Life Insurance for Every Stage in Life

Why would you want life insurance for a child?

A whole life insurance plan, whether funded with a single premium, or paid for monthly or annually, can guarantee future insurability for that child. The protection doesn’t go away and actually accumulates a cash value. The lower premiums are locked in with the younger age (baby to teen age). What a great lifetime gift!

• Future Guaranteed Insurability
  Many life insurance plans include an option to purchase more coverage at a later age without having to prove insurability. This could be significant when a person becomes uninsurable after initial coverage was established, they could be unable to obtain additional coverage otherwise.

• Cash Value Accumulation
  This is a living benefit that permanent life insurance plans have; a savings element. A person can 'buy term and invest the rest', but people don't usually follow that advice.

• Final Expense Plan
  Small permanent life insurance plans can be used to fund final expenses. These may range from $10,000 to $15,000.

• Lock in Lower Premiums
  Lower rates are locked in when issued at younger ages and when the person is in good health, as opposed to waiting to apply for coverage when the person is older and not as healthy.

 Benefits are only generally described here. Products may vary by state. Some products are not available in every state. Please read the policy for exact details on benefits and exclusions. If there is a discrepancy between the product as it is generally described here and the policy or rider issued to you, the provisions of the policy or rider will prevail.