As parents, we worry about our children and do everything we can to protect them. We try to raise them right and make sure they are prepared to become adults. But have you ever thought about buying life insurance for your child?
When you insure a child, you are protecting his or her future. Did you know that one out of every six adults get rated, postponed, or denied for insurance coverage? If you purchase a policy for your child from the Knights of Columbus with a guaranteed purchase option (GPO), it guarantees that more insurance can be purchased for that child at certain set dates, without proving evidence of insurability.
Unfortunately, as fathers we don’t have a crystal ball, and we don’t know what the future may have in store for our children’s health. But did you know that right now you can purchase a child’s policy, in many cases, for less than $10 a month?
I’ve heard it said that people don’t want to “profit” from the death of a child, so they won’t purchase coverage on their children. God forbid something tragic happens.
But, with Christmas around the corner that policy can also be a wonderful gift. It can be used as investment to help fund your child’s future college tuition or help with the down payment of your child’s first home when they become a young adult. Those funds can also come in handy at a time when finances will be the last thing on a parent’s mind. I have never heard a story about someone who regretted buying coverage on their child. Contact me today to discuss the many policy options for children and youths, including 10- and 20-Pay life insurance.
Fraternally,
C. Philip De Leon (CA License #OK63623)
(916) 607-1645
philip.deleon@kofc.org
www.philbetterinsured.com