Skip to content

Baby Shoes or Life Insurance? What’s a Better Baby Gift?

Baby Shoes or Life Insurance? What’s a Better Baby Gift?

There’s a cute insurance commercial on television you may have seen. In it, a country singer and retired football quarterback come across a baby shower where ”mom” is opening a gift box. The quarterback says “I hope it’s a life insurance policy.” and the singer responds “What???” The quarterback goes on to explain that a life insurance policy is a practical gift. Turns out the gift is baby shoes, causing the quarterback/spokesman to exclaim “Doesn’t make sense. Babies can’t even walk.”

It may bring a chuckle, but there’s a lot of truth to that clever ad.

Whether it is baby shoes, boxes of diapers or hundreds of toys, we tend to gift babies and small children with items of temporary value. Some items may never be used, played with or worn. Yet, many children grow up without the benefit of a life insurance policy.

What “benefits” you may ask? Well, a life insurance policy not only insures the life of a child but ensures the child will have access to life insurance no matter what health issues may lie ahead in the lives. The appropriate whole life insurance policy can build value through the years. This can be a financial resource the child can borrow against to buy a car or help pay for college someday. It may even be “cashed in” at some future point, like taking money out of a savings account. The best part is that when life insurance is purchased on a young person, it is very affordable. If the child should decide to continue maintaining the policy as an adult, it could become a significant part of their retirement plan.

Whether you are a parent, grandparent, aunt or uncle, if there is a baby or small child in the family, consider gifting a life insurance policy. Maintaining those modest premiums annually can be a lasting gift that will always be remembered. It may also be a lot more practical than another toy or outfit they will outgrow in a few months.

Our independent agents know companies who offer terrific value when it comes to life insurance for children. Contact us for a quote today. It may be a gift that is a little “out of the box” but it is a lasting one with real value.


Do you have questions about your insurance? Find an insurance agent near you with our Agent Finder

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Search All Blogs

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

Buzz Your
Insurance Agent

Search for a local agent with our agent finder map.

Agent Finder

Want to learn more about
our blog writer?

Read more about KayLynn's background.

Search All Blogs

Search
Generic filters
Exact matches only
Search in title
Search in content
Search in excerpt

“Waiver of Premium” and Other Benefits Your Life Insurance Policy May Include

The Pages of Your Life Insurance Policy May Contain More Benefits Than You Think.

Can You Insure Income for Your Business?

Business Income Insurance Should Become a Part of Your Company’s Loss-Prevention Program.

Baby Shoes or Life Insurance? What’s a Better Baby Gift?

There is some truth to that commercial with a retired quarterback and country singer.

Is Increasing Deductibles a Good Way to Save on Insurance?

Increasing deductibles on insurance policies is not without its risks.

Odd, Unusual and Unique Things That Have Been Insured

If It Has Value, It Can Probably Be Insured.

We Bet You Didn’t Know THIS About Insurance Companies

There’s more to insurance companies than a variety of interesting spokespeople.

Insurance Fraud. Yes, It’s a Thing and Yes, It’s a Crime.

Insurance fraud has been the subject of books, movies, and real-life crime.

How Do My “Toys” Affect My Insurance?

Boys Toys Keep Getting Bigger…and More Expensive. Are You Covered?

They Don’t Make Cars Like They Used To…and That’s a Good Thing!

Fond Memories Can Fade the Fact that Classic Cars were Gas Guzzlers and Unsafe.

How Getting Married Changes Your Insurance Landscape

Marriage Changes Things…Including Your Insurance.

Leave a Comment





Translate »