Why Buy Life Insurance For Children?
THERE ARE SEVERAL IMPORTANT REASONS:
The most basic reason is to cover costs associated with an unexpected loss. But one of the most important reasons is to help protect a child’s future insurability. Children’s Whole Life Insurance
from United of Omaha Life Insurance Company is simplified coverage that’s easy to apply for.
Option 1 - Mutual of Omaha
- Available for ages 14 days to 17 years
- Available in face amounts of $5,000 to $50,000
- Level premiums for the life of the policy (policy matures at age 100)
- Parents/Guardians or Grandparents can purchase
- Additional policies may be purchased in the future without evidence of insurability
- 2 health questions
- Been in business since 1909
- Do NOT
need children's social security numbers to apply
Option 2 - Foresters
- Available for ages 14 days to 17 years
- Available in face amounts of $5,000 to $75,000
- Can do a 10 year pay or pay to age 100
- Free members benefits
- Parents/Guardians or grandparents can purchase
- Additional policies may be purchased in the future without evidence of insurability
- 4 health questions
- Been in business since 1874
- Do NOT need children's social security numbers to apply
