Life insurance for special needs children

November 2, 2021 by Cynthia Widmayer

Parents of special needs children are not only vulnerable to emotional hardships but also financial challenges. The functional needs of these children can warrant lifelong support and assistance, making sufficient funds a necessity. While no one wants to think about losing a child, having a life insurance policy on your special needs child could be beneficial if the unthinkable happens. However, buying life insurance for children is not as commonplace as it is for adults, so the decision requires careful thought and planning.

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Originally Posted at Bankrate on October 29, 2021 by Cynthia Widmayer.