Written by Option Insurance Group on May 7, 2017 in

According to research from the American Council of Life Insurers, only about 15 percent of people under the age of 18 have a life insurance policy. For those that have one the average amount is typically small and often just enough to provide the benefit of covering final expenses.1American Council of Life Insurers Research Study, 2013

The fact is, there are many other benefits to purchasing life insurance for you child or grandchild, including locking in their coverage for the future.