Jamaica Finance

May 17 2018

Whole Life Insurance for Children

Give your child or grandchild a financial head start Your child s policy build cash value for the future.

Benefits never canceled or reduced Once approved, your benefits will never be reduced or canceled regardless of changes in age or occupation.

Rates are guaranteed to stay the same for life The monthly rate is based on your children s or grandchildren s present age and is guaranteed to stay the same for the rest of their life.

$1 * BUYS $100,000

Term Life Insurance for Adults

It s easy to buy! It is simple to understand. No agent will visit and there is no medical exam just a few easy health questions. It s hassle-free.

Peace of mind for you and your family Feel secure knowing that money will be there for credit cards bills, home and car loans, children s and grandchildren s future education and even your medical and final burial expenses.

Life insurance that fits your budget Choose the right coverage amount to fit your monthly expenses.

Globe Life has been protecting America s families since 1951

Globe Life continues to receive an A+ (Superior)** rating from A.M. Best Company based on their latest analysis of Globe Life ‘s financial strength, management skills and integrity.
(rating as of 7/17)

Whole Life Insurance for Children

Children’s Whole Life Insurance: Financial Benefits

By purchasing a whole life policy as an investment, you are purchasing a valuable gift for your child or grandchild.

By purchasing a whole life policy as an investment, you are purchasing a valuable gift for your child or grandchild. By sparking the interest and awareness of accruing money, a whole life policy can become a vehicle for teaching young children about the importance of financial responsibility. For example, a whole life insurance policy can help children to learn about the terminology of finances such as tax-deferred savings, as benefits are paid free of federal income tax. There are additional advantages that older children will gain by being the beneficiaries of children s whole life insurance policies. For example, they may decide they could use the policy proceeds to help defray some of their future educational expenses or even to pay future policy premiums.

The purchase of an affordable children s whole life insurance policy is worth considering as a gift idea for a new baby. First of all, when a child is very young, the premiums are very inexpensive. If the unthinkable occurs, and the child experiences any type of serious illness, the coverage will already be in place. Moreover, their benefits will never be reduced or canceled regardless of changes in age, health or occupation as long as the premiums are paid on time. Therefore, the gift you are giving your loved ones, while they are still too young to understand, will eventually become a gift of protection for their own families. In this way, insured young adults will realize tangible emotional and financial benefits.

Memorable Gift

A gift like this will never become obsolete, discarded or given to strangers, along with all the outgrown clothes and toys. As your children or grandchildren mature, they will gain the understanding that when you purchased a children s whole life insurance policy for their benefit, you were demonstrating deep care and concern for their future welfare.

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*$1 pays for the first month of children s coverage. Then the rate is based on your child s present age and is guaranteed to stay the same for the rest of their life. Policy Form # GWL2001 or GWLA001
*$1 pays for the first month s adult coverage. Then the rate schedule is based on your current age and is guaranteed for the life of the policy. Policy Form # SRTCV/SRTCV13
**A.M. Best Company rating as of 7/17 based on financial strength, management skill and integrity. For the latest rating, access www.ambest.com.

Globe Life has been protecting America s families since 1951

Globe Life continues to receive an A+ (Superior)** rating from A.M. Best Company based on their latest analysis of Globe Life ‘s financial strength, management skills and integrity. (rating as of 7/17)

GMADW08 2005-2017 Globe Life And Accident Insurance Company, McKinney, TX All Rights Reserved.
Licensed in the United States CA Certificate Authority #4140

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