Children's life insurance is typically a small permanent policy that builds modest cash value and may help preserve future insurability, subject to the carrier's terms. Premium rates are locked in while the insured is young.

Note: Not all products are available in all states. Please contact us to confirm availability in your area.

When this fits

• Parents and grandparents wanting to give a child a head start
• Families with hereditary health concerns who want to lock in insurability
• Long-term gifting and legacy strategies
• Coverage for funeral expenses in the unfortunate event of loss

What it accomplishes

• Premium rates locked in while the insured is young
• Cash value accumulation under the policy contract
• Ability to expand coverage at later life events, subject to carrier terms