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Life Insurance for Children Wichita KS

Often parents and grandparents are pitched "special opportunities" by insurance agents to add children to their policies. Agents may even imply that these opportunities only come up every few years, so there's pressure to make a decision right away.

Mrs. Angela L. Tejeda (RFC®), MBA
(316) 721-5191
8307 W. 34th St. N
Wichita, KS
Company
Tejeda Financial / Money Concepts
Qualifications
Education: BA - PsychologyMBA
Years of Experience: 10
Membership
IARFC, FPA, SFSP
Services
Invoice, Estate Planning, Business Planning, Portfolio Management, Pension Planning, Executive Compensation Planning, Retirement Planning, Medicaid Planning, Tax Planning, Seminars Work, Employee Benefits, Stocks and Bonds, Mutual Funds, Mortgage Loans, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Group Insurance, Charitable Planning, Education Plan, Charitable Foundations, Asset Protection, BuySell, LiabCover, Compensation Plans

Data Provided by:
Fortune Protection Ins AAA
(316) 262-1550
1550 S Broadway St
Wichita, KS
 
Blythe Insurance Agency
(316) 685-2388
5745 E Central Ave
Wichita, KS
 
American General Life & Accident Insurance
(316) 630-0100
400 N Woodlawn St
Wichita, KS
 
Farm Credit Of Central KS
(316) 721-1100
7940 W Kellogg Dr
Wichita, KS
 
Mr. Brian Michael Nelson (RFC®), RFP
(316) 630-0670
13111 E 21st St. N.
Wichita, KS
Company
Cornerstone Financial, LLC
Qualifications
Years of Experience: 4
Membership
IARFC
Services
Invoice, Estate Planning, Portfolio Management, Retirement Planning, Employee Benefits, Stocks and Bonds, Mutual Funds, CD Banking, Annuities, Life Insurance, Long Term Care Insurance, Education Plan, Asset Protection

Data Provided by:
Affiliated Agents
(316) 943-2101
2061 N West St
Wichita, KS
 
Tony Cope Insurance Agency
(316) 682-5500
935 S Woodlawn
Wichita, KS
 
Bergkamp Duane CMFC
(316) 721-6767
8925 W Maple St Ste 15
Wichita, KS
 
Bob Watson Agency
(316) 729-7057
8911 W Maple
Wichita, KS
 
Data Provided by:

Life Insurance for Children

Provided By: 

Life Insurance for Children

We always want the best for our children. Life insurance companies know this. As a result, you might find that you are the target of sales pitches from life insurance companies. This is a time when emotions can run high. We all want to secure our children's future, right? If you are considering life insurance for your child, it's a good idea to step back from the sales pitches and be sure that you are clearly considering your and your child's needs before you make a purchase decision.

Often parents and grandparents are pitched "special opportunities" by insurance agents to add children to their policies. Agents may even imply that these opportunities only come up every few years, so there's pressure to make a decision right away. They do this because you'll buy with your heart for your beloved child or grandchild, instead of with your head. Before you buy, ask yourself what benefit comes of buying life insurance on your child. The purpose of life insurance is generally income replacement after a death. As such, it may not be the right purchase on behalf of your child.

However, one of the best reasons to insure children is to cover final expenses after an untimely death. Funeral expenses, including funeral arrangements and burial, can range from $5,000 to $20,000. The average family may not have the funds for those expenses and insurance can help. Further, the cost of such insurance for a child is usually fairly inexpensive, assuming that the child is in good health.

Only buy what you need. Do not be seduced into buying a policy that costs more, but gives you the option of having the child buy additional insurance when he or she comes of age. Sometimes, you may hear a sales pitch suggesting that children will have trouble buying insurance when they are right out of college, for example, and on their own for the first time. However, the reality is that most young adults can easily obtain insurance coverage for very reasonabl...

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