Gift Ideas for Children and Grandchildren

Do you struggle with gift ideas for your children or grandchildren because they have everything they need? Why not give them a head start for tomorrow? There are many reasons for buying permanent life insurance on a child, and some of the reasons may surprise you.

Why Permanent Life Insurance?

1. To protect a family's financial security by making funds available for final expenses and so parents can take a leave from work to help deal with the loss.
2. To provide permanent insurance based on the age of the child. The earlier you buy a policy the less expensive it is. The premiums can be paid up in as early as 20 years and the coverage stays in place for the child's lifetime.
3. To protect the insurability of the child. There is an option to guarantee the insurability of additional coverage amounts (up to $500,000). The insurer will use the child's current health status as the basis for future options. At set times during the child's life, they may turn on additional coverage without having to prove their health. Future options are available between the ages of 21 and 45, which is generally their highest risk years when they are buying houses and having babies of their own.
4. To provide access to cash values within the policy, if life throws a curve ball.

Permanent Life Insurance is a simple and affordable option that protects your child for their entire life. It's a gift that lasts a lifetime.

For More Information

Send me a quick email with your child's date of birth, smoking and health status and I can provide you with a no obligation quote. Contact Heidi Related Articles Life Insurance Isn't Something You Should Set and Forget