Protecting the Future 4 Children
Who We Are & Our Objective:
Jump Start 4 Kids is an outreach program intended to educate parents and grandparents about the benefits of early financial planning for children, utilizing whole life insurance. We are licensed life insurance agents representing American Income Life (AIL), a division of Globe Life, an international insurance company traded on the New Yor Stock Exchange, with over 6,000 employees and with an A+ Superior rating from A.M. Best, one of the financial industry’s top rating companies. Our top priority is to protect the financial future of kids by planning at an early age.
Protecting the Future 4 Children
Today, there is no greater concern than the safety and growth of our children. We put forth a mountain of effort to protect our kids physical safety, emotional and social security, and medical and nutritional health.
Why Whole Life Insurance?
The importance of life insurance for kids frequently gets overlooked. After all, we think of life insurance as something for adults who want to protect the financial well being of their family. But Whole Life Insurance also offers Living Benefits that can become important components of financial planning for when kids reach adulthood. And they are in a perfect situation to get started on this path now…early in life.
When is a good time to start helping children with their financial futures?
What are the benefits of Whole Life Insurance for Children?
1. Premium costs will never be lower!
Premiums are based on the age of the insured at the time the coverage begins. The younger the insured, the lower the premium cost.
2. Whole Life premium cost will never go up once a child is insured.
The low cost premium, set when coverage begins at an early age, will never go up for the entire life of the insured.
3. Guaranteed Lifetime Coverage:
When children are covered with a whole life policy, it is for their entire lifetime, unlike term policies that require renewal at higher rates. Coverage can never be lost or taken away, if the premiums are paid.
4. Guaranteed Insurability Option:
With the Guaranteed Insurability Option rider, a child will be entitled to purchase additional whole life insurance six different times during adulthood, without the need for medical underwriting. No matter what illness or medical condition may have affected an insured child, they are guaranteed the option to add $25,000 of coverage at six age milestones or when lifestyle milestones such as marriage, birth of a child, or adoption of a child occurs. Medically related conditions can not result in denial of coverage or cause any increase in premiums. All Guaranteed Optional Insurance is priced at the standard rates for the appropriate age of the insured at that time.
5. Cash Value in a Whole Life Policy:
A unique benefit of whole life insurance is that it offers an accumulation of cash that builds over time, like an investment that produces a regular return. The cash can be drawn out of the policy at any time for use for any reason. It can help pay college expenses, repairs to a home, or even for a vacation.
A Jump Start on Life…NOW!
By insuring children early, you will:
- Avoid higher premiums at a future age.
- Avoid being declined due to medical reasons.
- Avoid higher premiums due to future medical reasons.
- Guarantee the future insurability of children for additional insurance needs at the standard premium.
- Guarantee necessary coverage with options for six additional purchases of $25,000 when reaching milestone ages or events.
- Advance the optional purchase dates when married or at the birth or adoption of a child.
- Provide a lifetime of Whole Life coverage for children today.
You have the foresight and wisdom to plan ahead!
- Avoid the financial strain of high insurance premiums or uninsurability due to conditions such as childhood cancers and diabetes that could occur before children become adults.
- Secure the guarantee of a significant amount of additional insurance coverage that will help protect their families.
The Excitement of Sports & Getting Ahead of the Game:
No matter which sport, the most important concern of parents and coaches is the potential for concussions.
It exists in team sports, individual sports, and recreational activities.
- Football, hockey, soccer, lacross, baseball, basketball
- Skiing, snowboarding, gymnastics
- Bike riding, skateboarding or just playing in the playground
While many sports groups and teams have taken medical precautions and improved the standards of protective equipment and practice regiments, the one thing that has been forgotten is how concussions can affect the financial future of children.
Concussion is now referred to as mild Traumatic Brain Injuries (mTBI) by the Center for Disease Control and The World Health Organization.
Children who suffer multiple concussions or have recurring symptoms could possibly be declined for insurance coverage or rated a higher premium. This unfortunate situation can be avoided if children are covered early, and have the Guaranteed Insurability Option that is offered in our Jump Start Plan.
Taking proper precautions to reduce the occurrences of childhood concussions is necessary and wise. So is protecting a child’s financial future through early whole life insurance coverage.
Children who suffer multiple concussions or have recurring affects from concussions could possibly be declined for insurance coverage as they get older and need insurance for protecting their own family. Or they may be able to get coverage but at a higher rate. This unfortunate situation can be avoided if children are covered early, and have the Guaranteed Insurability Option that is offered in our Jump Start Plan. Taking proper precautions to reduce the occurrences of childhood concussions is necessary and wise. So is protecting a child’s financial future through early whole life insurance coverage.
Protecting Children’s Futures Includes Protection for the Whole Family:
Protecting the financial future of children also includes protection for the family in the event of the death of parents. Income Protection through term life insurance can get the family through hard times and the loss of income; Mortgage Protection can allow a family to remain in the same house; and College Education Protection can provide a pool of funds to help children attend the college of their choice. Details of these plans are available during our exclusive Family Needs Analysis Discussion.
The Gift of a Lifetime.
Grandparents Can Give the Gift that Keeps on Giving!
What better way to help your grandchildren grow up than to introduce them to the world of financial planning at an early age. And what better way to do it than through a whole life policy that will remain with them for their entire lifetime. Grandparents can purchase this early whole life financial benefit for each of their grandchildren at a low easily affordable cost, and will provide a solid jump start for their adult lives and the family responsibilities that they will face themselves.
Live Group Webinar:
Talk to our representative about full program details and open Q&A session.
Register to reserve a spot in our live 15 minute Jump Start 4 Kids webinar.
Private Zoom Meeting:
Reserve a private one-on-one Zoom meeting time to discuss specific details relevant to your children and family, and enroll in program.
Feel Free to Contact Me:
Frank Fennell is an independent licensed insurance agent working with an international insurance company, that has received an A+ Superior rating from A.M. Best, one of the industry’s most respected rating agencies. We offer life insurance, accident insurance, and supplementary insurance. Our specialty is the protection of children with our Jump Start/Head’s Start program.