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If budget is not a concern. Then individual policies on every one. Also individual DI, CI LTC.
On Child Riders. A $20,000 CldRdr = $5.(all children) Standalone policy is about $12. base, each, Add GIO. Difference = $7. for one child.
The chlid rider is normally convertible to 5xs at age 25. @ 25 $20,000 = about $15. - $100,000 = about $55. for WL @25
On one child not a big difference, $7.. On three children, $31., That could = a $225,000 30 yr term policy W/WP &ABR. (f 30 P)
Just a different perspective.
On the GIO. A couple years ago. I helped a consumer on here with a couple Pru options. He has been on disability waiver since the policy was issued. Pru allowed the purchases under waiver. In his case the GIO and WP was the best.
Sometimes we deal in what ifs in this business.
On Child Riders. A $20,000 CldRdr = $5.(all children) Standalone policy is about $12. base, each, Add GIO. Difference = $7. for one child.
The chlid rider is normally convertible to 5xs at age 25. @ 25 $20,000 = about $15. - $100,000 = about $55. for WL @25
On one child not a big difference, $7.. On three children, $31., That could = a $225,000 30 yr term policy W/WP &ABR. (f 30 P)
Just a different perspective.
On the GIO. A couple years ago. I helped a consumer on here with a couple Pru options. He has been on disability waiver since the policy was issued. Pru allowed the purchases under waiver. In his case the GIO and WP was the best.
Sometimes we deal in what ifs in this business.