The thought of losing a child or grandchild is not something anyone wants to contemplate. But if the worst were to happen, a juvenile term policy could help provide financial assistance to your family at a very difficult time.
$5,000 coverage for your child or grandchild.
Our juvenile term life insurance offers coverage of $5,000 per child up to the age of 23. At that time, your child can choose to convert the policy to whole life coverage without a medical exam or proof of insurability.
Protection throughout childhood.
This policy offers life insurance protection until your child turns 23. If you (the payor) should die while the policy is in force, no future premiums will be due and coverage will continue until the child reaches age 23.
Coverage that grows as your family grows.
Our juvenile term life insurance provides $5,000 of coverage per child. However, if you already have two children covered under the policy, premiums will not increase for additional children.
Pay premiums only four years. As long as renewal premiums are paid before the end of the Grace Period we can not cancel the .
Policy Form # : GC285