Life Insurance for Children: Insights From Mehran Assadi in Wall Street Journal

A Wall Street Journal guide to life insurance for children explains key pros and cons of purchasing coverage for kids and when it might make sense for families. The article notes that very young children typically don’t need life insurance, but there are situations — like guaranteeing future insurability or building limited cash value — where a policy might fit into a broader plan.

It also highlights that, for very young ages, a full medical exam isn’t required — just a health questionnaire, as explained by Mehran Assadi, CEO of National Life Group.

Agents can share this link with clients as an educational resource to help families understand whether child life insurance aligns with their goals. Sending it via email, text, or social media can spark valuable conversations and support more informed planning.

The ability of a life insurance contract to accumulate sufficient cash value to help meet accumulation goals will be dependent upon the amount of extra premium paid into the policy, and the performance of the policy, and is not guaranteed. Policy loans and withdrawals reduce the policy’s cash value and/or death benefit, loans will become taxable if the policy lapses or is surrendered, and if too much is taken out, the client risks lapsing the policy. Surrender charges may reduce the policy’s cash value in early years. Guarantees are based on the claims-paying ability of the issuing insurance company.

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