Give your children a head start on a lifetime of affordable coverage
Whole life insurance for children1 is an affordable way to provide your children (or grandchildren) financial protection now and for years to come. It also provides them with a stable savings vehicle via a guaranteed cash value from which they can borrow for any reason.
A lifetime of coverage and benefits
- Choose from policies ranging from $10,000 to $1,000,000
- Available for children 15 days to 14 years old
- The policy accrues a cash value which can be borrowed from for any reason2
- In many cases, the cash value growth is tax-free
- Low premiums which never increase
- Policy remains active even if health problems arise
- Eligible for dividends
Funds for the unexpected
No one wants to consider the possibility of the death of a child, but with the unthinkable comes unforeseen needs as you try to cope. Whole life insurance for children from SBLI can satisfy needs such as time off from work, counseling for family members, and burial expenses.
To buy or learn more,
Call Us: 1.888.630.5000
1Policy form series B-40, B-52, and B-54. 2Loans will reduce your cash value and death benefit. Unpaid loans are subject to ordinary income tax and, if taken prior to age 59 ½, a 10% federal tax penalty.