There are several good reasons many parents buy life insurance for their children.
First, child life insurance can provide the money needed to pay for the burial, funeral, and final expenses for your child in case he passes away.
Also, a child life insurance plan may build cash value inside the life insurance policy over time from which your child may be able to take a loan in the future, if needed.
In addition, a child life insurance policy can guarantee your child has life insurance protection as an adult, even if his health changes.
And, your child may be guaranteed the option of buying additional life insurance protection when he becomes an adult, regardless of occupation or health.
Learn more about child life insurance protection and how it works. Child life insurance plans can start for as little as *$1 for the first month, and there's no health exam required.