AccuQuote Provides Benefits of Child Life Insurance

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) March 1, 2011 -- Wheeling, Ill.February28, 2011– AccuQuote, a leader in providing term life insurance quotes to people across the United States, provides the benefits of child life insurance. The multi-carrier life insurance quoting and brokerage firm suggests purchasing a child life policy is one of the wisest ways to lay a child’s financial foundation and protect their future insurability.

“Some people think that purchasing child life insurance is unnecessary, even morbid. However, insuring your child is a wise decision, as it guarantees their future insurability while they're still young and healthy,” says Byron Udell, founder and CEO of AccuQuote.

Child life insurance policies generally offer up to $30,000 in coverage to begin with. As the child ages, more coverage will be offered. These policies are extremely affordable, costing as low as $1 for the first month’s premium.

AccuQuote provides benefits of child life insurance:

• Easy to apply and buy –Unlike traditional term life insurance policies, no medical exam is required to purchase child life insurance. All the applicant is required to do is answer a few yes or no medical questions and the policy can be purchased over the phone and placed in force the same day.
• No waiting period – Once the life insurance application is reviewed and approved, the child life coverage starts immediately. There are no additional underwriting requirements.
• Benefit is never reduced or cancelled – The coverage amount is guaranteed for life, regardless of changes in age, health, lifestyle or occupation, as long as the premiums are paid on time.

• Guaranteed insurability– Child life insurance guarantees the child’s future insurability. When they eventually apply for adult term life insurance, they will not be denied coverage if their child life policy is still in force.
• Cash value–Since child life insurance is a type of whole life insurance, the policy builds cash value. This cash can be used to pay for future expenses, including their college tuition, a down payment on a first home, a wedding or other future expenses.

For more information on the benefits, cost and availability of child life insurance, contact a licensed life insurance professional at AccuQuote. Call 800-442-9899.

About AccuQuote

AccuQuote helps consumers find the best values in term life insurance by combining instant online life insurance quotes with the personal service of unbiased life insurance professionals who answer questions, identify important issues and make meaningful recommendations. The company offers consumers an extensive selection of life insurance products, including term life, whole life, universal life, accidental death, long-term care, disability insurance and selected annuities. AccuQuote.com has many useful insurance tools, including a term life insurance calculator to help consumers determine their life insurance needs, a glossary of industry terminology, a collection of articles and press releases that cover many life insurance topics and a blog that provides opportunities for discussion on life insurance and personal finance. For additional information or to get free quotes for low cost life insurance, please call AccuQuote at 800-442-9899.
http://www.accuquote.com/

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