Baby insurance, that is, children's insurance, is an insurance product specially designed for minor children, which is used to solve the expenses of education, entrepreneurship and marriage in the process of their growth, and to deal with the risks that children may face such as illness, disability and death. At present, the infant gene preservation project, which has attracted much attention, is also regarded as infant insurance, which preserves the original healthy genes in infancy and makes a backup for the health of children throughout their lives, and its value far exceeds that of infant insurance.
Neonatal insurance
Buying baby insurance for newborns is mainly from the aspects of health care and accidental medical treatment. Generally speaking, 30 days after the baby is born, you can buy insurance products for him, mainly including accident insurance, medical insurance, major illness insurance, education fund reserve insurance and so on. But the baby has a certain immune ability at birth and can resist most viruses. Generally, it is not easy to get sick within 6 months, so parents don't have to rush to buy insurance for their babies.
However, with the passage of time, babies are more prone to bumps, colds, fever, diarrhea and even pneumonia, so accidents and medical insurance are necessary. It is worth noting that the baby's medical insurance is divided into two types: one is the compensation type, with all the actual expenses as the upper limit of payment, and no secondary payment will be made. It is of little significance to buy multiple copies of this insurance at the same time; The other is the critical illness insurance paid according to the medical certificate. As long as it is confirmed that the baby does have diseases within the insurance coverage, the insurance company will pay the corresponding amount, which can be paid repeatedly or purchased in multiple copies.
Experts suggest that the order of buying insurance for babies should be accident insurance, medical insurance and children's critical illness insurance. On the basis of all these insurances, consider buying education insurance.
What insurance should a newborn baby buy?
Buy social security first, then commercial insurance, which can be bought 28 days after birth.
The baby's commercial insurance is divided into two parts, first buy basic protection and then consider the education fund.
First, basic security, serious illness, hospitalization, accidents, is very cheap.
1, accident insurance. Children are naturally active and curious, and stumbling is inevitable.
2, hospitalization insurance, the baby's immunity and resistance are not as good as adults, and those who have a cold and fever should be hospitalized.
3. critical illness insurance.
The second is the education fund planning. Divided into two parts, education fund savings and education fund protection.
1, saving means buying savings insurance or saving money, forcing yourself to save a sum of money for your children to go to school so that you don't have to pay tuition fees at ordinary times, which is necessary for people with weak self-discipline ability.
2. Education guarantee. Children's tuition is earned by parents, which means parents must be healthy and safe. Once you can't earn money, children have no money to spend. Therefore, they should buy insurance for themselves and designate their children as beneficiaries. When they can't make money because of the risk, the insurance company will lose money to the children, which is to protect them.
Don't buy the dividend insurance that guarantees you a lifetime return every year. That's not education insurance. Education fund insurance guarantees that you will receive money every year for four years until you graduate from college, and some will give you a wedding fund at the age of 25.
Matters needing attention in purchasing insurance
1, insurance order: adults first, children later.
In a family, parents are the mainstay of the family economy. Only when parents' health and stable economic income are guaranteed, the protection of children is not empty talk. The annual premium paid for children should not exceed that of parents. If you can't take care of both, you should give priority to adults.
Both husband and wife still have financial strength after purchasing appropriate insurance. They should first consider buying medical expenses and accident insurance for their children. If the economy permits, you can also consider taking out savings insurance and education savings insurance. Buying endowment insurance for children should be the last consideration. Of course, the earlier you buy, the lower the cost.
2. Payment period: not too long.
For insurance products purchased by parents for their children, the payment period can be concentrated before the child is underage. When he grows up, he can choose the insurance that suits him.
3. Warranty period: not too long.
It should be noted that as parents, children's insurance coverage does not need to be so high. The scientific method is to buy some accident insurance, medical insurance, children's critical illness insurance and education funds for children.
4. The insured amount shall not exceed the limit.
Children's insurance with death as the compensation condition, such as term life insurance and accident insurance, shall not exceed 65,438+10,000 yuan, and the excess shall be deemed invalid. The upper limit of insurance coverage is 654.38+10,000 yuan, which is a hard rule made by the CIRC to prevent moral hazard. Therefore, before you insure your child with child insurance, you must find out what protection your child has.
Don't forget to buy additional insurance.
During the contract period, if the insured has an accident or loses the ability to pay for any reason, the unpaid premium can be exempted, and the insurance protection for the insured is still effective. That is to say, the children's insurance with exemption clause of China Life Insurance Co., Ltd. will continue to be valid if the parents cannot continue to pay the premium for some reason.
Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.