Insurance Education

Having children is the most important things in your life, so you should have your child plan for the future since he has not even come into the world....^^

Insurance Education  is One thing that you should prepare for the future of your children is education, and education insurance (which you need some tips on choosing insurance education) is one of the things that can help you deal with your child's education expenses. Education costs are rising up from day to day. You remember how much your school costs when you are still elementary school, junior high school, or college; you compare the cost of school at the time and costs entered elementary school at this time. Perhaps, the number of lifetime cost of your education is much cheaper than the cost of entry primary school, junior high or high school your child at the time.

Therefore, insurance education is the only insurance that can save you from the financial cost of education is increasingly rising. Because out there there are many types of insurance education and insurance companies that offer insurance, you may need some tips on choosing insurance education. With tips on choosing insurance education, you will not go wrong in choosing the type of insurance education and insurance companies. With some 1 (to be described by this article), you would know the correct type of insurance suitable for your education, as well as the right insurance company and trusted. In fact, you need some tips on choosing insurance education and choosing an insurance company, because there may be hundreds of insurance companies out there, and not all offer good service and reasonable prices.

Here are some tips on choosing insurance education you should apply, so you make the right decisions about insurance suitable education for your child; you'll also get to choose the right insurance company of the following tips on choosing insurance this education. Tips on choosing the first education insurance is that you must determine the length of your child's education, which was key in choosing the type of insurance education. There are various types of insurance that you can choose education, education and insurance type was classified according to the planned period of education will be pursued. Once you have established a period of your child's education, tips on selecting the next education insurance is that you have to find a good insurance company and can be trusted.

Almost all the tips on choosing insurance education will mention that the company's insurance provider will determine the quality of education and education of insurance services that will earn you and your child. The tips on choosing insurance education and insurance companies is that you should look for references to reliable insurance companies, which will be found in educational magazines, articles education insurance, and other sources. Finally, tips on choosing insurance education you should apply are set aside some monthly expenses to pay for insurance your child's education. Actually, you can get many other tips on choosing insurance education in cyberspace, because there are many insurance companies online that provide reviews, so you know the right insurance suitable education for your child's future

7 Reasons to Choose Insurance Islamic Education

Prepare for the future of education your baby with the planning of education funding through the insurance fund Islamic education. Why Islamic education insurance?

Here are some reasons why we should choose Islamic education insurance :

• Illustration Takaful sufficiently detailed and transparent, so as to provide confidence and clear information to prospective customers how the funds are managed, including all costs and benefits to be received.

• Cash savings are substantial participants in the first year because of Takaful wearing only a small management fee.

• There are no additional costs or deductions other than those already mentioned in the illustration of any condition participants would be, for example, breaking a contract in the first year.

• Takaful carefully managed and supervised by the supervisory board of management of sharia. There are no management activities that contain usury, gambling, and so on.

• If the participant dies destined, then heirs (wife / husband and children) not only gets the sum assured, but also the stages of school funding and scholarships each year from kindergarten to college.

• There is a premium-free period. Participants do not need to continue to pay premiums, but the child will still receive the scholarship while in college.

• Takaful Agents trustful and professional as possible will give good service because it does not solely work for material gain, but well worth the worship.

The reason why the claim is not paid

Below there are several reasons why an insurance claim is paid :

• Not included in clause (contract), for example: accidental death, but in fact the customer died of natural causes dies then the claim will not be paid
• Included in the exceptions, for example: some types of cancers such as skin cancer, prostate, etc. (each insurance company sets different types of cancer that can not be claimed. Or die for committing the crime, was also included in the exceptions
• Existing disease, if the diagnosis is known that the claim is filed due to illnesses that existed before the policy applies and is not listed in the policy, then the claim is not paid.
• The document is incomplete. Completeness of the documents required when a claim such as: medical certificate, the letter claims from customers themselves. Lack of any one document then the claim will not be paid.
• Still in the waiting period. Several types of claims such as critical illness, the hospital requires a waiting period (time after sunrise policy) between 30-365 days. If the disease that claimed the waiting period included in the claim not being paid.
• Policyholders in a state of lapse. Lapse, which means the policy is not active yet because of unpaid premiums due the insurance company will not pay claims filed.
• Claims filed later than the time specified. Usually, insurance companies set a deadline for claims between 30-60 days, later the claim would not be served.
• Claims filed due to the customer to commit a crime. For example: admission because he was beaten while stealing mass.
• Crime insurance, for example: accidentally cut his own finger to get reimbursement. Or heirs who commit crimes against the insured claims that considering the amount of money will be obtained.
• Being outside the contract territory. For example: in a written contract all the events that occurred in Indonesia, but in fact there are events outside of Indonesia then the claim will be rejected.

Seeing the many reasons for unpaid insurance claims, it is important for policyholders to study the contract carefully because every life insurance companies have different asuransi.

5 Step to Prepare Education Insurance

The cost of education today is becoming increasingly large. Therefore, education funding should be prepared well in advance rather than when a child going to school.
Families who already understand the family expenses and have usually been prepared financial planning education funding since the child was born.

 

There are a number of stages in preparing the education budget.

• First, determine the child's school. Families should know clearly the desired education for the children and adapted to the child's ability. Family can not force children to attend schools far above the standard value is the child's ability.
• Second, calculate the cost required for the education of children. Families should gather information on the costs required for the education of children. The fee includes tuition, cost of development, recreation fees, cost of books, as well as other costs.Inflation and interest rate
• Third, determine the inflation rate from now until the child goes to school even when the children were educated in the school. The inflation rate can be calculated using the current inflation rate assumption. When inflation is now too small, the estimated inflation rates must be raised. If this year we have 5 percent inflation, the family should raise the inflation rate around 6 percent to 7 percent.The government itself has a corresponding inflation expectations, moderate, and worst. Families also can ask the research institution or agency that issued the inflation, such as the Central Bureau of Statistics or economic experts, in order to get inflation numbers are valid and reliable for estimating the future.
• Fourth, do the calculations to the interest rate applicable in the future. Interest rates are predicted in the future can not be separated from the estimated inflation rate. The interest rate is a reflection of the prevailing inflation rate. Therefore, families must obtain a desired real interest rate the government every year. If the real interest rate that you want the government about 1 percent to 2 percent, as now, the prevailing interest rate is the result of the real interest rate with inflation. When inflation is 7 percent, interest rate of 8 percent to 9 percent.
• Fifth, determine the amount of savings made. When the funds needed have been determined and the amount of time to get to school children, the family can determine the amount of savings each month. For example, families need a fund of Rp 75 million, of which these funds are needed the next five years or 60 months, then the funds should be set aside from the family monthly income of Rp 1.25 million. That is, funds amounting to Rp 1.25 million savings is kept under the pillow, have not been bred through investment. When families make an investment, funds set aside will be smaller and very good when longer investing.

In the conduct of investment options, families can invest their own or place them on the investment manager and also combine it with insurance. When used its own investment, the investor requires knowledge of the investment and takes time. When deposited, the family must get the information more widely, both interest rates and banking conditions are concerned. All actions the family must contain risk and should be understood.

Insurance education
When families choose education insurance, it must realize that in addition to paying insurance premiums, the family also invested. Useful insurance premiums to pay for education expenses if the family could no longer pay the mortgage investment. This inability may be due to the insurer the premium can not work or died.

When families take out insurance, family expenditures for education fund savings will be greater. On the other hand, the family does not have a headache thinking about investments that will be done to achieve the desired educational funds. Future risks have been transferred to the family through the payment of insurance premiums. However, insurance is not required if the family know the exact health and uncertainty in the future. Families should know exactly the family's ability to be able to provide the education fund.

As described previously, in preparing this education fund, the family would face the risk, both risk tightening family expenses, investment risks, and risks the fund needs to swell because of the situation. Families must prepare themselves to face these risks by carefully watching the education fund.