That answer depends on the life insurance company and what income if any the child earns.
Usually, a person may own life insurance in an amount equal to several times the income of the person.
However, since most children do not work, they may only need a small amount of life insurance to help provide for final expenses, such as, their burial, funeral and related costs.
Some life insurance companies offer up to $30,000 or more for child life insurance coverage. And, when the child turns 18 or 21, the child may be able to increase their amount of life insurance protection.
Here's how you can learn about Globe Childrens Life Insurance and find out how you may be able to buy up to $30,000 of life insurance for your child without any medical exam.
Usually, a person may own life insurance in an amount equal to several times the income of the person.
However, since most children do not work, they may only need a small amount of life insurance to help provide for final expenses, such as, their burial, funeral and related costs.
Some life insurance companies offer up to $30,000 or more for child life insurance coverage. And, when the child turns 18 or 21, the child may be able to increase their amount of life insurance protection.
Here's how you can learn about Globe Childrens Life Insurance and find out how you may be able to buy up to $30,000 of life insurance for your child without any medical exam.
RSS Feed
