By Brad Cummins Learn more about Brad on NerdWallet’s Ask an Advisor Although it’s terrible to think about, the truth is that the unimaginable — losing a child — can happen. A parent may never fully recover from it emotionally. A child’s death also raises financial issues. Is that a reason to purchase life insurance on someone so young? Many opponents of purchasing life insurance on children say doing so is unnecessary, primarily because parents aren’t likely depending on their child for financial support.
Comment on The Benefits of Having Life Insurance Coverage on Your Child
Advisor Voices, NerdWallet.com
Fri, 04/22/2016 - 1:46pm
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