Nowadays, many families with children will insured their children with the previous child insurance, because the insurance for the child is the sooner it is suitable for insurance. Let's take a look at the guidelines for purchasing child insurance.
The important information to be provided by the insurer is listed in the insurance contract as the basis for the insurer to cover the danger. For example, the name and address of the insured, the name of the insurance subject, the location of the insurance, the insurance period, the amount of the premium paid, and the guarantee or commitment of the insured to the danger.
That is, the insurance liability that the insurer should bear.
The insurer's responsibility shall be appropriately modified or restricted, and the insurer shall not be liable for the losses caused by the danger of exclusion.
That is, the obligations of the parties to the contract to fulfill their rights, such as the liability of the insured after the accident, the time limit for applying for a claim, the exercise of the subrogation right, the change, transfer, cancellation, and compensation options of the policy.
Such as the settlement of the terms of the dispute, the statute of limitations and so on.
First, protect the child after the adult. In insurance, priority is given to insuring children, but the adults themselves are ignored. This is the most serious misunderstanding. Adults are the economic backbone of the family and the best "protective umbrella" for children. If you only buy insurance for your child, but the adult does not buy it yourself, then the family is likely to be in trouble when an adult accident occurs.
Second, the payment period does not have to be too long. You can concentrate on the child before he is a minor, and after he grows up, he can choose his own suitable insurance for his own insurance, but the protection period is relatively long.