Is there any life insurance I can buy for my 15 year old? And, if so, how much life insurance can i buy on him.
Yes, a parent can buy life insurance on their child, as there does exist an insurable interest between parents and their children.Many child life insurance plans offer up to $25,0000 or more of life insurance protection.Some child life insurance plans offer not only a death benefit, but may build up some cash value over time inside the life insurance policy.Usually, child life insura... Continue reading ...