Yes, if you are the grand parent, you may purchase life insurance for your grand child.
Parents and grand parents have an insurable interest in their children, and/or grand children.
There are many insurance companies offering child and grand child life insurance plans, including Prudential, Gerber Life, and Globe Life and Accident Insurance Company.
Most grand child life insurance plans offer a low limit of coverage and low rates. In addition, there's usually no medical exam required to buy a policy.
Grand child life insurance plans may build cash value inside the policy, and allow the insured to increase the amount of life insurance coverage when they reach adulthood.
Here's how to learn more about grand child life insurance policies and request a quote.
Insurance without any Medical Exam,
Just a Few Health Questions.
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