There is nothing more exciting than shopping for a baby once you find out you’re expecting: crib, bottles, those adorable tiny clothes! We spend ages reading reviews and checking ratings on baby products because let’s face it, we all want our children to have the best of everything.
So why have you not thought to add an insurance policy to that list?
We’ve talked about how the money can be used to cover future expenses: university tuition, potential business venture etc…
But the main reason we urge you to consider insurance for your child at the earliest is not just because it will be cheaper; at some point in your child’s life they could be diagnosed with a condition that makes them uninsurable, and if you had the foresight to get it, the only life insurance they will have are policies purchased by their parents when they were kids. Otherwise once diagnosed your child will not be liable to be covered, or if they are, the premium could be ridiculously expensive!
Life insurance policies have many options available now that allow them to grow with a child. Talk to one of our agents today about coverage options and the options the child may have into the future as an adult by calling us on 429 5000 or sending an email to firstname.lastname@example.org and an officer will get back to you.