Should your clients buy life insurance for their kids? It may sound like a crazy question, but it’s not. Due to a child’s long life expectancy, the premiums are cheap. Underwriting is simplified and ...

Future insurability is one reason to purchase life insurance for children. Some children’s life insurance policies can accumulate cash value. It’s important to shop around to find the best life ...

Forbes contributors publish independent expert analyses and insights. Juan Carlos Medina, CFP, focuses on holistic financial wellness. Life insurance is a core component of personal financial planning ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...