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Missing Child Ayla Reynolds’ Life Insurance Policy Is Too Strange to Ignore

by Jeanne Sager on February 15, 2012 at 12:33 PM

Ayla ReynoldsAnother day, another chilling revelation in the case of missing child Ayla Reynolds. Two months after the then 20-month-old toddler disappeared from her crib in her Waterville, Maine home, her mother, Trista Reynolds, is telling the media that the girl's father, Justin DiPietro, took out a life insurance policy on the child. It's looking like any benefit of the doubt people were willing to give the man who was the last person to see his daughter alive is about to go out the window.

I hate to jump to conclusions here, but I just don't see how DiPietro is going to explain this one away. Especially when you look at the timing.

According to Reynolds, the policy was taken out just a week after DiPietro took custody of the little girl while her mom entered rehab. That was in October, when the Maine Department of Health and Human Services placed the child in her father's care. Two months later -- just as Trista was applying for full custody -- the girl was gone. As Reynolds says on the site she maintains for information about her daughter:

Now, why did he take out that life insurance policy? I'm still trying to figure that one out myself. Because who takes a life insurance policy out on their own child.

Life insurance on kids in and of itself isn't completely crazy. There are people who buy these policies. It's significantly less costly to apply when a person is young and in the prime of health. Not to mention some people use these policies as a means to save for a kid's future. So maybe DiPietro has a reasonable explanation.

But then again ... is reason really possible here?

When you consider this type of insurance is supposed to offset a loss of income, and kids don't actually have an income, it's a little silly. Ask a financial advisor about life insurance policies on little kids, and they're likely to tell you to invest in a college savings plan instead. No wonder less than 15 percent of Americans under age 18 have a life insurance policy.

No one can determine guilt here other than the police. But knowing that Justin DiPietro was the last person to see Ayla Reynolds before she went missing, and knowing he took out a life insurance policy on the toddler, it's hard not to jump to conclusions.

Do you have life insurance on your kids?

 

Image via National Center for Missing & Exploited Children

Filed Under: missing person

Comments

46
  • P2The...
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    P2TheDoodle

    February 15, 2012 at 12:38 PM

    Getting life insurance on a child can set them up for their future in terms of being able to buy their own life insurance. If your child does not have life insurance, and then is diagnosed with a serious illness, they become uninsurable.

    Say what you will, but life insurance can help mitigate the financial burden of extended health care costs or services. Not that anyone wants something to happen, but you just never know. It's always better to be safe than sorry. My mom bought life insurance for all three of us, and I plan to follow through with that theory.


  • cassi...
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    cassie_kellison

    February 15, 2012 at 12:41 PM

    Yes, only because we are in the Military and myself, son, and husband all have them. I don't know if it's necessary for my son and I to have one, but we do.


  • the4m...
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    the4mutts

    February 15, 2012 at 12:43 PM
    Um, all 4 of my kids hve 10,000$ life insurance policies.
    If something were to happen to them, I would not be able to pay for cremation, funeral, anything for them.
    There is nothing wrong with having a policy.
    At age 18, my kids get to decide to keep it, or use it for college. *its a "grow up" plan*
    Nothing suspicious about a parent getting custody, and being responsible enough to get insurance.
    Well, not in and of itself.
  • Mykid...
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    Mykidsrock812

    February 15, 2012 at 12:50 PM

    My mom worked for an insurance office for years, so yes, we have life insurance on our kids. Its a small amount of insurance that is really cheap since we got it when they were so young. And the policy doubles and belongs to them when they are 21, but the yearly premium doesn't change. It is good to have for several reasons.


  • Charm...
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    CharmingKiki

    February 15, 2012 at 12:51 PM

    I had an insurance policy for my daughter when she was very small (still do, but she's a teen now). I purchased it after a friend lost her daughter and couldn't afford a funeral. It's not completely unreasonable for a parent to have a policy, but the timing is certainly suspect.


  • Joyce...
    -- Facebook comment from

    Joyce Stafford

    February 15, 2012 at 12:55 PM

    I thought I was being a 'responsible' parent when my son was born and I started him on the Gerber "Grow up plan" which is considered life insurance. Don't judge - maybe it's completely unrelated. However, if he tries to collect he's in for a surprise - most of those plans require you to have your policy for at least a year or there is no payout.


  • Sweet...
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    SweetPieMama24

    February 15, 2012 at 12:55 PM

    I have a policy on my son (who is now 2) and he's had it since less then a year old. My daughter is next once I get enough money to be able to afford it. I work in the insurance field and you're a fool to not have a policy. I agree with 4mutts - my kids can become owners of their own policy once they are old enough. If you get the policy at such a young age, the premiums are almost laughable!

    Now of course it's another question when you buy life insurance and a week later the kids goes missing - then of course it's shady. But not every parent has those cruel intentions.


  • Mme....
    -- Nonmember comment from

    Mme. Garlic

    February 15, 2012 at 12:56 PM
    No, but we did invest in 529 plans years ago, and their value has tripled and will really help with their college expenses, starting this fall when our oldest goes to college! So do it if you can!
  • AyaTa...
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    AyaTachihara

    February 15, 2012 at 1:02 PM

    I think that it's acceptable to have an insurance policy for your children, but come on now. He takes custody of her and a week later takes out a life insurance policy? This is a guy who wants us to believe he is idiot enough to not have known his daughter was taken out of his house, but we are supposed to believe that he was smart enough to take our an insurance policy just in case something happened to her? The second the mother wanted her back, she disappears under VERY suspicious circumstances. I have said from the beginning that her father did this. If he didn't, he is covering for whoever did. This poor baby is gone. I would be willing to bet a sizable amount of money that her father planned to wait a little while, then have an "accident" happen. Maybe someone should look into how her arm was really broken. Perhaps he already attempted an "accident" that didn't go down like he planned? Cause I just don't buy his story about falling on her. I look forward to the day when they catch this guy and lock him up. 


  • stace...
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    stacey541

    February 15, 2012 at 1:02 PM

    I have a policy on the entire family-the higher payout if either my husband or I should pass, and a small amount if one of the kids should-we got it because there is no way we could pay for the last expenses if something should happen. I would want the only thing to worry about at that point is my family's greif, not money.


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