As parents, we all share a common goal of providing the best possible future for our children, but life is also full of uncertainties. Thinking about getting life insurance for your young ones is a thought that will not even come on any parents mind, and that is totally normal as the topic itself seems unusual but hold tremendous importance. Being a parent it is our responsibility to ensure our little ones are protected from early on no matter what, and life insurance is one thing most parents do not want to think about it. But there is so much more to life insurance than most of us think. Let's explore 3 main advantages to purchasing life insurance for our little ones early on.

Guaranteed Coverage even if health changes occur in the future: We just don't know when our kids will develop health conditions that could prevent them from qualifying for coverage in the future, or it could make life insurance much more costly. Some companies also offer guaranteed purchase option riders which works by giving your kids the option to periodically in crease their coverage amount later in life. With a GPO or GIO, if a child's health changes later, they still will be able to add life insurance coverage at the same health class they were originally placed in.

Lock in low premiums: Life insurance rates are quoted on age & health. Rates are most affordable when your kids are young, even newborns. Buying coverage early on will allow you to lock in these lower rates for the life of the contract.

Cash value:  The cash value earned on a permanent life policy can be used and withdraw later on to help pay for college tuition expense, buying a vehicle for them, or even putting down payment for their first home purchase.

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If you're curious or just want to learn more or have any questions, I'm here to help. I can show you the exact policy we designed for our toddler that will set a strong foundation for our child's financial security.