Yes, parents can buy life insurance plans for their children, and some of the leading providers of child life insurance policies are Globe Life and Gerber Life, among others.
With child life insurance you may buy coverage for your children and guarantee they have protection as adults. Some plans even guarantee your child has the option to increase the amount of coverage when reaches adulthood, even if your child has developed a health issue.
In addition, child life insurance policies may build up cash value from which a loan may be taken.
Child whole life insurance coverage guarantees lifetime protection for your children.
Compare children life insurance policies online.