subject: Children Life Insurance [print this page] Children life insurance is required for every family. If you are newly married and planning for your first baby you must think about the future. How you can secure future of your baby?
Today our world in very expensive, you need to spend a lot on daily needs. Daily requirement is not the end; you have to spend for education, health, house, vehicle and other auspicious times. There are events when we are not happy and events we like, but one thing is sure we have to spend on both.
Children life insurance is a great very low cost way to set money aside for the future and to make sure your child will have insurance as an adult.
According to research from the American Council of Life Insurers, insurance for children is not a popular purchase. According to report only about 15 percent of people under the age of 18 have life insurance.
The future insurability issue is the one why people should buy children life insurance.
Bob MacDonald chairman of the board of Minneapolis based Allianz Life of North America and has worked in the insurance industry for 40 years. He thinks selling life insurance for children is as contemptible as tobacco companies advertising cigarettes to children.
Ive always felt purchasing life insurance on children was an inappropriate waste, he says. Theres no reason for it, unless the child is going to star in Home Alone 5. Beyond that, its an abuse.
Most people are insurable until theyre 80 nowadays, he says. The number of people in their 20s who are uninsurable is infinitesimally small.
Different views and different thoughts, but we cant go by others thinking, we need to take decision for our self. What is my requirement, what kind of future I need, what is my capacity today, what is possibility that I will continue earning, what if I am not earning? How many people are depending on me, how I can ease this? What is best for me?
All these questions are not so easy to answer, it will take some time and you can have a small research on this issue Children life insurance. You need to do that before you select a children life insurance plan.
We can help you in doing that, check http://insuremegenie.com/Calculator/Calci_ChildEducation.aspx for child education, compare different plans here on http://www.insuremegenie.com/
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So your research on children life insurance will have a GO with this website. I have used service of this company and I must say I am happy.
Dont even think of doing this after few days, children life insurance is something you should act immediately. It will not take mush time and you have secured future of your child.
If you are ready to go, check insuremegenie.com thats the end of your search for children life insurance, take my word.
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by: vivek
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