Author Topic: Do any of you have life insurance for your D child?  (Read 1731 times)

Offline robertd

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Do any of you have life insurance for your D child?
« on: December 19, 2011, 01:39:30 AM »
My cousin is diabetic and his wife just mentioned to look into life insurance for ds because it is insanely expensive for my cousin now.  And he's only 32!  Thought it might be a good idea but I have no idea where to start?

Offline cheryl1

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Re: Do any of you have life insurance for your D child?
« Reply #1 on: December 19, 2011, 05:39:57 AM »
I have a $25,000 per child policy through work that costs me about $6 per month. That is just to help with burial expenses and cover some time off work. I don't plan on carrying anything that will transition into adult life insurance because the return sucks when compared to the odds of actually needing it.

Offline fritz_monroe

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Re: Do any of you have life insurance for your D child?
« Reply #2 on: December 19, 2011, 07:20:22 AM »
I also have a policy for each child through work.  I don't know what amount it is, but for the couple of dollars, it is some peace of mind for an unthinkable event.


Offline bigbear

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Re: Do any of you have life insurance for your D child?
« Reply #3 on: December 20, 2011, 11:11:26 AM »
Same set up as the previous two posters.  However, if your family has a history of diabetes and your child seems to be showing some indicators, I would look into it.

Offline archer

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Re: Do any of you have life insurance for your D child?
« Reply #4 on: December 20, 2011, 12:49:09 PM »
I have a policy thru work to help cover costs and time off.