May 19, 2023 · Yes, for adults, it's to help support a spouse and any other children. For the loss of a child, your whole world is ruined. Do you want to ...

Jan 23, 2023 · Life insurance on your kids can be a good idea not only to cover funeral/medical expenses if something were to happen to them, but also because ...

Jun 9, 2021 · Factually speaking, a life insurance policy on a child is meant to secure their future and help protect against loss. It's not betting on them ...

Dec 29, 2022 · Hey all - looking for thoughts on when a Whole Life Policy for a child makes sense. I know PF is generally against whole life but I believe ...

Mar 30, 2023 · I have a life insurance rider for both of my children; I pay like $2/mo for it. It would cover the cost of burial, I hope.

Dec 8, 2022 · Term life insurance is cheap and allows your kid to have a relatively normal life if either parent dies. You aren't paying for some investment ...

Aug 31, 2023 · 50 votes, 110 comments. As title says, I was one of those kids that their parents signed onto a whole life policy as a child, the common reasons

Jan 6, 2020 · I have a question for the sub related to insurance, investments, and savings... We've been discussing insurance options with our agent, ...

Oct 19, 2023 · $163K is in no way enough for you. You need enough to cover your kids should something happen to you. With 2 kids you probably need $1-2MM but ...