Whoa! Wow! The mother went to pick up the kid at daycare who was left in a hot car. She said:

[SickOfTheOnePct]

88. Yes, I'm aware that whole life is much more expensive than term life

The "bit more" was in reference to the ability for our daughters to continue to increase the insurance amount at milestone points in their lives, regardless of their health status.

I agree, no parent should want to profit from the death of their child, but I don't agree with the contention that there is no reason to insure a child except to pay for burial expenses. I believe that we had a very good reason to buy life insurance for our daughters, i.e., we wanted to ensure that they would always have life insurance, even if health issues should come up later in their lives. My family lived the result of a husband and father dying with no life insurance, and we wanted to make sure our daughters weren't in that position.

My ex and I still pay the premiums for our daughters, and will continue to do so until they are in a position to pay themselves. If they choose not to continue the insurance, it's their choice, but we don't regret for a second buying the policies.