Have blogged about this recently, not only because I am an independent advisor and able to distribute them, but because I also doing research for my now-4 month old baby.
Saw some people suggesting term, thats like getting payout if the assured passes away, that is doesn't fulfill a good objective tbh.
Instead, you need a Whole Life plan with Early Stage Critical Illness Rider, the main thing is it is cheap to buy younger and more importantly, if unfortunately kid diagnosed with Early Stage Critical Illness, one or both parent may need to resign from work temporarily to take care of kid. So the payout from kid's Early Critical Rider will help tide over financially.
In any case, don't PM me, I won't PM you. Instead, post your replies here for open sharing ya?
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