Whole Life For Children?

Considering Whole Life For A Child?

Here’s What You Need To Know

High cash value whole life insurance is the foundation for any financial plan. Whole life is a tool for financial abundance that is working financial miracles for families and small business owners every day.

Whole Life

As parents and grandparents, you understand the financial challenges they’re going to face as they grow into young adults, and you have a unique opportunity to make a big difference in your children’s financial future.

But How?

A whole life policy on a child offers unique advantages that will lay a strong financial foundation for the rest of their lives.

Let’s see why a whole life insurance policy is the best way to secure a financial legacy for your children and their children beyond.

Long-Term Compounding

Every dollar you save into a whole life policy today is a seed that multiplies into many more dollars over time. The cash value grows and compounds throughout their lifetime.

Compounding is barely noticeable at first, then it gets bigger and more powerful every year.

A policy on a child will keep compounding for another 70 or 80 - even 90 years.

Long-term compounding creates wealth of astonishing proportion compared to the small amount you thoughtfully invested decades ago.

Generational Legacy 2

A whole life policy is the beginning of a new

financial

legacy.

Money and Knowledge

The money grows and compounds inside the policy, but just as important is the gift of financial knowledge that opens the door to opportunities they never would have had without you.

The real legacy is financial empowerment for them and even future generations.

Permanent Coverage for Life 3

We hate to

of our children

think

struggling with health issues, but a whole life policy today guarantees that they will have life insurance for the rest of their lives –regardless of future health issues.

What if…

Most young people put off buying life insurance, but a policy now ensures that your child will never have to buy life insurance again. And as they age, they can add more insurance without a medical exam.

Private Banking 4

This policy is a very valuable financial instrument as it builds cash value over time. Naturally, some parents worry their kids will spend/waste the money if they have access.

Pass On Your Experience

Speak frankly about money to your children and explain the value of their whole life policy. They now have their own private bank. Access to capital opens opportunities, but the policy must be treated with respect.

Don’t be afraid to use the cash value in the policy - just be thoughtful about what you’re doing

Over the next ten years – as this knowledge of whole life gets out –ever parent (and grandparent) on the block will be using whole life insurance to create and pass wealth to the next generation.

With proper planning and design, whole life insurance can leave a powerful and enduring legacy of wealth for your cherished children.

Now you know.

But remember the time value of money. The sooner you get started with a whole life policy for your children, the more wealth that policy will create over time.

To say it another way –if you wait a year or two or five or ten to figure out whole lifethen you’ve lost all those years of growth and compounding.