Children’s Insurance FAQ
-
Children's insurance is a life insurance policy designed to provide coverage for a child while helping secure their future insurability. These policies often include guaranteed coverage that can continue into adulthood and may build cash value over time. Children's insurance can also provide financial protection in the event of unexpected medical or life events.
-
The policy guarantees the child will have life insurance for life, regardless of any health issues they may develop later. It also acts as a small savings vehicle by accumulating tax-deferred cash value.
-
A portion of the premium builds cash value at a guaranteed rate. When the child grows up, they can borrow against this cash value to help fund major milestones like a college education, a first car, or a home down payment.
-
As the policyowner, you maintain full control of the policy until you choose to transfer ownership. Once transferred (typically between ages 18 and 25), the grown child becomes the owner and assumes the premium payments.
-
Yes. Most children’s policies include a "guaranteed insurability rider." This allows the child to purchase additional coverage at specific ages or life milestones as an adult without ever needing a medical exam.
Every child dreams of who they will become. As parents and grandparents, we have the privilege of helping protect those dreams. A Children's Life Insurance Policy creates a foundation of lifelong protection, helping ensure that when opportunity calls, they're ready to answer. Because the future they're reaching for deserves protection every step of the way.
Give Your Child a Financial Head Start
Lock in the lowest rates of their lifetime and guarantee their financial protection forever. Start a policy for your child or grandchild today.