20 Pay Whole Life Plan for Babies & Infants
March 18, 2010 at 6:05 pm | Posted in Uncategorized | Leave a commentOne of the strongest plans on the market right now for affordable savings, and protection for your child is a 20 pay whole life plan. Think of the advantages it offers verses term life product in the same category.
- Plan is paid for within 20 years (depending on how it is set up could be paid for within 17 years)
- Offers tax advantageous savings to be able to be used for college, first car, first home, etc
- Gives child a financial foundation that will be able to be used for the rest of his/her life
- Very affordable
- Locks in their health for insure-ability. No matter if their health changes they can always be insured with guaranteed insurability purchased within the 2 pay plan.
- Very Price competitive to term policies which expire within term limits
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