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Life Insurance For a Newbor Baby

By September 23, 2019April 21st, 2020Life Insurance

pexels-photo-225744The primary function of life insurance is to protect dependents from financial loss in the event of the insured’s death. Consequently, it makes little sense to take out a large life insurance policy on a newborn baby, as no one depends on babies financially. Buying a smaller policy for a baby can offer advantages in certain situations, such as providing for burial expenses in the event of a worst-case scenario. Read More