Actually, many life insurance companies may provide life insurance coverage for a child or juvenile.
In addition, some life insurance plans for adults offer parents the option of adding a rider to their life insurance policy that provides life insurance for their children for a small amount of coverage, usually up to $10,000 per child, for a small additional premium.
However, there are many insurers that offer juvenile life insurance policies, including Prudential, Gerber Life, and Globe Life and Accident Insurance Company.
For instance, Globe Life offers parents or grand parents that option of buying up to $30,000 of life insurance for children through Globe Childrens Life Insurance. You can get a quote and apply online and there's no medical exam required.
Globe Life has been insuring American families for more than 50 years and is rated "A+" Superior for financial strength by AM Best Company.