Life Insurance

Children's Whole Life Insurance - Costs From United of Omaha Life Insurance Company or Companion Life Insurance Company

Children’s Whole Life insurance rates are affordable to suit your budget. Helping protect your child and your family fits within your means with our stable rates.

Once your rate is established, it is locked in for the life of the policy. This provides your child with affordable life insurance throughout their life. This fixed life insurance rate helps protect them from inflation and market rates well into their adulthood.

Determining the Cost of Children’s Whole Life Insurance

The cost of your policy is determined by a short series of questions which can take less than 5 minutes. Click on the "Get a Quote" link to learn more.

Questions You’ll Be Asked

To apply for a Children’s Whole Life insurance policy, we’ll need to know your state, the age of the child you wish to insure, and the desired benefit amount of the policy. See our Children’s Whole Life insurance benefits resource for help determining how large your benefit amount should be.

Once you’ve entered your information, you’ll be able to see the projected premium for your Children’s Whole Life insurance policy. You will pay this amount per month after the initial introductory rate. One of our insurance agents can help answer any questions about additional options for your insurance policy.

Children’s Whole Life Insurance Premiums

The premium rate of your Children’s Whole Life insurance policy is fixed throughout their childhood and into early adulthood. In many cases, an affordable premium payment will help provide you with peace of mind and assurance for your child and your family. You can help your child set money aside for their future and guarantee their insurability into their adulthood.

The younger your child is at the time they are signed up, the lower the premium. By signing up your child at a young age, you will lock in a rate that last well into their adult years - saving both you and your child money.

Future Costs and Benefits

Your Children’s Whole Life insurance policy will provide your child with life insurance into adulthood, regardless of medical conditions or inherited traits. The policy offers the ability to purchase additional insurance at ages 30, 33, 36 and 39 that may double the initial benefit amount purchased. For your affordable monthly investment now, your adult child may be able to double their life insurance coverage from $30,000 to $60,000 with no medical exam, at age 30. By age 39, the benefit amount could conceivably escalate to $150,000. Help protect your child now, and in their future, with a monthly investment in our Children’s Whole Life insurance.

In addition to the possibility of increased benefits down the line, the insurance policy for your child will also accumulate cash value. Your investment will provide your child with the opportunity to borrow against the value of the policy, like all of our other whole life insurance policies.

Other Children’s Whole Life Insurance Resources:

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