Why Buy Life Insurance On A Child? 
That is a great question ! There are three good reasons why you want to buy a policy for your child . The first is for the obvious - if your child were to pass away , you would not have to bear the expense of the funeral by yourself . The second is so that you can save your child thousands of dollars over their lifetime . When you purchase the policy when they are young , the price they pay for the policy is locked in , and that is what they pay for the rest of their life . Many policies for young kids will offer a rider to increase the coverage amount without any medical questions . This is important in that if the child were to develop health issues that might otherwise cause a company to deny or drive up the price of coverage , they can still add to their coverage . The third is that by purchasing the policy when they are young , the cash value that builds in the policy can be sizable if and when they might need it . If you would like more detail , please feel free to contact me , I 'd be happy to help . Thanks for asking ! 