Life Insurance for a Child?

What are the advantages of having life insurance for your child?

Child life insurance policies provide several benefits, including:

1. Proceeds from the death benefit can be used to pay for final expenses.
2. Build cash value inside the policy over time.
3. Guaranteed lifetime life insurance protection.
4. Option to increase coverage when your child reaches adulthood.
5. A loan may be taken from the cash value in the policy.
6. Level rates guaranteed to remain the same for the life of the policy.

Learn more about buying life insurance for a child.