Life Insurance for Disabled Children
Posted on April 21, 2008
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Sadly, there is no government or private insurance policy that is particularly created to care for the future needs of disabled children. On the other hand, a common life insurance can offer the security that you will need for the financial future of your disabled child or children. You can either get a term or a permanent (cash-value) life insurance to finance a special needs trust. The special needs trust is a legal agreement that will allow you to provide for the needs of your child in his entire life including after your death. The funds that will come from the trust will be given on top of the benefits he will get from the government.
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