|  |  | | | | | Buying life insurance for a child or grandchild is a thoughtful and practical endeavor. Before purchasing a juvenile life insurance policy, educate yourself and read the following commonly asked questions. | | | | | Why does a child need life insurance? | | No one knows what the future holds. That is why investing in your peace of mind -- and your child's financial security -- makes sense.
SBLI USA's juvenile life insurance premiums costs are reasonable and are guaranteed convertible to an eligible Whole Life policy at age 21. This means that in the unfortunate event that your child develops a medical condition or has an accident, they would be guaranteed affordable life insurance protection.
Juvenile life insurance can also provide a financial nest egg for your child in adulthood. Once the insurance policy is converted to Whole Life, your child will be building cash value. They will be able to borrow against the policy in years to come.
Does SBLI USA offer juvenile life insurance options?
SBLI USA offers a number of life insurance policies that are available for children. Most of our Whole Life options, for instance, provide coverage for children 15 days old and older. We offer Children's Single Premium Term Life, a juvenile life insurance policy that provides up to $15,000 in coverage for one affordable premium payment. Children's Single Premium Term may be converted to Whole Life coverage at up to five times the policy's original face value. For more information, visit our child life insurance page.
What are the benefits of purchasing a juvenile life insurance policy from SBLI USA?
A juvenile life insurance policy from SBLI USA is an easy and affordable way to help give your child a financial foundation for his or her future. It can help to guarantee their insurability for life. Plus, juvenile life insurance is convertible to Whole Life when they are 21, enabling your child to start building cash value from a young age.
I am not quite ready to apply yet. Does SBLI USA offer free quotes on their juvenile life insurance products?
Yes. SBLI USA's free juvenile life insurance online quote gives you a rough estimate on monthly costs and is based on your answers to a few simple questions. To speak with someone in person, contact a friendly Sales Advisor.
I am interested in purchasing life insurance for my child. What is the first step?
The fastest and easiest way to purchase one of SBLI USA's juvenile life insurance policies is to call a sales advisor toll free at 1-866-SUSA-WEB (787-2932). They will help determine what type of life insurance policy and coverage will work best for you and your family. You can also fill out our convenient Help Me Choose online form. If you already know what type of child life insurance you want to buy, fill out our Quotes form. In minutes you will be on your way to protecting your child with valuable coverage that will grow along with them!
Learn More About SBLI USA Juvenile Life Insurance
For more information on how SBLI USA juvenile life insurance can help prepare your loved ones for the future, visit our child life insurance page or contact a sales advisor today at 1-866-SUSA-WEB (787-2932). | | | | Back | | |
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