I never really though much about child insurance until I was doing a bit of research on the whole life insurance thing. It didn’t immediately occur to me why you’d want to take out a life insurance policy on your child, but when you think about it, if (God forbid) your child got into an accident or became seriously ill, it could be very difficult to get life insurance for them (I mean even down the road as they become adults). Taking out a life insurance policy now would be a little piece of mind for later. Things I never really thought about!