Why purchase Life Insurance for children?
- Cash Value:
- These policies often include a cash value component that grows over time and can be accessed by the child in the future for any financial needs.
- Guaranteed Insurability:
- Juvenile life insurance ensures that the child has coverage for life, regardless of future health changes.
- Wealth Transfer:
- Policies can be transferred to the child when they reach adulthood, allowing them to manage the policy and its benefits.
- Fixed Premiums:
- The cost of the policy is locked in at the child's current age, making it more affordable over time as premiums do not increase.
Business Review
Most insurance companies are pushy, and only want to make the sales. Mike is amazing at what he does, and makes you feel like you are part of his family. If you have any questions, his office is straight to the point and are very helpful. 10/10 recommend giving them a call and letting them help you make your insurance needs easier.
"Best life insurance for children in August 2024" - Nerd Wallet -
