Types of life insurance. Being a parent is a significant financial commitment. The cost of raising a child ranges between $200,000 and $450,000.

Child life insurance is typically sold as a whole life insurance policy with a death benefit under $100,000. Because the child is less likely to pass away than an adult, premiums tend to be relatively ...

If you purchase a term life insurance rider, your child will be covered until they're 18 (or, in some cases, 25). However, if you buy a separate whole life policy for your child, they will have ...

A policy for a child works much like any life insurance policy, providing a payout if the child passes away while the plan is in force. Typically, these are small whole life insurance policies ...

Life insurance is for more than just emergencies. Here are 3 ways it can build wealth, especially if you have kids, a ...

Think life insurance is too expensive or unnecessary? These 10 surprising facts could change how you protect your family—and ...

1,413 life insurance rates sets collected. 441 life insurers analyzed by our team of experts. 185 policies assessed. Dive deeper: Ratings methodology for life insurance. NerdWallet's life ...

In this blog, we explore how these plans work, what role they can play for children with special needs and the key points to think about before choosing one.

Not everyone needs or wants life insurance, but for many people buying a policy may make sense. Our guide will help walk you through the process of deciding if you need life insurance.