Should I get life insurance on my children?
Yes, in time of loss, not many people are ready to jump back to work, and the majority of people live paycheck to paycheck. This adds a buffer. Also, children’s policies can be passed on to your children someday. Once a policy is in force, they have guaranteed insurability. If you wait, and your child develops a medical condition, they may become uninsurable. Children’s policies are relatively inexpensive, Starting while the child is young is good practice and highly recommended.