For most families, the primary value of Life Insurance is to protect a spouse and children until their children have completed their education and are financially independent.
By the same token, Life Insurance can provide needed financial security for adult dependent children long after both parents die. All it takes is a Life Insurance policy on one or both parents with enough coverage to provide income to their adult children as long as they are expected to live.
Being so affordable, Term Life Insurance is usually your best choice for this use. A prudent, independent Life Insurance agent who represents a number of highly rated companies can provide invaluable help. He or she can help you determine how much coverage you need, then impartially shop for your best rates.
SelectQuote is the oldest and largest Term Life Insurance company of this type.