Call Us CALL US TODAY | 814.580.9992
Auto Insurance AUTO

Auto insurance protects you against financial loss if you have an accident.

Read More
Homeowners Insurance HOME

A standard policy insures the home itself and the things you keep in it.

Read More
Commercial Products COMMERCIAL PRODUCTS

Discover the perfect insurance options to meet your specific and unique needs.

Read More
Life Insurance LIFE

Browse a variety of insurance options in order to find the right one for you.

Read More
Motorcycle Insurance MOTORCYCLE

Learn about different coverage options that fit your specific needs.

Read More
Hotel/Motel Insurance HOTEL / MOTEL

Finding insurance doesn't have to be difficult. We do the work for you.

Read More

Children's Life Insurance
 
Since 2010, the first Sunday in May has been recognized as International Bereaved Mother’s Day, also known as International Babylost Mother’s Day, to include those who may feel left out on this holiday. Losing a child is never easy, but not being prepared can make this time of grieving even harder.
Although the idea of purchasing a life insurance policy may seem a bit taboo or ominous, there are a few reasons why it should be considered. Firstly, having a policy can help cover the more than just expenses of a funeral if a tragedy would occur. It can also help cover counseling and help with expenses while taking time off. Also, If you have a child that develops a medical problem early on in life, it may be harder for them to get their own policy when they are of age. Having a policy put into place when they are young may benefit your child in the future when they are trying to get their own policy. Anytime you apply for life insurance, the only concern is within the first two years, and that concern would only be from previous known health conditions, only if those conditions were not disclosed on the original application. Because of this, full disclosure is extremely important when purchasing a policy. When purchasing a policy for your child, they do not need the same amount of coverage as an adult does. Although an individual permanent plan may arguably be the best option as far as children’s life insurance goes, there are other options. This is where what we call a “Guaranteed Insurability Rider” comes in.
 
 
Essentially, this is just an extension to your own life insurance policy and can cost only a fraction of what a full life insurance costs but covers your child, or even your unborn child which makes it a great option for those who are on a restrictive budget. By making your child a “rider” on your policy, it can help by making it easier for your child to be able to purchase their own policy when they grow older without having to qualify medically. By doing this, you can make sure you are prepared if the unthinkable happens.

Posted 11:37 AM

Share |


No Comments


Post a Comment
Name
Required
E-Mail
Required (Not Displayed)
Comment
Required


All comments are moderated and stripped of HTML.
Submission Validation
Required
CAPTCHA
Change the CAPTCHA codeSpeak the CAPTCHA code
 
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011


View Mobile Version
Facebook
Twitter
LinkedIn
Instagram
YouTube
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
Carriers
© Copyright. All rights reserved.
Powered by Insurance Website Builder