Why Buy Whole Life Insurance For Children? 
Why buy whole life insurance for children ? Outside of the potential need for some life insurance if death occurs at such early age purchasing a whole life policy gives a child a head start . The price is cheap for a chunk of coverage that can be there for the rest of their life . Once it is purchased they ca n't come back and take it away . The cash values never go backwards . I purchased whole life for my kids and their policies have performed well and there is a solid cash value and policy growth for them . 