Children’s Life Insurance:
Position your Child(ren) for Financial Success
What is Children’s Life Insurance?
Children’s life insurance is a policy that provides a death benefit if a child passes away. It can be a standalone policy or an add-on rider to a parent’s policy.
Benefits of Children’s Life Insurance
Guaranteed Insurability: Ensures that the child can get life insurance later in life, regardless of health changes.
Locked-in Premiums: Premiums are typically lower when the policy is purchased at a young age.
Cash Value: Whole life policies build cash value over time, which can be borrowed against or used for future expenses.