Many parents purchase burial policies for their children.
Some of the leading child life insurance companies including Globe Life and Gerber make these plans available to parents as a way to provide financial security for your child’s future.
If your shopping for children’s life insurance for your child you may want to learn how the coverage works and the benefits of protection for your child.
Child life insurance is a type of permanent life insurance protection that insures the life of a minor for his or her entire lifetime.
It’s usually purchased to protect a family against the sudden and unexpected costs of a child’s funeral and burial costs. These plans build cash value over time inside the policy, from which a loan may be taken in the future.
Child whole life insurance burial policies can provide inexpensive and guaranteed lifetime life insurance protection for your child. Some plans start for only $2.17 per month.
Learn more about how to get burial life insurance policies for children.