What Is A Juvenile Life Insurance Policy? 
Juvenile life insurance is life insurance on the life of a young person . These are often issued on very young children . There is little underwriting required and the amount of coverage is generally low , however , we are seeing a growing trend among some ethnic groups to purchase substantial life insurance on children to defray the cost of the funeral of the child regardless of when it occurs . Parents often realize the cost of waiting until they are older and have medical issues that make life insurance expensive and difficult to obtain . 