Children’s Whole life insurance is a type of permanent life insurance coverage designed for children 14 days old to age 17. Provide the gift of lifelong protection for your children and grand children through premiums that are guaranteed to never increase. Call us for a quote or questions regarding Children’s Whole life insurance at 713-369-0997
Children’s whole life and adult whole life are similar in most respects; both types of policies provide a fixed death benefit and a premium that will never increase, as well as the opportunity to accumulate cash value. The main difference is the issue age: while regular whole life is issued to people between ages 45-85, children’s whole life allows you to get coverage for a child age 14 days to 17 years and lock in that coverage for a lifetime.
All life insurance policies are intended to provide peace of mind, and children’s whole life is no exception. Buying life insurance for a child locks in a low premium and guarantees the opportunity to provide more coverage down the road, even if your child someday develops health issues or works in a high-risk occupation that would normally make it difficult to qualify for life insurance. Children’s whole life insurance is also an investment that accumulates cash value as your child grows up.
As with any life insurance policy, the cost of children’s whole life insurance depends on age, health and coverage amount. Getting life insurance coverage from a young age allows you to lock in a lower premium that will not increase over time, or acquire more coverage (up to the maximum) for the same price.
If you’re interested in buying whole life insurance for your child, discussing your financial goals with an agent can help you understand your options and find the right policy. An agent will answer your questions throughout the process and help you implement your child or grandchild’s policy, including any adjustments that may be needed over time. Contact us at quotes@policyagent.com or by phone at 713-369-0997 to start the conversation.
First, call to submit an application, which includes only a few health questions. Your application is reviewed to ensure completion, and as long as your child is qualified based on age, their policy will be issued and delivered.
Life Insurance Basics
Basic Information about Life Insurance- ife insurance coverage is your opportunity to provide for and protect the people you love most. By putting a plan in place to cover expenses that would occur in the event of your death, you can help secure their long-term financial future.
If you’re looking for the best life insurance policy for you, you need to consider your budget and your financial needs. We’ve created this quick comparison chart to help you make an informed decision. can cover burial expenses, is wise, even if a funeral seems far away