With all the bills you pay to feed, clothe, educate, nurture, and entertain your kids, insurance can seem like yet another burden on your strained family budget. But the checks you write for homeowners', life, and medical coverage serve a vital purpose: They help protect your financial future.
The same cannot be said for a lot of other insurance. Companies will try to sell you policies for almost everything, from vacations to identity theft to life insurance for your child. In most cases, purchasing these plans is a waste of money. By just saying no, you'll save a bundle -- without giving up your peace of mind.
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I don't agree with this article saying your kids don't need life insurance. If your child develops a health condition later in life, he may not be able to get life insurance. As the parent, you can give your (adult) child peace of mind and provide for his family's future by buying a low cost plan now while your child is healthy. Globe Life has a good Facebook page for more info http://on.fb.me/t4OT0l
2/20/2012 09:57:52 AM Report Abuse