Children's Life Insurance
Lock in lifelong insurability for your kids.
Quick answer
Children's life insurance is usually a small whole life policy bought by a parent or grandparent. It locks in low premiums, guarantees your child can keep coverage for life regardless of future health, and builds cash value they can use later. It can also be added to a parent's policy as a rider.
- Policy type
- Whole life or rider
- Premiums
- Very low, fixed
- Insurability
- Guaranteed
- Cash value
- Yes
Who is children's life insurance best for?
- Parents and grandparents
- Guaranteeing future insurability
- Starting long-term savings
Pros and cons
Pros
- Very low premiums
- Guaranteed lifelong insurability
- Builds cash value
Cons
- Children have no income to replace
- Money may grow faster elsewhere
How much does children's life insurance cost?
Children's whole life policies are among the least expensive permanent policies because of the insured's young age.
Why buy through Varis Life?
Varis Life is an independent agency with access to every major carrier and licensed agents in all 50 states. We compare children's life insurance options side by side so you get the best fit for your health, budget and goals.
Frequently asked questions
Should I buy life insurance for my child?
It can make sense to guarantee future insurability and start savings. Make sure parents are adequately covered first.
Compare every carrier in one call
A licensed Varis Life agent will shop the market for you, in any of the 50 states, at no cost.
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