You do everything you can to protect your kids and their future — including their financial well-being. That’s why life insurance, even at a young age, is so important. Family life insurance.
Designed with affordability in mind, a DreamSecure Children’s Whole Life Insurance policy is a simple way to help your children protect their own financial future. Because someday, they’ll live for someone else, too. Take a look at how life insurance from American Family Life Insurance Company can help protect your child’s financial future.
Why Might DreamSecure Children’s Whole Life Insurance Be the Right Choice?
Children’s Whole Life Insurance from American Family Life Insurance Company is protection that can last a lifetime. Purchasing a policy for your child now, at a young age, means lower premiums and more time to build cash value.
Here are just some of the reasons why a DreamSecure Whole Life Insurance policy for your child or grandchild may be the right choice:
Long-term protection at lower premiums. Since the cost of life insurance depends largely on age and health, purchasing a policy when they’re young can lock in a lower premium.
All about life insurance
The security of future insurability. Buying life insurance for a child now not only provides lifelong coverage, but will also allow them to buy additional life insurance at certain times in the future when their needs change, regardless of health changes.
Cash value that grows. As your child grows, the cash value of the policy builds. So the earlier you start, the better.
What DreamSecure Children’s Whole Life Insurance Options are Available?
It can be easy to find a Children’s Whole Life Insurance policy that fits your life and your budget.
American Family Life Insurance Company offers three coverage levels: $25,000, $50,000 or $75,000, with 10 and 20-year payment options.
A 10-year payment option* means a slightly higher premium, but you could pay it off before your child ventures out on their own.
A 20-year payment option is fully paid for in 20 years, and the premiums are even more affordable than the 10-year payment option.
Whichever option you choose, your premiums will never increase. And once the payments are done, the coverage is there forever**. Now that’s peace of mind.
Is it Possible to Add More Coverage Later?
A DreamSecure Children’s Whole Life Insurance policy from American Family Life Insurance Company is protection that can change as your child’s needs change. With the built-in Guaranteed Purchase Option Benefit† additional coverage can be purchased on the insured with no additional medical exams. This coverage can be added at specific ages or when major life events take place, including marriage, becoming a parent or buying a house. This makes it easy to get the coverage they need at different ages and stages of life.
Get life insurance
Ready to take the next step in planning for your child’s financial future? Contact your American Family Insurance agent today — they’ll answer your questions and help you find the right policy for you and your child.
† The information described in this brochure is subject to policy terms and conditions. The Guaranteed Purchase Option Benefit may be exercised only at specified dates and life events and is subject to benefit amount limitations. See policy for additional details.