CHILDREN'S WHOLE LIFE INSURANCE
Give your child the gift of a lifetime: a whole life insurance policy up to $50,000 that’s guaranteed for life. It’s easy to get started with a single phone call to a licensed agent. Call 1-855-200-5372.
Coverage starts at about $5/month*—and a price that’s locked-in for life. TruStage Children’s Whole Life Insurance is permanent coverage that’s guaranteed never to decrease, and the cost never goes up as long as payments are made.
Coverage that helps protect your child into adulthood. Your child can keep this insurance for life—and even increase the coverage amount with no health questions or medical exam.
Children’s whole life is for grandchildren1, too. In most states, grandparents can purchase whole life insurance for their grandchildren. Securing this coverage when they’re young means your grandchildren will be guaranteed the protections life insurance can help provide for the rest of their lives, as long as payments are made. And the cost will never be lower.
In most states, grandparents are able to purchase whole life insurance for their grandchildren. State laws prevent grandparents from policy ownership for grandchildren who live in CO, MA, MN, NC, NY, PA and WA.
You can apply for whole life insurance for multiple children with a single phone call. Each child will be issued an individual policy, but you can continue to service them with just one phone call to TruStage.
If you elect to add the Guaranteed Insurability Rider to your child’s policy, s/he will have the option to purchase additional coverage at ages 25, 28, 31, 34, 37 and 40 or upon a major life event such as marriage. This additional coverage does not require any additional medical questions or exam. The maximum number of coverage increases is 6.
Once the policy is in effect and as long as premiums are paid, your child’s policy cannot be cancelled by the company.
Over time your child’s policy will accumulate cash value. This is the amount of money that would be available to you should you need to take a policy loan or choose to surrender the policy.