I have steam heat & a boiler. Pipes are insulated w/ asbestos that's wrapped with aluminum foil and duct tape.

My son spends quite a bit of time in the basement where the pipes are. We were told a few years ago that as long as the insulation was undisturbed there should be no concern. But of course as a mom, I am concerned. What can I do to make sure that my kids are safe? We don't have a lot money to have it removed. Is my son safe? What are my options?