What is children's whole life insurance?

It's a life insurance policy for children that provides guaranteed lifetime protection as long as the premiums are paid.

Your child's life insurance policy will build cash value over time inside the policy from which your child may take a loan if needed.

In addition, the rate charged for your child's life insurance policy will never increase. And, most plans offer the option of increasing the amount of life insurance at age 18 or 21 without having to take...
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