Children's Life Insurance in Lake Forest

Grandparents tell us, more often than you might guess, that they want to give something that outlasts the toys and the savings bonds. New parents tell us they would like to cross one worry off a very long list. A children's life policy speaks to both. In most cases a parent or grandparent holds a modest whole life contract on the child, and the real gift is not the benefit amount. It is the promise that the child will remain insurable for the rest of their life, whatever diagnoses the decades might bring, plus a small cash value that grows a little every birthday. A youngster's premium starts small and stays there, and plenty of these contracts include an option for the grown child to buy additional coverage later without fresh health questions. Lake Forest Life Insurance sets these up to mark a birth, a christening, a first birthday or simply a grandparent's wish to do something lasting. We explain who owns the policy and who pays, when ownership can pass to the child once grown, and how the value might help with some later goal. Then we describe a couple of modest amounts so you can choose one that sits lightly in the budget, and we complete the short application together over the telephone.