Life Insurance

Children’s Whole Life Insurance Benefits From United of Omaha Life Insurance Company or Companion Life Insurance Company

Children’s whole life insurance benefits are designed to help protect your child and your family - from the time you sign up and into their adult lives. Coverage can be obtained when the child is anywhere from 14 days old to 25 years old, and the benefits last even longer.

For a low introductory rate (see one of our local agents for more detailed information) your child can be protected by as much as $30,000 in benefits. In addition to helping provide for your family if necessary, these benefits accumulate cash value over the life of the policy. In turn, this cash value can be borrowed against to provide for college expenses, emergencies or other situations.

These benefits are available at affordable rates, based on age and the amount of coverage desired.

Benefit Levels & Duration

Benefit levels range from $5,000 to $30,000. It’s important to remember that the children’s whole life insurance policy can be doubled at age 30, 33, 36, and 39. Starting out with a $30,000 benefits package means you may conceivably purchase up to $150,000 in benefits on this policy before the age of 40.

By locking in your child to one of these insurance policies in their youth, you also guarantee a certain level of coverage in their adult years - no matter what health concerns arise. Future health concerns, dangerous jobs or hazardous hobbies that may inhibit their ability to purchase life insurance as an adult are not an issue if they have a children’s whole life insurance policy. This children’s insurance policy is designed to grow with your children, and there will never be another health or lifestyle questions asked when you wish to take advantage of purchasing additional coverage. Your investment now will grow into a mature adult whole life insurance policy as the years pass.

Cash Value Benefits

Building cash value with your children’s whole life insurance policy help provide you and your child with added protection against unexpected events in your lives. You can borrow against the cash value for assistance with bills, college payments, or other events.

The cash value of your children’s whole life insurance policy builds over time. Each time you make a premium payment, a small portion is invested in the cash value aspect of the policy. This accumulates throughout the life of the policy for your child.

Guaranteed Coverage

Children’s whole life insurance guarantees coverage for your child in their adult years. By investing now, you help protect your child for the future by ensuring they will have a form of life insurance when they are an adult. This in turn helps protect their family, as you have the opportunity to double their coverage in their 30s. Give the gift of peace of mind to your child or grandchild today. Invest in children’s whole life insurance - beginning at an affordable introductory rate for qualified customers - by calling your insurance agent today.

Other Children’s Whole Life Insurance Resources:

active-arrow