Sentences with phrase «ideal child insurance policy»
An ideal child insurance policy must allow the policyholder parents the option to control the choice of markets they would like to invest in.
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The ideal life insurance policy will account for long term financial obligations such as paying off your mortgage or sending your children to college, and also help cover your more immediate monetary needs.
A limited payment life policy is ideal for a child — in addition to starting insurance coverage they will need as an adult, the policy earns cash value, which generally grows tax - deferred.
In an ideal scenario, the child insurance policy must come with a partial withdrawal clause allowing for any funds to be withdrawn to take care of such emergencies.
This type of policy is ideal if you only need to have life insurance for a specific period of time, for example while your children are young or while you are still paying off your mortgage.