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Recently just had our 1st child: Next up, Life insurance! Help please!
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foxtail71
Posted 2/3/2014 08:46 (#3658872 - in reply to #3658617)
Subject: RE: Recently just had our 1st child: Next up, Life insurance! Help please!


Middle Tennessee
I can appreciate all the advice that is being giving but there is certainly one thing that you all seem to be missing. When you consider term insurance you better make sure there is a clause to guarantee insurability when the term ends. You never know when you may become uninsurable due to illness or disease. Same can go for a child as well. Let say a child grows up to 20 yrs. old and develops a disease and can not get coverage. Then what. If the parents even have a small policy that can be converted at adulthood that is certainly better than nothing. My 2 cents worth.
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