Children's Life Insurance

Disadvantages Of Insurance For Children

• They probably won't use it
• Your child may need a medical exam
• Most young adults can get coverage later
• Insurance premiums may actually drop as your child ages
• Kids don't pose a financial loss
• Your group life insurance may already cover them

Advantages Of Buying Insurance For Your Children

• They can continue their current coverage into adulthood
• They can lock in a low premium
• They can convert to another policy when they’re 21
• They may become uninsurable later