Education insurance? These ambiguous terms.

insurance for education ???

Let us understand re-understanding:

Insurance = financial protection from unwanted risks, the timing is unpredictable, and it took a huge cost.

Education = no risk of unwanted and time can be known. The matter of cost, because it depends on the relative magnitude lifestyle (earning ability).

Education funds would need to be prepared. But not through insurance, but rather an investment.

Insurance and investment are two different things even contradictory.

Insurance aims to protect the money we have (from the unexpected things that can spend it).

Investments aimed at developing the money we have (for the sake of things that aspired in the future).

Examples of unexpected things that need insurance: hospitalization, critical illness, accident / disability, and death. Everything is not predictable: time and cost can not be known.

Examples of ideals in the future need to be prepared through investment: wedding, buy a house, buy a vehicle, recreation, children's education, retirement, travel worship. Everything can be planned: time and cost can be estimated.

So, distinguish them among insurers and investment. Insurance for protection, investment plans for your future.

Invest for your future, and at the same time insuring yourself.

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