SUPPORT A FINANCIAL FOUNDATION FOR YOUR CHILD’S FUTURE.
Juvenile insurance can be used by your child to help support expenses such as starting a business, making a down payment on a house, or… whatever they want!
What is a juvenile life insurance policy?
Juvenile life insurance is permanent life insurance policy, that insures the life of a child. It can also be used as a financial planning tool.
The policy includes a savings feature that accrues tax-deferred cash value that the policy holder can withdraw funds at any time.*
*Provided the policy remains active, adequately funded, and in good standing.
Juvenile Index Life Insurance Benefits
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Growth and Flexibility
Maximized growth and more flexibility than a 529 - or education-only - policy. Limits can be set to increase to allow the policy to grow with your child, and any cash gifts from family may be added in to the plan.
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Use for Future Expenses
Distributions can be used for any expense including the purchase of real estate, education, home remodeling, medical expenses - or whatever your child needs!
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Protects Insurability
Your child’s future insurability is protected, even if they develop conditions later on in life that would prevent them from obtaining coverage.
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Tax-Free Deductions
Deductions from the policy’s cash value, are generally tax-free when the plan is in force and continuously funded.
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Plans Will Not Lapse
Plans will never lapse when funded continuously and typically require only one medical approval at the time of issue.
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Lower Rates
Juvenile policies offer extremely low rates, that are locked in over the course of their life.
