In short, this type of policy provides a ready source of liquidity to use as you see fit, and the cash value grows as your child grows up. (accuquote.com)
Proper arrangements must have been made or will be made for the spouse and any dependent members of the family such as children of either party and other relatives. (citizensinformation.ie)
This is definitely a win — win situation for you as well as your children as they'd be able to experience affection from both parents. (singleparentdatingsites.com)