It's a type of whole life insurance policy that provides lifetime protection for your child.
These plans have guaranteed level rates and build up some cash value inside the policy over time.
In addition, they may allow your child to purchase additional coverage when reaching adulthood, without having to prove insurability by taking a health exam.
The best time to start life insurance for your child is when they are young and in good health.
A serious illness or injury could make insurance very expensive or even unavailable in the future.
Regardless of your child's future health, occupation, military service or hazardous activities, child life insurance can protect your child's ability to be covered by life insurance in the future.
Learn more about life insurance for children and how to get your child insured.