Second in a series of five blog posts
Meet Frankie, aka “Frankenstein.” Frankie loves to smash things, which has earned him the dubious distinction of being banned from all of the porcelain and pottery shops in town.
Can I increase my son’s life insurance coverage? Will it be difficult for him to buy coverage later in life?
CLAIR: The Grow-Up® Plan1 makes buying additional life insurance coverage easier than ever! When your child or grandchild is age 18, the coverage amount automatically doubles – at no additional cost. Upon becoming the policy owner at age 21, and as your child’s insurance needs change, he will have the opportunity to buy additional life insurance at our standard adult rates for his age at that time.
GERBER LIFE: POOF! Another misconception dispelled.
Visit our blog next week to meet Drake, who also has a question about children’s life insurance.
1 Policy Form ICC12-GPP, Policy Form Series GPP-12