Life Insurance for Children

Understanding Life Insurance For Children

How is Life Insurance for Children useful?

Apart from covering funeral expenses, counselling services, or medical bills in the event a child passes away, Life Insurance can also help cover the medical expenses of a child who develops a serious illness early in life. Having Life Insurance in place may also increase the chances of the child qualifying for a policy later on. Once the child reaches adulthood, they may be able to withdraw the accumulated amount, depending on the policy.

Do you need Life Insurance for your children?

Before deciding to buy a policy for your child or children, consider your finances and family situation carefully. The primary purpose of Life Insurance is to cover expenses and debts if an income is lost due to the death of a provider. Review whether your current policy provides sufficient cover for your family and do your research to make the best decision for your family’s needs.

Compare 12 of SA’s top Life Insurers

All our Life Insurance partners are licensed Life Insurers and FSP’s, vetted to meet our internal compliance and quality standards.

We are always trying to add more brands for our customers. If you don’t see a brand, that’s their decision.

SA’s Leading Life Cover Comparison Site

Once you go Hippo, you don’t go back. Just ask these customers:

Used twice over the last week to get quotes for different scenarios. Both times the quotes loaded quickly, there was multiple options and as I had to leave the website, I got a WhatsApp after as well on which I could click the desired option which was nice

Penelope

its a free digital comparison platform in South Africa that saves you the time of calling individual insurers. It allows you to enter your details once to instantly retrieve side-by-side quotes from up to 12 trusted providers.

Anonymous

With hippo you will never go wrong.They give you different insurance quotes to choose from and after choosing you will receive a call from the insurance of your choice.So thank you hippo I managed to get insurance cover because of you.

Elisabeth

Independent Service Rating based on 20 704 service ratings.

Cover for the little lives that matter most

Frequently Asked Questions

What is Life Insurance for Children?

Life Insurance for Children is a policy taken out by a parent or legal guardian that provides financial support if a child passes away or develops a serious illness, depending on the benefits included. These policies are often designed to help cover funeral costs, medical expenses, or counselling services.

Why would parents consider Life Insurance for their children?

Parents may consider Life Insurance for Children to reduce the financial burden associated with unexpected medical treatment, counselling, or funeral expenses. Some policies also allow children to transition to adult cover later in life, which may be beneficial if health conditions develop early.

Does Life Insurance for Children build cash value?

Some children’s Life Insurance policies may accumulate value over time, depending on the product type. This value may become accessible when the child reaches adulthood or when the policy is converted, but benefits and access differ between insurers.

Is Life Insurance for Children the same as Funeral Cover?

No. Funeral Cover typically pays a fixed amount to cover funeral-related costs only, while Life Insurance for Children may include broader benefits such as illness cover, value accumulation, or conversion to adult Life Insurance. Coverage varies by provider and policy type.

Expert Tools, Tips and Guides

Explore our Life Insurance guides, from basic policy explanations to specialised cover like Mortgage Life Insurance, joint cover and high-risk options.

What is a Life Insurance policy?

Find out how Life Insurance works, what it covers, and how to choose a policy that fits your needs.

Life Insurance for Over 50

Explore Life Insurance options for people over 50, including cover that pays a lump sum to your beneficiaries.

High-Risk Life Insurance

See how insurers assess higher-risk jobs, hobbies and health profiles, and what that means for your premiums.

Joint Life Insurance

See how one policy can cover you and your partner under shared terms, and when a joint policy makes financial sense.

Traditional Whole Life Insurance

Learn about lifelong cover (often up to age 95), fixed premiums and guaranteed payouts to your beneficiaries.

Term Life Insurance

Understand fixed-term cover, how it works for temporary needs, and what happens when the term comes to an end.

Pre-Existing Medical Conditions

Find out how existing health conditions affect your Life Insurance application, waiting periods and exclusions.

Mortgage Life Insurance

See how this type of cover protects your bond by paying off the outstanding home loan if you pass away.

Critical Illness Cover

Learn how Critical Illness Cover works, what conditions may be covered, and how payouts can help with treatment and recovery costs.

Universal Life Insurance

Explore flexible life cover that can adjust over time, and learn how premiums and benefits may change based on your needs.

Life Insurance for Parents

Learn how to take out cover for your parents when they can’t do so themselves, or add them to your existing policy.

Compare more than just Life Insurance

With Hippo we make it easy to find great deals across multiple products.

Funeral Cover

Covers the immediate costs associated with a funeral. Premiums are influenced by your age, number of policy members and amount of cover.

Medical Aid

Gives you access to private healthcare. Compare plans, benefits and costs to find the right fit without paying for cover you don't need.

Home content insurance

Covers your home's contents against damage, theft and loss. Compare quotes to find the most competitive rate.

Business Insurance

Protects your business’ property, assets and third-party liability. The right cover depends on the nature, size and risk profile of your operations.

Personal Loans

Compare rates across multiple lenders to find a fair deal. Rates vary based on your credit profile and chosen loan term, so comparison matters.

Car Insurance

Covers your vehicle against damage, theft and third-party claims. Premiums vary by driving history, usage, vehicle model and where you park overnight.