Generally when you think of life insurance, thoughts of death come to mind. Life insurance is not always about preparing for the end of a life, however. Child life insurance is about preparing for the future.
Starting your child, grandchild or godchild on a life insurance plan is a strategic move. When a child is young and healthy, it is very easy to qualify for life insurance coverage – at a minimal rate. However, if they become ill with a chronic disease it can be near impossible to get coverage.
Signing up for child life insurance coverage now will ensure that your child is covered for the rest of their life. It won’t matter how old, healthy or dangerous their occupation is. So, the major benefits are as follows:
- Low rates
- Benefits will never be reduced or canceled due to age, health or occupation
Call Drescher Insurance Agency today to learn more about the benefits of child life insurance.