The Gift of Life Insurance for Children

When Jade, a manager in the Sales and Marketing Division at Auto-Owners Insurance, welcomed her newborn son into the world, she and her husband made a decision many new parents don’t often think about: they purchased life insurance for their child.

As someone who helps manage IT priorities for Auto-Owners’ public website, agency portal, and agency information, Jade’s industry experience gave her a perspective many parents might not have. She understands that while we all hope to never need it, life insurance can be a critical safety net when the unimaginable happens.

Why Jade Chose Life Insurance for Her Newborn

"As a fairly new mom to my two children and as a stepmother, I never want to think about outliving my children," Jade shared. "But being in the industry that I am and seeing things from a claims perspective, I know that sometimes tragedies happen, and you have to be prepared."

She continued, "There are so many people who think, 'It’s never going to be me. It’ll never be my child, or my family.' But the truth is, we never really know. Every day is a gift. There’s a great deal of comfort knowing that, God forbid, if something happened, we would have financial help and support."

Planning Ahead—Even Before Birth

While many parents start thinking about life insurance after their children are born, Jade and her husband decided to plan ahead. Her experiences at Auto-Owners played a big role in that decision.

"In my time here, I’ve known associates who have experienced extreme loss," Jade explained. "I’ve also witnessed tragedies outside of work, among family and friends. The shock and grief of an unexpected death is overwhelming enough. Adding financial burdens on top of that must be an incredible weight to bear."

Choosing the Right Plan

When it came to choosing coverage, Jade and her husband decided to add a term rider for their son onto her own life insurance policy.

"We selected a coverage option we felt comfortable with," she said. "It wasn’t too difficult for us. The hardest part was emotionally grappling with the idea that something bad could happen to your child at such a young age."

The Importance of Early Insurability

One often overlooked advantage of buying life insurance for a child is locking in their insurability.

"There’s always a possibility that a child could develop a health condition later in life," Jade noted. "The sooner you purchase life insurance, the better your chances are to maintain continuous coverage without needing to worry about future health factors."

A Unique Industry Perspective

Jade admits that if she didn’t work in the insurance industry, life insurance for her child might not have crossed her mind so early.

"I think if I worked in another industry, I wouldn’t have thought to get a plan," she said.

"Fortunately, Auto-Owners does a great job of educating employees on the importance of life insurance. That education influenced our decision. When you think about the benefits Auto-Owners offers for life insurance, it’s truly a gift.”

Give us a call and experience the difference today: 478-745-7200.