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Why my kids have life insurance (and maybe yours should too)

Simply Explaining Insurance
Simply Explaining Insurance
Episode • Dec 3, 2015 • 6m

Life insurance for kids sounds like a strange premise.  It can also be a polarizing subject.  I would only ask that you learn about the benefits of the product so that you can make an educated decision of if it is right for your family. Talk to a licensed insurance agent who offers the product and has sold it.

The benefits of purchasing a life insurance policy for your children are:

  1. Guaranteed Insurability
  2. A living benefit that can enjoy compounding interest for over 50 years
  3. A death benefit

Simply Explaining Insurance on Itunes.

 

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