As an active mom with lots going on I am always thinking about how to provide additional security for the children I love and care for. Recently, I was made aware of the Great Start® juvenile whole life insurance policies from Guarantee Trust Life Insurance Company. According to their site (https://greatstartinsure.com/) they have been helping families in the U.S. with their insurance needs for over 80 years.
When I was researching life insurance policies for children, I found that Great Start provided me with a lot of education on the topic. It seems that insurance is most easy and cheaply applied for children when they are young and healthy. With Great Start, there is one rate for any child between the ages of birth and 24 years of age, and you can select policies that range from $10,000 to $30,000. The application process is quick and very straight-forward, and the questions they ask are only about the basic health of your child, their age and gender and what state you live in.
It seems to me that one of the key benefits is that when your child (or grandchild) turns 21, he or she becomes the owner of the policy and can choose to continue it for as long as he or she wants. That is a big advantage over purchasing life insurance for the first time when they are young adults.
Another big advantage is that your child will retain his or her policy even if they join the military. With so many children choosing careers in the armed services, this is clearly an incentive to get a whole life insurance policy early in life.
To learn more, you can visit their site at https://greatstartinsure.com/ to determine if juvenile life insurance is the right choice for your family.
Disclosure of Material Connection: This is a "sponsored post." The company who sponsored it compensated me via a cash payment, gift, or something else of value to write it. Regardless, I only recommend products or services I use personally and believe will be good for my readers. I am disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255: "Guides Concerning the Use of Endorsements and Testimonials in Advertising."