No parent should ever have to bury their own child, and no one ever wants to talk about the possibility of the unthinkable. Unfortunately, these kind of unthinkable things do happen every day. The good news is that there are far more benefits to a Children’s Life Insurance that just a death benefit. These benefits will follow your child for the rest of their life!
Children’s Whole life insurance is a type of permanent life insurance coverage designed for new born children to age 17. Provide the gift of lifelong protection for your children and grandchildren through premiums that are guaranteed to never increase.
Children’s Whole life coverage may be right if you:
Want to lock in low childhood rates that will never increase
Want to guarantee coverage throughout adulthood regardless of future health or occupation
Want to invest in a policy that provides cash value, which will grow along with your child
Want to provide the opportunity to add more coverage in the future