| Q: |
Do parents really need life insurance for their children, especially if they are still young? |
| A: |
Yes! A serious illness or accident could make life insurance very expensive, even unavailable, for your children when they are adults. |
| Q: |
What kind of insurance is Child & Juvenile Life Insurance? |
| A: |
It is often a whole life policy that can last a lifetime, regardless of future age, health, military service or hazardous occupation. Some plans offer term coverage until adulthood, which automatically converts to whole life. Many policies also offer guaranteed periodic purchase options for additional coverage, no matter what the adult child’s health status may be. |
| Q: |
Can a grandparent apply for their grandchildren? |
| A: |
Absolutely. A child’s parent, grandparent, or legal guardian can be the applicant & policyowner. |
| Q: |
Do rates go up as the child ages? |
| A: |
It varies by plan. See the specific plans for details. |
| Q: |
Will the child have to undergo a medical exam to qualify for coverage? |
| A: |
No medical exams are required to qualify. Just answer a few short health questions on the application. |
| Q: |
When does coverage usually begin? |
| A: |
There are no waiting periods. Your child is covered from the first day the application is approved. |
