Life Insurance

What is child life insurance?

 

Child life insurance is life insurance coverage on the life of your child. It's pays out a death benefit if your child should pass away.

 

Why do parents buy life insurance on their children?

 

Child life insurance plans provide gauranteed permanent life insurance protection for your child's entire life, at low rates.

 

Life insurance plans for children can build cash value over time, from which your child may take a future loan, if needed.

 

And, your child is guaranteed life insurance as an adult, even if he or she develops a health problem.

 

In addition, some child life insurance policies allow your child to add additional coverage when reaching adulthood, without having to ake a health exam to prove insurability.

 

Learn more about child life insurance