You may want to just add your child to your existing life insurance policy for an additional premiums. A child rider would provide a small amount of life insurance (usually about $5,000 or $7,500) to your life insurance plan for a small additional premium.
Or, you could buy your child his/her own life insurance plan that may build cash value inside the policy over time.
In addition, a juvenile life insurance policy may guarantee your child the option of adding additional coverage to the policy when the child turns age 18 or 21.
Also, buying juvenile life insurance will guarantee your child life insurance coverage as an adult, even if your child develops a health problem.
It's actually easy to get a quote and apply for a juvenile life insurance policy online, and there's no medical examination required. And, it may only cost a few dollars a month.
Learn how you can buy juvenile life insurance online for your children today.