Help your child establish a financially secure future.
No one wants to think about needing life insurance for a child, but it is so much more than an insurance policy in the event of an unexpected death. A children’s life insurance policy is a great way to help your children or grandchildren get started on a financially secure future. By purchasing a children’s insurance policy, you are helping your children or grandchildren learn the value of saving, but it also shows how much you care for them.
Whole Life Insurance
There are three key aspects that make a children’s whole life insurance policy worthwhile for both you and your child. A children’s whole life insurance policy is a plan that grows with your child, it helps protect your child’s future insurability, and it is a plan that has low premiums all the way through adulthood.
A children’s whole life insurance policy is a plan that will grow with your child. A properly constructed life insurance plan on a child will increase in coverage and savings as they age. Customized plans grow as the need grows.
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Term Life Insurance
Children’s term life insurance policies are another great option for children’s life insurance. Term insurance allows for more coverage and lower premiums. These plans can be converted at a later date for permanent protection.
For more information about children’s insurance and how it can benefit your child well into adulthood, contact Planning Bucket. Their financial professionals in North Carolina can give you more information about children’s insurance and assist you in finding the right plan for your family.
Planning Bucket connects clients with children’s insurance advisors in Central and Western North Carolina, including Asheboro, Burlington, Chapel Hill, Charlotte, Concord, Greensboro, High Point, Huntersville, Kannapolis, Lexington, Matthews, Monroe, Reidsville, Winston-Salem, Asheville, Boone, Brevard, Dobson, Elkin, Hickory, Morganton, Mount Airy, Sparta, Statesville, West Jefferson, and Wilkesboro