Between 2002 and 2019, the accumulated educational inflation reached 162%, where parents who wish to plan the payment of their children’s university must consider the increase in prices and the cost of investing in university careers, which can exceed 1.4 million euros. pesos.
According to AXA’s executive vice president of health and life, Beltraldo Pini, one of the most viable options to mitigate the effect of inflation in long-term financial products are UDIs, particularly in savings or insurance schemes.
“What we encourage the most is the sale of UDI’s. In the last five years there has been an increase of 70% in new sales of UDI’s,” said the director.
According to the company, there is the possibility of making additional contributions in an insurance taken out in UDIs that will benefit from returns above inflation.
“It is one of the few instruments available that have monthly liquidity and generate real returns above inflation,” AXA explained.
In this sense, the firm recommended investing in life insurance in which you can save to pay for your children’s education with a vision for the future, where you can set goals to collect in 18 to 20 years.
AXA recalled that according to data from the Mexican Institute for Competitiveness (IMCO) and INEGI, the most expensive careers in Mexico in private schools are medicine, with a cost of 1.4 million pesos; It is followed by the food industry with 1.1 million pesos and communication and journalism with one million pesos.
However, they are careers with a low return on investment, so the impact that private education will have on the family budget must be considered.
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