#everyoneneedsaplan for child trauma insurance
Posted by G. Dean McKinnon
on 21 March 2018
Are you covered if your child suffers a major medical trauma?
What happens if your child is diagnosed with a disease or medical condition? You can't continue to work! How do you pay your bills when you are taking care of your child?
- Child trauma insurance can be included as an optional benefit to a life insurance policy (but you cannot purchase child trauma insurance on its own).
- The initial maximum insured benefit is $200,000 (and indexed each year to keep pace with inflation).
- The cost of child trauma insurance is approximately $200 per year.
Still not convinced? Please watch this video from AIA Life which explains (from an actual claimant) what child trauma is and how it can be a valuable type of cover if your child suffers a major medical trauma. Grab the tissues!
Author:G. Dean McKinnon
Tags:InsuranceSocial Security |
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