What kind of insurance does the Young Adult Plan provide?
Young adult life insurance is a whole life insurance policy designed for children ages 15 through 17. You are the policyowner until your child becomes 21.
Who can purchase young adult life insurance?
Parents, grandparents or permanent legal guardians can apply for this policy for the teen in their family. The parent, grandparent or permanent legal guardian who applies will be the policyowner until the teenager is age 21.
How much coverage can you get with young adult life insurance?
This valuable plan protects your teen with $5,000 of whole life insurance, the kind that builds cash value. A healthy teen can get $5,000 to $50,000 of permanent whole life coverage.
We understand you want to give your child every advantage. The Grow-Up® Plan is a simple, budget-minded way to start for children ages 14 days to 14 years. For as little as $1 a week, you can give your child a lifetime of life insurance protection with plans starting at $5,000. Your decision today will help your child be better equipped for adult responsibilities tomorrow.