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Protect your children now and for the future

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Protect your children now and for the future -
When your children are infants, buying baby monitors, car seats and outlet covers, trying your best to a head all real dangers (and imaginary) threatening your little bundles of joy.
Then, as they grow up, your focus expands to include schools, social activities and other factors that influence, as you do your best to keep them safe. Your whole goal as a parent is to ensure that your children navigate the space between birth and adulthood as well protected as possible
But an item could be out of your "must have" list :. life insurance. While parents usually buy life insurance for themselves for the first time, or increase the amount of existing policies when they add new members to their family, they may neglect ensure these new additions with a policy of their own.
It is true that a function of life insurance is to protect those who remain, such as spouses or dependents, a situation that is not appropriate when talking of minor children. But there are other reasons why it makes sense to ensure your children. The first comes to dollars and cents: it is much less expensive, comparatively speaking, to ensure a child than an adult.
The second reason has to do with the unfortunate events that could affect the long-term health of a child. While we hope and pray that children will stay healthy, events can transpire over which we have no control. A serious illness, a chronic condition newly developed or even a catastrophic accident with permanent injuries may result in children being considered uninsurable for life. A permanent policy, especially with a purchase option of guaranteed policy for additional insurance in the future, ensures the protection of life, regardless of the child's health status can change.
It is true that you might be able to provide your child through a group policy available through your workplace, keep in mind that changes in benefits social employee may remove this option. Overall, only 19 percent of children have an individual life insurance, with only 14 percent covered by group life policies, according to LIMRA, and both figures have shown a significant decline.
Buying life insurance for your children is just one more way you can show your love and concern for them and ensure that they are protected against the consequences of unexpected events of life.

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