Should I obtain life insurance for a daughter with a child?

ABSOLUTELY, for the sake of the grandchild if anything happens to the mother then having some extra money for bringing up the grand child for clothing, education, transportation when the grandchild is of driving age is very, very important plus the funeral expenses of the mother.  Typically the cost for a 20 year level term policy for 28 year old in good health could come to $230 a year for $250,000 coverage. 

Life insurance is a great idea for your young adult child and a $5,000 or $10,000 child rider may be added to the policy to cover the grandchild.  If have any questions or would like a quote please call Flanigan Insurance Agency at 314-727-6000.