Sentences with phrase «standalone policy for the child»
Not exact matches
Term life insurance is not available as a standalone policy on children (because the term would likely be over by the time they needed income replacement for their own families), but a permanent policy will last their lifetime so long as the premiums are paid.
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An optional add - on to a life insurance policy that provides coverage for all children and, in some cases, is able to converted into a standalone policy after the child reaches the required age.