More About Life Insurance

When I talked about life insurance last Friday, I only talked about this important issue from the angle of adults needing life insurance. Mr. Incredible and I have life insurance on all of our girls because no one is guaranteed tomorrow - not even babies.

Most often, children qualify for a "life insurance no exam" policy. My girls all have whole life policies - the monthly premium is low because the policies were put in place before any of the girls turned one, and having a whole life policy means that, if for some reason we could no longer afford to insure our girls, we could cash in the policy for at least a return of all premiums paid.

Do you have a life insurance policy on your child? Why or why not?