Why Should Kids Have Life Insurance? 
For children , there are really only a couple reasons for life insurance . We see a lot of parents who want to provide an asset for their kids to use when they are older , for college or even when they have a family of their own . You can over-fund a life policy to create a cash value which can be withdrawn or taken out as a loan . Not a bad way to get a tax-free income . The other reason is to just provide some coverage for the what if . We all see stories of children death caused by a lot of reasons . This does provide a ray of sunshine in a time of extreme emotion and hardship . 