How do you guys feel about life insurance policies for kids?
What people don't talk about with these is that when your child becomes an adult (far and away the most likely scenario), it gets a little complicated.
My parents took out a policy on me when I was a kid. Now I have to decide between continuing to make payments on something I don't want or need, or cancel the policy my parents so thoughtfully paid into for 20+ years.
Don't do that to your kids.