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Reply to "Whole life insurance for kids"
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[quote=Anonymous][quote=Anonymous]A total scam. Why would you need to have life insurance on a child? No one depends on the child's income for support. [/quote] A PP noted the one reason--an illness that might preclude their being able to get a term policy later. But read the fine print--often you can't expand or modify the policy anyway so it's moot and you might as well have just saved or invested the money to get to the same end. [/quote]
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