Life insurance for children is generally purchased to buy future "guaranteed insurability" while they're young and healthy.
Child life insurance plans are also purchased as a savings plan for your child's college education and to supplement their future retirement.
But life insurance for children can be purchased for final expenses in the event of your child's death.
It's important to note that life insurance companies will want to see some life insurance coverage on the parents who are buying the child life insurance, as an indicator of the buyers to protect the child.
Here's how you can buy child life insurance coverage starting for just $1.
Child life insurance plans are also purchased as a savings plan for your child's college education and to supplement their future retirement.
But life insurance for children can be purchased for final expenses in the event of your child's death.
It's important to note that life insurance companies will want to see some life insurance coverage on the parents who are buying the child life insurance, as an indicator of the buyers to protect the child.
Here's how you can buy child life insurance coverage starting for just $1.
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