No one wants to consider the unthinkable, so talking about child life insurance can be difficult. But, there are advantages to this type of coverage that you might not be aware of. We’ll talk you through the basics of a child life policy to help you decide if it’s right for your family.
While life insurance is usually associated with breadwinners, there are some good reasons to get it for a child. But, it’s very much a case-by-case product, so it’s worth getting advice to see if it’s valuable for you to get a child life policy.
Child life insurance is usually a whole life policy that starts much earlier in life than usual. It has three main advantages.
How relevant and significant these benefits are will depend on your financial circumstances, your other savings, and investments and your attitude toward risk.
To get more insight into whether a child life policy is right for your family, contact us today.
As an independent agency, we are here to help you find the right Child Life Insurance coverage.
Our services extend throughout NJ, NY, and PA.