For instance, if a child is an actor or some form of entertainer, or earns some large amount of income his or her family relies on, the child may be able to buy a large amount of life insurance based on the amount of income.
However, if the child does not earn income, perhaps the life insurance company may limit the amount of life insurance available to around $30,000, which would help to pay for final expenses, burial, and funeral costs, etc.
Here's how you can learn about life insurance for children, review the benefits, and request a free quote.