A Gift that Doubles
A Gift that Doubles
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Your Grow-Up® Plan not only provides up to $50,000 of whole life insurance for your child now, but the coverage amount automatically doubles during age 18, at no extra cost!
Adult-size coverage with child-size premiums
Adult-size coverage with child-size premiums
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You can start your child or grandchild with a $5,000, $10,000, $15,000, $25,000, $35,000 or $50,000 whole life insurance policy and lock in a childhood premium that will never increase. Parents, grandparents and permanent legal guardians may apply when children are 14 days to 14 years old.
Builds cash value
Builds Cash Value
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Your Grow-Up® Plan accumulates cash value as long as premiums are paid. By getting this life insurance for your child now, you can help give him or her a head start on the future.
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Coverage that doubles
During age 18, the Grow-Up® Plan’s coverage amount doubles automatically. For example, a $10,000 policy doubles to $20,000, a $15,000 policy doubles to $30,000 and so on – with no increase in your monthly premium. That’s right, double the coverage at the same childhood premium!
Guaranteed option to purchase more life insurance as an adult
Your child can keep the Grow-Up® Plan as an adult and can increase the coverage, at our standard rate for your child's age at that time, as long as premiums are paid. Your child can purchase up to 10 times the original coverage amount. This is a guaranteed right, regardless of health, occupation or anything else – even if your child cannot get insurance from other companies.