Is life insurance on children a good idea?
347153
It is a good idea for several of the reasons listed. It makes me mildly nauseous to read Paydaybutte's answer. IF the financial risk associated with loosing a child was the ONLY reason to consider coverage, that is still a good enough reason, but there are other, more compelling reasons. To say a child is simply a cost and you are essentially better off if they die is simply disgusting,\n\nHere are the reasons to buy coverage:\n\nProtect Insurability - Putting PERMANENT coverage in place now gives your small child the gift of a policy they can keep for the extent of their life, regardless of what happens to their health.\n\nTake advantage of low rates - Just take a look at the rates on a policy for a 10 year old, a 30 year old and a 50 year old.\n\nTaking Advantage of the Tax Advantage - I would recommend a VUL rather than a WL policy for this, but the cash value growing within the policy accumulates tax deferred, and withdrawals can be tax free when structured correctly.\n\nA few have espoused the "Buy Term and Invest the Difference" concept as being the only way to consider. This is very shortsighted. I personally put together a comparison of VUL vs. level term (with renewals) and the VUL ends up way ahead. IF cash accumulation was the ONLY goal then the VUL wins. If you add in cost effective life insurance coverage for life, VUL STILL WINS.\n\nThe important thing to remember is to seek out the advice of a competent financial professional. Check out the website Rich recommended or use the Planner Search feature on the website for the Financial Planning Association. (www.fpanet.org)
228134
If its the best option go for it, your parents will take care of them well so you wont have any trust issues, the only problem would be that you will not see your children.
335662
Disability insurance is great, and I highly recommend it. Think about it, if you are young you are much more likely to become disabled rather than to die. Disability is an excellent product. Aflac is good, just make sure you really read the policy that you choose from them, some are much better than others. Good Luck!
851310
If someone depends on you financially, you should get a life insurance policy, which covers death by any cause, accident or illness.  Term insurance has never been cheaper.  Go to www.term4sale.com to get an idea of what it's going to cost.  Then, find a competent licensed agent to help you get the lowest premium from a quality company (A+ rated or better).  Applying online is OK, but you'll get better service from a licensed agent, especially if there are any difficulties with your application.
568279
Tell them it would be a very good idea to introduce life insurance. For a very little value their employees will earn a peace for mind knowing that their faimly is financially secure in any eventuality. It also acts as a motivating factor for the employees knowing that the company cares about them.
1096875
That website is a total scam. $1 for just first month premium and then it is adjusted to your current age after that. If you want to do the right thing, you would keep investments separate from insurance.\n\nTwo ways to invest for your children:\n1) Open UGMA/UTMA account at a financial institution\n2) If investment is to be used for college, then open a 529 plan or Coverdell plan.\n\nIf you are looking to get insurance for your children, you would buy a 10, 15, or 20 year term with just $10,000 in coverage. After that, they are old enough to buy their own life insurance.
1007994
I offer insurance to my employees, the plan I've got them on is $300.00/mo single and $525.00/mo family.  They can have it after 90 days.  Its a BENEFIT for being a good employee.  I don't pay someone the difference iff they choose not to take it.  Besides if they gfet hurt on the job, its better for the company if the employee uses their insurance, rather then me having to go through work mens comp.
591387
invest in a child. u cant go wrong
560882
just think about ur kids.it really helps.
512630
There is a lower costing health insurance called KChip that is just for children. I don't know if it is just available in my state of Kentucky but you could type it in the search engine and they might have something similiar in FL for you.
582022
pros:  Your kids are free to learn based on their own pace, and delve deeper into thier own interests.  \n\nCons:  Your kids learn from you, so if you have bad habits they will have them too.  Evaluate your self before you start...\n\nand create a good group of friends with kids aged 2-3 years younger and older than your kids.
608621
getting a life insurance cover is pretty easy with a good plan \nhowever it may get a bit tricky at times, I suggest you get as much information as possible online on this first,\n\na good place to start in my humble opinion is:\n\nhttp://umgarticles.atspace.com/insurance.htm\n\na couple of years ago I took such a plan, however I made some errors, luckily for you they are all tackled in this article so you cannot make the same errors that i did! ... I only wish the internet was around at that time!\n\ngood luck
670040
if you are married and have children and wife or a partner.you need life insurace.now a days best is to get term life insurance.it is cheap and if you are young and have no health problems you can get a great deal on it.but if you are single and plannin to stay like that there is no need for life insurance.check the link below .it is very informative.
515180
yes,depends on the environment and how you treat the kid.\nThey will learn as they grow older. Be nice to them.
28845
I would go if I were you .Your condition alough painful is not life threatning and downs children are very loving and need routine .So go.
861829
Over 50 plans are all well and good, however most do not offer full cover until you have been a Member for over 24 months. If you die before that time you only get your premiums back, not the life sum assured.\nCall a financial Adviser to ask about your own individual requirements. The first consultation is usually free and without obligation (they will tell you over the phone ). He /She may be able to suggest a better option as they can research the whole market not just one company. Good luck
440644
Yes, I'm surprised you haven't heard of Life Ins. If you live in the US, you will see it on tv all the time, mostly for old people.\nI have life insurance on me for 11 years since I was 15, its more or less a coverage from my mom in case I kick the bucket so she may get money back for the waste that I am. Mom has a policy too since I'm not good at anything =P\n\nAnyways, you won't find people that willing enough to tell you all pertinent information for their policies, because its private, and your rate can tell you everything about your life: how you lived, when you are expected to die. Thats because insurance comapnies have actuaries (math whiz) who calculate exactly when you are going to die, and calculate a premium to charge you estimated until you die.  \n\nBut in essense, people have life coverage to help with post-life expenses, like funeral and taxes. Thats all.