08/25/2025
Most parents add their children to their workplace life insurance plan—if their employer offers it. Typically, this coverage is basic term life insurance. Once the child turns 18 (or 21 if they’re in college), they age out of the policy and must secure their own coverage. At that point, age and health play a big role in the cost and availability of insurance. The older a child gets, the more expensive coverage becomes—and if health issues arise, it may be difficult or even impossible to get coverage.
That’s why it’s often smarter to purchase whole life insurance while a child is young and healthy. The cost is affordable, and coverage lasts for life as long as premiums are paid. Premiums never increase, and the face value never decreases. Plus, the policy builds cash value over time, creating a financial resource that can be used later for important expenses like buying a car or helping with college costs. Call or text me today for a quote. 910-514-1212. Leave a message and I will call you back.
