Insurance For Children
What is Insurance for Children?
Life insurance for children is a plan for their tomorrow. And it costs less than you might think. Purchasing life insurance for your children comes with some great benefits. It is a wise choice that can become the foundation of a solid financial plan for them later in life.
Five reasons why insuring children is a wise choice:
1 Cash value may be accessed by a withdrawal, policy loan or surrender. Taxation may apply and a tax slip will be issued as appropriate.
2 Dividends are not guaranteed and will vary upward or downward based on investment return, mortality, lapses, expenses, and other experience.