Life Insurance for Kids

Life insurance for children is not about expecting the worst; it is about building a foundation for their future. Whether you are securing guaranteed coverage early, creating a financial legacy, or simply planning ahead, this policy offers lifelong value and peace of mind.

What Is Children’s Life Insurance?

Children’s life insurance is a permanent policy purchased by a parent, grandparent, or guardian. It provides a modest death benefit, builds cash value over time, and guarantees future insurability—regardless of health changes later in life. These policies do not expire and can be transferred to the child when they reach adulthood.

Who Is It For?

Parents who want to lock in low rates and long-term protection.
Grandparents looking to leave a lasting financial gift.
Families with health concerns who want guaranteed future coverage.
Anyone focused on legacy, stability, and generational planning.

General Policy Highlights: Universal Features That Apply Across Carriers

Eligibility: Available for children ages 14 days to 17 years.
Plan Type: Whole Life / Permanent Coverage.
Coverage Amounts: $5,000 to $75,000 in face value.
Simplified Issue: No medical exam; only limited health questions.
Premiums: Level for life; never increase with age.
Coverage Duration: Guaranteed until age 100, as long as premiums are paid.
Future Flexibility: Additional coverage available without proof of insurability.
Stable Benefits: Rates never increase, and benefits never decrease.
Cash Value Growth: Earns interest; can be used for loans or withdrawals.
Ownership Transfer: Transfer the policy to your child when they reach adulthood.

Paths to Protection: Carrier-Specific Options

Eligibility: Between the ages of 15 days and 17 years.
Plan Type: Whole Life / Permanent Coverage.
Coverage Amounts: $5,000 to $75,000 in face value.
Simplified Issue: No medical exam; only limited health questions.
Premiums: Level for life; never increase with age.
Coverage Duration: Guaranteed until age 121, as long as premiums are paid.
Stable Benefits: Rates never increase, and benefits never decrease.
Cash Value Growth: Earns interest; can be used for loans or withdrawals.
Built-in Benefits (at no additional premium):
- Common Carrier Accidental Death Rider: May provide an additional benefit if death is due to an accident or accidental injury that happens while riding as a fare-paying passenger on a common carrier, such as a plane, bus, or train.
- Family Health Benefit Rider: May provide a payment to help you cover some family health expenses (such as an ambulance ride) that occur as a result of certain natural disasters, which include hurricanes, tornadoes, and earthquakes.
- Accelerated Death Benefit Rider: May allow you to receive a payment of a percentage of the accelerated death benefit if the Insured is diagnosed with a terminal illness.
- Guaranteed Insurability Rider: Offers an opportunity to purchase additional coverage on the life of the insured (maximum of $50,000) on each option date, without additional evidence of insurability, based on the following life events:
  - - Ages 25, 28, 31, 34, 37, and 40.
    - Marriage.
    - Birth or adoption of a child.

Eligibility: Available for children ages 14 days to 14 years.
Plan Type: Whole Life / Permanent Coverage.
Coverage Amounts: $5,000 – $35,000 in face value.
Face amount doubles at the age of 18: The inital face amount automatically doubles when the insured turns 18, and the monthly premium will not increase.
Simplified Issue: No medical exam; only limited health questions.
Premiums: Level for life; never increase with age.
Coverage Duration: Guaranteed until age 120, as long as premiums are paid.
Stable Benefits: Rates never increase, and benefits never decrease.
Cash Value Growth: Earns interest; can be used for loans or withdrawals.
Guaranteed Insurability Option (GIO) included: The insured has six (6) future options to purchase additional policies, equal to the inital face amount. The option dates will be the Policy Anniversaries on which the insured’s age is 25, 28, 31, 34, 37, and 40, without proof of insurability and regardless of medical history, job, or extreme activities.

Eligibility: Available for children ages 14 days to 17 years.
Plan Type: Whole Life / Permanent Coverage.
Coverage Amounts: $5,000 to $50,000 in face value.
Simplified Issue: No medical exam; only limited health questions.
Premiums: Level for life; never increase with age.
Coverage Duration: Guranteed until age 100, as long as premiums are paid.
Stable Benefits: Rates never increase, and benefits never decrease.
Cash Value Growth: Earns interest; can be used for loans or withdrawals.
Waiver of Premium Due to Death of Owner: If the policy owner passes away while the policy is active, premiums for the policy and all attached riders will be waived for a one-time 90-day period. This benefit becomes available 24 months after the policy issue date and does not reduce the death benefit.
- Guaranteed Insurability Rider: Allows the child to increase coverage up to five times without any evidence of insurability based on the following life events:
  - Ages 25, 30, 35, and 40.
  - Marriage.
  - Home purchase.
  - Birth or adoption of a child.

Common Questions

Is this just for funeral costs? No.while it does provide a death benefit, the real value is in long-term financial growth and guaranteed coverage.
Can I afford it? Children’s policies are often surprisingly affordable. We will help you find a plan that fits your budget and goals.
What if I want to use it for college or a down payment? Cash value can be accessed through loans or withdrawals, making it a flexible tool for major life milestones.

Ready to Start?

We will walk you through every step—from choosing the right carrier to customizing your coverage. Whether you are a parent, grandparent, or guardian, we are here to help you protect what matters most. Call us today to schedule a consultation or click here for a free quote.