{"id":2746,"date":"2022-06-13T21:15:34","date_gmt":"2022-06-13T21:15:34","guid":{"rendered":"https:\/\/wp-stg.zanderins.com\/?p=2746"},"modified":"2024-05-02T18:48:12","modified_gmt":"2024-05-02T18:48:12","slug":"should-i-have-life-insurance-on-my-children","status":"publish","type":"post","link":"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/","title":{"rendered":"Should I Have Life Insurance on My Children?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3090\" src=\"https:\/\/wp-stg.zanderins.com\/wp-content\/uploads\/3-1.png\" alt=\"\" width=\"1110\" height=\"411\" srcset=\"https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184511\/3-1.png 1110w, https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184511\/3-1-300x111.png 300w, https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184511\/3-1-1024x379.png 1024w, https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184511\/3-1-768x284.png 768w\" sizes=\"auto, (max-width: 1110px) 100vw, 1110px\" \/><\/p>\n<p><span style=\"font-size: 22px; line-height: 35px;\">Dave Ramsey does not recommend purchasing life insurance on children, specifically Gerber Life and similar policies that pose as college savings plans or promise a child\u2019s insurability into the future.<\/span><\/p>\n<hr \/>\n<p>Children\u2019s life insurance is another method of selling whole life insurance to people who don\u2019t need it. As a child\u2019s premature death is extremely rare, Dave feels that the expense can be managed via the parent\u2019s emergency fund.<\/p>\n<p>Alternatively, for those who wish to have some sort of extra protection in place, a <a href=\"https:\/\/www.zanderins.com\/term-life-insurance\/child-rider\">child rider<\/a> can be added to most term life policies. Companies that offer a child rider tend to charge $50 to $60 a year for $10-20,000 of coverage, which would cover all children in the household (usually up to age 25). Once the child is old enough to buy their own life insurance, they can convert their child rider coverage to an individual policy even if they have health issues. So, instead of spending too much money on a policy for your child, consider using those funds for better investment options such as Education Savings Accounts, 529 plans, or regular mutual funds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dave Ramsey does not recommend purchasing life insurance on children, specifically Gerber Life and similar policies that pose as college savings plans or promise a child\u2019s insurability into the future. Children\u2019s life insurance is another method of selling whole life insurance to people who don\u2019t need it. As a child\u2019s premature death is extremely rare, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-2746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-term-life"],"better_featured_image":{"id":3102,"alt_text":"","caption":"","description":"","media_type":"image","media_details":{"width":740,"height":411,"file":"3-3.png","sizes":{"medium":{"file":"3-3-300x167.png","width":300,"height":167,"mime-type":"image\/png","filesize":87927,"source_url":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184557\/3-3-300x167.png"},"thumbnail":{"file":"3-3-150x150.png","width":150,"height":150,"mime-type":"image\/png","filesize":42533,"source_url":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184557\/3-3-150x150.png"}},"image_meta":{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0","keywords":[]}},"post":2746,"source_url":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184557\/3-3.png"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Should I Have Life Insurance on My Children? | Zander Insurance<\/title>\n<meta name=\"description\" content=\"Having term life insurance for yourself is very important, but does that mean your children need coverage too? Read more to find out.\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Should I Have Life Insurance on My Children? | Zander Insurance\" \/>\n<meta property=\"og:description\" content=\"Having term life insurance for yourself is very important, but does that mean your children need coverage too? Read more to find out.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/\" \/>\n<meta property=\"og:site_name\" content=\"Zander Insurance\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZanderInsurance\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-13T21:15:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-02T18:48:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184557\/3-3.png\" \/>\n\t<meta property=\"og:image:width\" content=\"740\" \/>\n\t<meta property=\"og:image:height\" content=\"411\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Aynsley Broom\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@zanderinsurance\" \/>\n<meta name=\"twitter:site\" content=\"@zanderinsurance\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Aynsley Broom\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/\",\"url\":\"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/\",\"name\":\"Should I Have Life Insurance on My Children? | Zander Insurance\",\"isPartOf\":{\"@id\":\"https:\/\/wp.zanderins.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184557\/3-3.png\",\"datePublished\":\"2022-06-13T21:15:34+00:00\",\"dateModified\":\"2024-05-02T18:48:12+00:00\",\"author\":{\"@id\":\"https:\/\/wp.zanderins.com\/#\/schema\/person\/f1a5ff92c07c4bd38143ea9435115263\"},\"description\":\"Having term life insurance for yourself is very important, but does that mean your children need coverage too? Read more to find out.\",\"breadcrumb\":{\"@id\":\"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/#primaryimage\",\"url\":\"https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184557\/3-3.png\",\"contentUrl\":\"https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184557\/3-3.png\",\"width\":740,\"height\":411},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wp.zanderins.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Should I Have Life Insurance on My Children?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wp.zanderins.com\/#website\",\"url\":\"https:\/\/wp.zanderins.com\/\",\"name\":\"Zander Insurance\",\"description\":\"Zander API\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wp.zanderins.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/wp.zanderins.com\/#\/schema\/person\/f1a5ff92c07c4bd38143ea9435115263\",\"name\":\"Aynsley Broom\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wp.zanderins.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/5f8f1bb3f7f4e5edbb1d64903c1a67c6dce651f88489689d5c945cba363eeb1b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/5f8f1bb3f7f4e5edbb1d64903c1a67c6dce651f88489689d5c945cba363eeb1b?s=96&d=mm&r=g\",\"caption\":\"Aynsley Broom\"},\"url\":\"https:\/\/wp.zanderins.com\/author\/abroom\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Should I Have Life Insurance on My Children? | Zander Insurance","description":"Having term life insurance for yourself is very important, but does that mean your children need coverage too? Read more to find out.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Should I Have Life Insurance on My Children? | Zander Insurance","og_description":"Having term life insurance for yourself is very important, but does that mean your children need coverage too? Read more to find out.","og_url":"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/","og_site_name":"Zander Insurance","article_publisher":"https:\/\/www.facebook.com\/ZanderInsurance\/","article_published_time":"2022-06-13T21:15:34+00:00","article_modified_time":"2024-05-02T18:48:12+00:00","og_image":[{"width":740,"height":411,"url":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184557\/3-3.png","type":"image\/png"}],"author":"Aynsley Broom","twitter_card":"summary_large_image","twitter_creator":"@zanderinsurance","twitter_site":"@zanderinsurance","twitter_misc":{"Written by":"Aynsley Broom","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/","url":"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/","name":"Should I Have Life Insurance on My Children? | Zander Insurance","isPartOf":{"@id":"https:\/\/wp.zanderins.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/#primaryimage"},"image":{"@id":"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/#primaryimage"},"thumbnailUrl":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184557\/3-3.png","datePublished":"2022-06-13T21:15:34+00:00","dateModified":"2024-05-02T18:48:12+00:00","author":{"@id":"https:\/\/wp.zanderins.com\/#\/schema\/person\/f1a5ff92c07c4bd38143ea9435115263"},"description":"Having term life insurance for yourself is very important, but does that mean your children need coverage too? Read more to find out.","breadcrumb":{"@id":"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/#primaryimage","url":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184557\/3-3.png","contentUrl":"https:\/\/static.zanderins.com\/wp-content\/uploads\/2022\/06\/02184557\/3-3.png","width":740,"height":411},{"@type":"BreadcrumbList","@id":"https:\/\/wp.zanderins.com\/2022\/06\/13\/should-i-have-life-insurance-on-my-children\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wp.zanderins.com\/"},{"@type":"ListItem","position":2,"name":"Should I Have Life Insurance on My Children?"}]},{"@type":"WebSite","@id":"https:\/\/wp.zanderins.com\/#website","url":"https:\/\/wp.zanderins.com\/","name":"Zander Insurance","description":"Zander API","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wp.zanderins.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/wp.zanderins.com\/#\/schema\/person\/f1a5ff92c07c4bd38143ea9435115263","name":"Aynsley Broom","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wp.zanderins.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/5f8f1bb3f7f4e5edbb1d64903c1a67c6dce651f88489689d5c945cba363eeb1b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/5f8f1bb3f7f4e5edbb1d64903c1a67c6dce651f88489689d5c945cba363eeb1b?s=96&d=mm&r=g","caption":"Aynsley Broom"},"url":"https:\/\/wp.zanderins.com\/author\/abroom\/"}]}},"post_categories":[{"term_id":8,"name":"Term Life","slug":"term-life","term_group":0,"term_taxonomy_id":8,"taxonomy":"category","description":"","parent":0,"count":62,"filter":"raw"}],"post_tags":[],"_yoast_wpseo_primary_product_cat":{"term_id":8,"name":"Term Life","slug":"term-life","term_group":0,"term_taxonomy_id":8,"taxonomy":"category","description":"","parent":0,"count":62,"filter":"raw"},"_yoast_wpseo_metadesc":"Having term life insurance for yourself is very important, but does that mean your children need coverage too? Read more to find out.","_yoast_wpseo_title":"Should I Have Life Insurance on My Children? | Zander Insurance","global_social_fields":{"facebook_site":"https:\/\/www.facebook.com\/ZanderInsurance\/","instagram_url":"https:\/\/www.instagram.com\/zanderinsurance\/","linkedin_url":"https:\/\/www.linkedin.com\/company\/zander-insurance","myspace_url":"","og_default_image":"https:\/\/s3.amazonaws.com\/zander-marketing-stg\/wp-content\/uploads\/2019\/11\/26202231\/og-image-zander-insurance.jpg","og_default_image_id":1162,"og_frontpage_title":"","og_frontpage_desc":"","og_frontpage_image":"","og_frontpage_image_id":"","opengraph":true,"pinterest_url":"https:\/\/www.pinterest.com\/zanderinsurance\/","pinterestverify":"","twitter":true,"twitter_site":"zanderinsurance","twitter_card_type":"summary_large_image","youtube_url":"https:\/\/www.youtube.com\/user\/zanderinsurance","wikipedia_url":"","other_social_urls":[],"mastodon_url":"","fbadminapp":""},"_yoast_wpseo_focuskw":"children life insurance","_yoast_wpseo_linkdex":"56","_yoast_wpseo_metakeywords":"","_yoast_wpseo_meta-robots-noindex":"0","_yoast_wpseo_meta-robots-nofollow":"0","_yoast_wpseo_meta-robots-adv":"","_yoast_wpseo_canonical":"","_yoast_wpseo_redirect":"","_yoast_wpseo_opengraph-title":"","_yoast_wpseo_opengraph-description":"","_yoast_wpseo_opengraph-image":"","_yoast_wpseo_twitter-title":"","_yoast_wpseo_twitter-description":"","_yoast_wpseo_twitter-image":"","_yoast_wpseo_primary_category":"8","_links":{"self":[{"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/posts\/2746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/comments?post=2746"}],"version-history":[{"count":5,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/posts\/2746\/revisions"}],"predecessor-version":[{"id":3103,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/posts\/2746\/revisions\/3103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/media\/3102"}],"wp:attachment":[{"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/media?parent=2746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/categories?post=2746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.zanderins.com\/wp-json\/wp\/v2\/tags?post=2746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}