5 Things to Know About Getting Life Insurance for Your Child

HELEN MOSHER | July 31, 2018

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We spend so much time talking about the reasons adults need life insurance (income protection, covering funeral costs and so on) that it’s easy to forget why it may be a good idea for you to insure your children as well. When we think about it, we reason that our kids aren’t contributing to the household budget, in fact, anyone with kids knows that raising them takes a lot out of that budget! But getting a permanent life insurance policy for a child can offer financial advantages for them later in life (in addition to the death benefit).

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Selective Insurance

Selective works together with our independent agency partners to create and deliver business and personal insurance solutions that best fit customers’ needs. Providing insurance since 1926, Selective has built a reputation with agents and customers for trust, integrity and service excellence, backed by an “A” (Excellent) or better rating from insurance rating organization A.M. Best Co. since 1930. Our customers can trust Selective to be there when they need us because we know Response is everything.®

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