Secure Future with Child Life Insurance Rider Secrets
Types of Child Life Insurance Riders
There are various types of child life insurance riders available, each with unique features and benefits. Some riders offer a fixed coverage amount, while others might allow for increasing coverage as the child grows. It's essential to evaluate your family's specific needs and financial situation when selecting the right type of rider. For instance, some riders provide coverage until the child reaches a certain age, typically 25, while others may offer coverage for a lifetime if converted into a permanent policy3.