Posted this on the main board but am thinking it would be better suited here:
If you have children; have you gotten a policy for them? I was able to add my two children to my own policy at no extra cost - but those are a worse case scenario policies.
I'm debating on purchasing a Gerber Insurance and viewing it as a sort of "gift" to them when they graduate high school and they hopefully use [the cash dividend] towards a college education.
Post by schrodinger on Sept 19, 2012 21:22:05 GMT -5
We added the kids as riders to our policies. It was about $0.50/kid/month for $20k coverage. It has the option to extend coverage after age 18. We figured at that low of a cost, $20k would cover funeral expenses and some time off.