With Life Insurance on Children and Grandchildren providing financial security for a lifetime a Parent or Grandparent can relax a bit knowing they are protected in case of unexpected tragedy.
- Low Rates; Insurance rates increase with age, locks lower rates in now.
- Guaranteed Insurability; Future health issues won’t affect insurability.
- Accumulates Cash for College; A nice option to have in today’s uncertain times.
- Paid Up Life Insurance: If you start early, you could finish early. One less worry.
- Does something for them that you’d wish someone would have done for you.
- Provides a financial education base to build on. As the policy matures, you’ve shown the growth and explained the benefits through the years. When you transfer ownership and your child finally takes the reigns, they know what it means and how to build their finances properly.