t’s even more advantageous for your child to be insured at a young age, because once the child life insurance policy is issued, it begins accruing a cash value from which you can borrow.
Also, children are not required to take a medical exam with most insurance carriers. Parents simply complete questions about the child’s health history within the application.
Child life insurance can build cash value, provide guaranteed lifetime coverage, guaranteed level premiums, and offer additional coverage with no health exam required when your child reaches age 18 or 21.
Here's how to get life insurance for your children