Child life insurance offers several benefits for young parents that may be of interest to you and your family.
For example did you know that you could start a life insurance policy for your child for around $2 per month?
And, child life insurance plans can guarantee your child has protection as an adult, even if his or her health changes in the future, regardless of occupation.
In addition, child life insurance policies can build up cash value over time, from which your child may take a loan, if needed in the future.
Some life insurance plans even guarantee your child may increase the amount of life insurance when reaching 18 or 21 years of age.
With child life insurance you can lock-in a low rate for the rest of your child's life and guarantee your child lifetime protection.
Here's how to buy life insurance for a child.