QYR Market Research Global Juvenile Life Insurance market research | Page 3

QYResearch
• Juvenile Life Insurance is permanent Life Insurance that
insures the life of a child (generally under age 18). It is a
financial planning tool that provides a tax advantaged savings
vehicle with potential for a lifetime of benefits. Juvenile
Life Insurance, or child Life Insurance, is usually purchased
to protect a family against the sudden and unexpected costs
of a funeral and burial with much lower face values. Should
the juvenile survive to their college years it can then take on
the form of a financial planning tool.
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