Posted by Jennifer 2 years ago In:

Jennifer
Jennifer Asked:

Do I need to buy a separate life insurance policy for my child?

Do I need to buy a separate life insurance policy for my child?

 

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LindaRuth
LindaRuth Answered:

No, you do not.

God bless the troops.
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hadley
hadley Answered:

No, you don't need to buy a separate life insurance policy for your child. However, if you want coverage for your child you may be able to add a child life rider to your existing life insurance coverage. or, add a rider for your child on your employer life insurance plan. Or, you can apply for child life insurance to purchase a life insurance policy for your child. There's no medical exam required.

<a href="http://www.term-life-online.com/term-life-insurance-no-exam.html" rel="nofollow">Term Life Insurance No Exam</a><a href="http://www.term-life-online.com/term-life-insurance-no-exam.html" rel="nofollow"> </a><a href="http://www.term-life-online.com/term-life-insurance-no-exam.html" rel="nofollow"> </a>
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Phi Vo
Phi Vo Answered:

No, you do not need to buy a separate life insurance policy FOR your children, as they should already be beneficiaries if you designated them as such. But, if you want them to have a life insurance policy in case they were to pass away suddenly so that someone else could be a beneficiary, you'll need to purchase a life insurance rider .

Learn more about how you can purchase life insurance riders to further customize your life insurance policy.

Common Life Insurance Riders

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