals when we want to educate our children in an educational institution, namely:

1 Maintenance intellectual aspect, which also includes aspects of physical, mental, heart, emotional and spiritual

2 Maintenance of the best aspects of our descendants.

For that there are three principles that need to be held before deciding to take out insurance or investment education, namely:

1 is the first school house (the first school at home) and parents are the primary teachers (the first teacher is family)
This means that no matter how great a school, can not replace the role of parents, home and environment in which the children live. In addition to quantity, the quality of the interaction (quality of time) between the family and the child will be more leverage in becoming a true learner.
From the aspect of financial motivation, it will reduce the costs of your child's education such costs and expenses extracurricular tutoring

2 Education is a long-term investment world and the hereafter, not a cost
If the average inflation of 15 percent of education will inevitably and like it or not, you have to budget for the education budget every year, and this has become a sort of primary requirement.
From the perspective of the provider of insurance education, insurance education has to be provided from your child that will be born can be felt up to PT (Higher Education).

3 Knowing the total expenditures for the candidate of your child's school
This is where the need for research on the costs of various schools with various strata in your city.
These costs include:
a. Money base, it would be better if you can ask for discounts or scholarships from the school can you go
b. SPP, always be on time and avoid fines or penalties
c. Transport, look for the location of a school that is close to your home so no transportation costs. Even if there are costs, allocate funds for car pooling or pick up a friend alternately with your child's school or your nearest neighbor. It could also hire a motorcycle taxi for the monthly shuttle from home to school
d. The books, for books can be borrowed from the seniors or neighbors who had already entered or can be downloaded from the eBook are provided by the government through the Department of Education
e. Extra-curricular, extracurricular choose the talent and passion of the child, and hopefully produce such writing, KIR / Scientific Teens, EO / Event Organizer and forth


Once we know the 3 principles that need to be held before deciding to take out insurance or investment education, then it is advisable to first listen to the following facts:

1 Do not get caught or ingested insurance jargon as "definite benefit in certain years"
Make sure what is advertised in accordance with the fact
2 Insurance companies generally set unilaterally the yield rate of the savings element, you need to know how the actual yield of the
3. you save in insurance policy, but it is not flexible in taking YOUR OWN MONEY
4. must provide benefits, but has NOT SURE benefits enough to pay for your child's education.


Now related to your question, "I am planning to buy insurance education my child who is now 4 years old, but I am confused to choose the insurance provider that is where a good education."

We first see approximately how much it costs, to enter elementary school in Jakarta Plus National average tuition USD 50 million with a duration of approximately 6 years of education funding needs Rp 100 million.

National junior high tuition plus the USD 40 million with a duration of approximately 3 years of education funding needs Rp 186 million. for the national high school plus the entrance fee of Rp 40 million with a duration of approximately 3 years of education funding needs Rp 283 million.
Not to mention for the cost of the PT (Higher Education) 18 years later.

You add live, how the actual total cost of education for your child!

If the above is quite burdensome costs, you can lower the cost by entering into public schools public or private.
My question is, how much premium you pay to your child's school can comfortably?

Compare if your child's education fund, you invest directly in the mix of instruments such as mutual funds or mutual fund shares (for long term)!

Here I give tips on choosing an insurance provider education, namely:

1 The decision entirely in your hands. You are purchasing insurance products according to the needs of your child.
For that seek bona fide insurance company and reliable with a track record of disbursement claims easily and quickly.
You must be automated survey by coming directly to the office of the insurance company.

2 Make sure the programs offered by the promised benefits, COMPATIBLE.
The way insurance checks to participants beforehand participate (meaning the value of the insurance savings should be in accordance with the cost of the child's prospective school)

3 good professional agent certainly has AAJI card (Indonesian Life Insurance Association).
For his company, if including insurance companies listed on AASI syariah.maka (Islamic Insurance Association of Indonesia) where the Islamic insurance companies supervised by DPS / Sharia Supervisory Board.
A good agent, will provide the company with a plus or minus other insurance companies objectively

4 Agreement must be clearly signed.
Contract between you and the insurance company must be easy to read, understand features including benefits, process claims, and other illustrations.
And no less important is the flexibility Our funds withdrawal.

Congratulations to prepare your child's education fund


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Tips for Choosing the Right Education Insurance

3:20 PM  ,  3 comments

http://insurance-quote-s.blogspot.com/Tips for Choosing the Right Education Insurance

Children are a precious treasure for parents, so they always try to give my best for the child. Of course the problem child's education is a major concern for parents. Meanwhile, the fact that education costs always increase over time. In response to this, the education of children should be well planned early on to ensure the child's school fees.

Insurance education is a wise solution for it, you do not need to hassle with the cost of attending school or college children in the future. Then, using the education insurance occurs when a current plight yourself against yourself, but education can still continue. Of course before deciding to choose insurance there are a few things you need to do them:

Learn insurance agent first. An important step that you should do when trying to choose an insurance agent is to study the company's first. You need to find out the reputation of the company by doing a search in Google search engine. After finding out and started to believe on the insurance company, then the company go directly to inquire Rice-Based Capital (RBC) in related parties. Basically healthy RBC in the percentage of 200%, while its minimum RBC was 120%. The term insurance is the number of RBC in the capital that must be guaranteed by an insurer to the government in terms of the ability of customers to pay insurance claims.

Calculate the education budget in detail. The next thing you should do is to calculate in detail the cost of educating a child in the future. Starting from where one day you will send the baby and calculate the cost of school today. Then, calculate the cost of education when your child entered school using the Time Value of Money. Remember that the rate of increase of inflation in Indonesia within the last 15 years ranging from 12% -15%, while the cost of education will rise 20% to 25%. So the percentage-percentage is also important to be taken into account. Thus, you will know how much education costs incurred later.

Comparing premiums to the value of savings. Next, it's time you compare the premium with the value of saving. As we know that the premium is a sum of money that must be paid to the insurance company every month or year. Choose the insurance premiums you can afford, do not because they can not pay your policy premium must be stopped in the middle of the road. After that, try to compare with the value of education savings to be withdrawn in time. That way you will know whether the funds from the exit will be sufficient future cost of your child's education.

Flexible in withdrawal of money. Things you need to consider further is the issue of withdrawal of funds. Choose a flexible policy in penarikakan because there are companies that can not be withdrawn before the specified time. Will be troublesome if your child follows the accelerated classes and go to the next level more quickly than it should.

Consider additional facilities. If you are using insurance as a guarantor of educational baby, the focus for it. Many insurance packages offer other facilities such as health care, critical illness and others. So, you do not need to be tempted by the offer. Because it could be it could affect the amount of your savings. However, if you have more funds, is fine if you want to use additional facilities.

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How to Select Education Insurance

3:17 PM  ,  No comments

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How to Select Education Insurance

In addition to saving money in the bank for the purpose of funding a child's education, parents can also consider purchasing insurance for education. When compared with the savings in banks, insurance education clearly more advantageous because the interest is itself larger than the regular savings, which average about 15% per year.

Are you interested in purchasing this insurance product to guarantee the education costs of your baby? If so, it is better to follow the way of choosing insurance education below:
Know your insurance company

In Indonesia, there are several insurance companies that provide insurance product education. Call it the 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 questions directly to the customer service available.

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 premium to be paid, you are strongly advised not to choose an insurance premium in small amounts. Why? Because the inflation rate in Indonesia in recent years by 12% to 15% with the increase of tuition fees by 20% to 25% each year. Therefore, if your premiums low, it is possible that you can not meet the cost of educating a child in the future. Ideally, insurance premiums per month ranged from Rp 500,000 to Rp. 800,000.
Choose a policy that is flexible

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

Usually the additional facility of education is the guarantee of health insurance in the form of compensation cost of medical care in the hospital. You may consider this facility if you also need to guarantee the child's health costs. But, make sure that the additional facility is not cut too much the number of child education insurance policy in order to keep sufficient funds for education.


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