PolicyAdvisor.com adds children's life insurance to its shel

PolicyAdvisor.com adds children's life insurance to its shelf


IE Staff
PolicyAdvisor.com has added children’s life insurance to the offerings on its platform, the online broker said in a release on Thursday.
The company offers online quotes and comparisons for children’s whole life insurance in three coverage amounts — $50,000, $100,000 and $250,000. For other coverage amounts, PolicyAdvisor’s licensed advisors can customize quotes, the release said.
Whole life insurance accrues a cash value that can be used for a major expense for the child.
“Children’s insurance encompasses much more than the initial coverage benefit,” said Jiten Puri, PolicyAdvisor.com CEO, in the release.
“It allows a parent or grandparent to give the gift of guaranteed future insurability as also access to a financial asset they can put towards education costs, a first car, travel or downpayment on a first home.”

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