https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Fri, 01 May 2026 13:50:13 +0000 https://boards.hellobee.com/topic/death-benefits-for-children#post-2639060 Wed, 19 Oct 2016 11:12:00 +0000 Boogs 2639060@https://boards.hellobee.com/ <p>We don't, but don't have a good option for it through DH's work so not sure what pricing is elsewhere. We also don't have any for me and we've been meaning to take care of that and this thread makes me think we need to make looking into this a priority. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638922 Wed, 19 Oct 2016 08:58:17 +0000 MrsBrewer 2638922@https://boards.hellobee.com/ <p>My mom just opened a whole life insurance policy for LO. She said she plans to do this with all grandkids. It's 25k whole life. She plans on paying all the premiums until, well.....she dies.. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638916 Wed, 19 Oct 2016 08:56:06 +0000 LuLu Mom 2638916@https://boards.hellobee.com/ <p>Yes, we have 10K on each child, it's actually something my parents do for us through a program they get for a very low cost (I think it's through AARP but I could be wrong.) It's morbid, but at least if something God forbid would happen, we would not be paying out of our savings to bury our child and/or loss wages.</p> <p>my in laws still have a policy on DH they've had since he was a kid. They've offered us to pay it out but it didn't seem worth it for the amount we would get. WE do have life insurance on both of us as well at a significantly higher cost, to cover the house/ect. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638912 Wed, 19 Oct 2016 08:52:55 +0000 kiddosc 2638912@https://boards.hellobee.com/ <p>We have $10K policies on both kids through work. It's something like a $1-2/month/kid. I think it's a smart thing to do. I don't want to have to worry about having to go back to work right away so we don't lose our house on top of losing one of our kids. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638792 Tue, 18 Oct 2016 22:03:15 +0000 KayKay 2638792@https://boards.hellobee.com/ <p>No, nothing to cover kids. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638751 Tue, 18 Oct 2016 19:36:38 +0000 wheres_c 2638751@https://boards.hellobee.com/ <p>Yup. $25K through work. Hubs and I have $500k policies each. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638731 Tue, 18 Oct 2016 18:57:08 +0000 MsMini 2638731@https://boards.hellobee.com/ <p>Not right now but I have been thinking about it. A friends 3 year old was diagnosed with brain cancer, and they luckily already had a policy on him because their broker told them that now it would be impossible for him to get decent coverage even as an adult (if he beats the brain cancer) due to his medical history. So their foresight could mean that he has life insurance that he otherwise would never have qualified for it was leftbubtil he was older. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638713 Tue, 18 Oct 2016 18:09:36 +0000 chopstixwife 2638713@https://boards.hellobee.com/ <p>No. We should be able to take care of any expenses that may occur. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638683 Tue, 18 Oct 2016 16:44:06 +0000 Jess1483 2638683@https://boards.hellobee.com/ <p>We put a rider on our life insurance policies--our agent suggested it because it meant they couldn't be denied coverage as they got older because they end up with some chronic condition. Or something like that. It's fuzzy... The amount is small, as is the cost. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638680 Tue, 18 Oct 2016 16:39:07 +0000 catomd00 2638680@https://boards.hellobee.com/ <p>Yes just a small policy through work. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638676 Tue, 18 Oct 2016 16:30:33 +0000 catgirl 2638676@https://boards.hellobee.com/ <p>My parents each had one for me so I assumed I would do the same but our insurance guy really didn't see a need for us to do it. He's a close family friend who I trust. He based it on our overall financial/insurance situation so we could always change our minds later. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638649 Tue, 18 Oct 2016 15:27:16 +0000 youboots 2638649@https://boards.hellobee.com/ <p>Yes through DH open enrollment 10k I think. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638645 Tue, 18 Oct 2016 15:25:09 +0000 Raspberry 2638645@https://boards.hellobee.com/ <br /><p><i>This comment has been deleted by the original poster.</i></p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638630 Tue, 18 Oct 2016 15:12:25 +0000 LAZB 2638630@https://boards.hellobee.com/ <p>No, but we plan on it </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638628 Tue, 18 Oct 2016 15:10:58 +0000 rachiecakes 2638628@https://boards.hellobee.com/ <p>Yes, it's in the package I'm offered through work. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638619 Tue, 18 Oct 2016 15:01:07 +0000 skipra 2638619@https://boards.hellobee.com/ <p>Yes, my dad actually got us the policies. Apparently my dad still pays for the policy they took out for me as a baby too. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638616 Tue, 18 Oct 2016 14:51:11 +0000 Corduroy 2638616@https://boards.hellobee.com/ <p>No and we don't plan to. We could afford the burial and lost work time. A coworker lost a child recently and my typically stingy company was pretty generous with leave.</p> <p>I might feel differently if I we were one income or self employed. My cousin passed in a DUI car accident. Her dad was self employed so all the time he took to grieve and attend the trial hit them pretty hard financially. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638600 Tue, 18 Oct 2016 14:29:24 +0000 tequiero21 2638600@https://boards.hellobee.com/ <p>Ugh not yet. We've been meaning to do it for four years, when we first had our twins but four years later, we still haven't gotten around To doing it. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638599 Tue, 18 Oct 2016 14:24:21 +0000 psw27 2638599@https://boards.hellobee.com/ <p>I don't think we do for LO. I guess I should look into it. sigh. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638549 Tue, 18 Oct 2016 13:19:26 +0000 Mamaof2 2638549@https://boards.hellobee.com/ <p>@Cole: I never even thought of those others things to consider - only the burial.... guess I should look into this! </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638544 Tue, 18 Oct 2016 13:16:10 +0000 Alivoo01 2638544@https://boards.hellobee.com/ <p>I have policies on DH and I, but not on the kids (yet). We've considered it, but decided against it. Will reconsider when it comes up again. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638543 Tue, 18 Oct 2016 13:14:12 +0000 Mrs. Goose 2638543@https://boards.hellobee.com/ <p>Yep, just got it done earlier this year. We're keeping it for 20 years I think and then we decided children would be old enough that they would be fending for themselves or starting to. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638538 Tue, 18 Oct 2016 13:07:25 +0000 skinnycow 2638538@https://boards.hellobee.com/ <p>We do. DH's work offers a $10k policy and it was cheap. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638519 Tue, 18 Oct 2016 12:48:28 +0000 T.H.O.U. 2638519@https://boards.hellobee.com/ <p>Yes! </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638515 Tue, 18 Oct 2016 12:45:45 +0000 FaithFertility 2638515@https://boards.hellobee.com/ <p>We both have life insurance .....DH obviously with his job his is high risk and a huge payout, but mine is $15,000<br /> We also have $10,000 on G! </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638509 Tue, 18 Oct 2016 12:43:42 +0000 mediagirl 2638509@https://boards.hellobee.com/ <p>No, we don't have that type of insurance on her and don't plan to. If our baby dies, we will have the means to cover whatever it costs to bury her properly and with respect and love. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638508 Tue, 18 Oct 2016 12:43:14 +0000 meadow 2638508@https://boards.hellobee.com/ <p>I do. Yes it is morbid, but think of it as an investment. The policy is something I will pass along to them in 20ish years and will protect them as adults for their own families. The younger you are when you start a whole life policy the cheaper the annual premiums are FOREVER. So I'm saving them money down the line! </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638503 Tue, 18 Oct 2016 12:39:58 +0000 Smurfette 2638503@https://boards.hellobee.com/ <p>Yes we have a life insurance for DH, me, and LO. DH and I both have additional ones through work, but they aren't much. </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638500 Tue, 18 Oct 2016 12:38:54 +0000 winniebee 2638500@https://boards.hellobee.com/ <p>@Cole: yeah that's the thing too. there are other ancillary expenses to consider. so depressing to even think about! </p> https://boards.hellobee.com/topic/death-benefits-for-children#post-2638495 Tue, 18 Oct 2016 12:34:42 +0000 lawbee11 2638495@https://boards.hellobee.com/ <p>Yes, through DH's work. We pay less than $1 per paycheck and it covers $10K for me and $5K for LO. I have a separate life insurance policy for myself through a private company. </p>