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Best Life Insurance For Kids. It’s not the norm to get life insurance for children only. Parents wanting to save for their child’s college expenses.
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That is unheard of as all other carriers have a max issue age of 17 for children coverage. Life insurance for kids works similarly to the options that are available for adults. A unique aspect of globe life’s children’s insurance is that they accept kids as old as 24.
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Manulife offers a ctr for $2.50 per month for $10,000 of coverage. Save upto ₹46,800 in tax under section 80 (c) *all savings are provided by the insurer as per the irdai approved insurance plan. Gerber is best for children’s whole life coverage because it is a name you can trust and offers the most compelling whole life insurance policy of any provider. However, globe life insurance for grandchildren or children isn’t a bad option by any means.