A gift for your newborn: life insurance!
Are you brand new parents or grandparents or will you be soon? As you prepare for the baby's arrival, have you thought about their life insurance?
Obviously, your infant's life insurance will not have the same goals, when young, as your insurance. This insurance will, among other things, cover the various costs in the event of illness or death of the child.
We never hope for it, but it can happen that, following the death of the child, the parents seek help or even need to take certain unpaid days off. The life insurance taken out for your child will cover this decrease in your income or even the increase in the costs of counseling.
It is also possible to think in the longer term for the future of your child! By taking out insurance for your child from an early age, it is possible to insure him for the rest of his life! No matter what their condition, your child will have a good insurance policy to protect them in the event of a problem; it can therefore be very beneficial to contract it from an early age.
Are you not the direct parent of the child? No problem, it is possible for family members or relatives to take out life insurance for a loved one and even pay premiums for them! When the child is old enough, it will then be possible to transfer the already paid life insurance to him.
So, will you give the young baby life insurance as a gift?
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