You might think why the heck would you even get a life insurance for your kids, it may seem a waste of money, frankly!
Then why do it? One major reason to get a life insurance for your child/children is to ensure your child's future insurability. While you are still younger, it is wise to get an insurance coverage for your kids because getting it after you get some health conditions can be very difficult, if not impossible. You also get lower rate than to insure them when they're already at their 20's or 30's. Another major reason would be to cover your own lost wages and expenses in case of the death of a child.
Then why do it? One major reason to get a life insurance for your child/children is to ensure your child's future insurability. While you are still younger, it is wise to get an insurance coverage for your kids because getting it after you get some health conditions can be very difficult, if not impossible. You also get lower rate than to insure them when they're already at their 20's or 30's. Another major reason would be to cover your own lost wages and expenses in case of the death of a child.
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