Education insurance can be the best solution for parents who want their children to be able to complete their education to college. The reason is, the cost of education in Indonesia is increasing and there are many parents who find it difficult to pay these education costs directly.

Generally, education costs do not only include registration fees, but also practicum fees, uniform fees, building fees, and several other types of costs like this. Therefore, there are many people who say that to be able to send their children to college level, they will need quite a lot of money.

Maybe for some people who have an adequate financial life, this is not a difficult problem, but it is different for people who have less than adequate economic conditions. Of course they will need the right educational investment. In this case, we will share some tips for choosing insurance for children's education.

5 Tips for Choosing Education Insurance for Your Child's Future

Expensive education costs can feel cheaper if the funds have been collected well in advance. Therefore, there are many parents who are competing to save for their children's education in the future. However, what about parents who often find it difficult to save regularly?

For people who often find it difficult to save regularly for certain reasons, they can take advantage of the insurance that is now available. However, not all insurance products have good quality, so you have to choose them as best as possible using the tips below:

1. Create a Mature Education Plan
   Before carrying out several other important stages, you must first make a thorough educational plan for your child. Because, a thorough educational plan like this can make it easier for parents to determine which insurance product to choose.
   
   Several things that must be considered in this case are the choice of school to go to, the year of school entry, whether the location of the school is close to home, and so on. Apart from these things, of course the cost of education is the most important thing that every parent must consider.
   
   
2. Determine the Amount of Funds in Accordance with Educational Targets
   After making a thorough education plan for your child, you also need to make a budget plan that suits your needs. Before that, make sure to do research first regarding the educational costs that must be incurred at each level of education that your child will take.
   
   This is because the cost of education at each school will be different, depending on the quality of the school and the level of education chosen by the parents. This education fee does not only cover registration fees, but also includes uniform fees, building fees, administration fees and transportation costs.
   
   
3. Choose the Best Insurance Company Possible
   As time goes by, more and more insurance companies are emerging in Indonesia. Of course this can be an advantage and a disadvantage for some people. Because, the more insurance companies there are in Indonesia, the more difficult it is for parents to find and choose one of the best companies.
   
   Make sure the insurance company you choose has a good and trustworthy track record. Generally, professional insurance companies will have their own official websites that can be accessed by everyone. So, potential insurance company customers can see testimonials given by other customers via the official website.
   
   
4. Choose the Type of Insurance that Suits your Needs
   There are still some people who don't know that there are actually 2 types of insurance for children's education that every parent can choose, namely dual-purpose insurance and unit-link insurance. These two types of insurance have different advantages and characteristics, so you must choose the type of insurance that best suits your needs.
   
   The amount to be obtained from dual-purpose insurance is usually determined in the contract agreed upon by both parties. This is different from unit link insurance which has a more flexible amount, because the profits from this insurance will be distributed along with the child's school stage.
   
   
5. Find Out More About Additional Benefits from Insurance Products
   Usually, there are several insurance companies that offer additional benefits to their customers. Therefore, it is not only the main benefits of an insurance product that you need to know, but the additional benefits must also be known well. Some additional benefits that are worth considering are protection for life, health, and others.
   
   However, if the insurance product you choose meets the criteria for your child's education, there is no need to make these additional benefits a top priority. Because, the main function of this insurance is to guarantee the quality of children's education in the future.

With the increasing number of insurance products for children's education that Indonesian people can choose from, this makes it increasingly difficult for people to choose one of them. However, by following several tips such as making a thorough education plan, making a complete school budget plan, etc., you can more easily choose the best insurance product.

Still confused about choosing the best child education insurance product? Then you can try using insurance Blife Smart Solution from BNI.