Why Buy Life Insurance For A Child -

Permanent policies (like Whole Life) build "cash value" over time. The money grows tax-deferred.

While difficult to discuss, a policy provides immediate liquidity during a tragedy. Covers the high cost of burial and services. why buy life insurance for a child

It is usually more important to ensure the parents are fully insured, as their loss of income would be more devastating to the child's welfare. Permanent policies (like Whole Life) build "cash value"