But you do also have the option of buying a permanent life insurance policy on your child to lock in a low rate for when he starts his own family. (insurechance.com)
And because rates are near historic lows, a lot of people feel that locking in a low rate now for a long loan term is a good call. (wisebread.com)
Each life insurance policy ends at a different point, allowing you to effectively reduce your coverage over time while still locking in low rates while you're young and healthy. (policygenius.com)