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It's true that you can start a life insurance policy for a child as young as 14 days old, and they can maintain it up to age 121. These juvenile policies earn the same rates of return as adult policies, making them a valuable financial tool. Additionally, many insurers now allow parents to get life insurance for their children, even if they don't have coverage themselves, with coverage limits typically around $250,000. This is a recent change that offers families more flexibility. Follow for more financial insights. Comment "Life" to book a consultation to get this set up for your child or grandchild. #LifeInsurance #JuvenilePolicy #ChildrensLifeInsurance #FinancialPlanning #WealthBuilding #InsuranceTips #FinancialLiteracy #FamilyFinance #InvestmentStrategy #LongTermPlanning
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