Skip to main content Get More Information ›

$1* Buys $100,000

Globe Life Insurance

Get FREE Life Insurance Information
Get information on life insurance for Adults, Children, or both
Get FREE Life Insurance Information
Check Adult
Age Group(s):
Or call for more information: 1-800-742-6787
Or call for more information
Choose Your Coverage:
  • $5,000
  • $10,000
  • $20,000
  • $30,000
  • $50,000
  • $100,000
✔ | No Medical Exam
Simple Application
Free Quote—Apply in Minutes
✔ | No Waiting Period Full Coverage The First Day
Fast Approval Process
✔ Monthly Rates as low as: $3.49 for Adults
$2.17 for Children or Grandchildren

Children's Whole Life Insurance: Financial Benefits

Globe Life family protected by umbrella

$1* Buys $100,000

Globe Life Insurance for Adults or Children

Get More Information
✔ | No Medical Exam
Simple Application
✔ | No Waiting Period You Buy Direct
✔ Monthly Rates as low as: $3.49 for Adults
$2.17 for Children or Grandchildren

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.

Financial benefits of Children's Whole Life Insurance

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.

You might also be interested in...

Join 4.3 Million Current Globe Life Policyholders

Globe Life's values have remained the same since our roots began in 1900.

A rating
Globe Life is rated A (Excellent)** by A.M. Best Company based on their latest analysis of Globe Life's financial strength, management skills and integrity. (rating as of 7/20)
Rated A+ by the Better Business Bureau
Accredited Since 1952