Future Plans

My mom and I were talking about what kind of child life insurance we should get for Kendyll. We’ve always opted for the two policies for the kids. One is very inexpensive, provides a small amount of coverage and offers the option of converting to an adult policy at very reasonable rates when the kid is 21. The other is a one time payment of $2000 that provides scholarship money for college.

I always get the first policy for my kids and my mom gets the second one. I’m thinking about getting the second one for Kendyll. Anyone know of a better policy for kids?