What Is The Best Life Insurance Policy For Children? 
There are different views as to what the best life insurance is for children . If you have more than one minor child , getting a child rider on the parent 's policy is a very low price way of covering your children . If they develop a health condition , they will be able to convert their policy to a permanent policy of approx 5 times the value of the rider when they become an adult . If they stay healthy , they can purchase a permanent policy on their own , at a competitive price , when they become adults . Some parents prefer to purchase permanent policies for their children while they are young , and then give them that policy , all paid up , when they become adults . Either way , getting life insurance on your children ensures that they will be able to have affordable coverage as adults , in addition to providing protection if there was a tragedy while they are young . 