$1* Buys $30,000
Children's Life Insurance
No Medical Exam—Simple Application
Free Quote—Apply Online
Fast Approval Process Full Coverage The First Day—Fast Approval Process
$2.17 for Children or Grandchildren
5 out of 5 stars Marilyn Bruce — 4/3/2023The help I received was awesome.
5 out of 5 stars Lisa Montgomery — 3/22/2023Very courteous and thoroughly explains various options about Life Ins. Policies. I already have 2 for my kids but I got another insurance policy for myself as well. Globe Life has policies to fit everyone's budget. Very affordable!![Read more...]
5 out of 5 stars Michelle Bodie — 3/21/2023Fast and knowledgeable staff assisted me with a new policy.
5 out of 5 stars Shelly Bigham — 12/5/2022I have had Globe Life insurance policies for all my grandkids and the representatives are always kind and helpful when I call. Great gift for your kids and grandkids.[Read more...]
5 out of 5 stars Janice Hurst — 9/6/2022Kids policies are affordable and effortless as they can do automatic monthly payments from your card/account. They also build equity and that's good.[Read more...]
5 out of 5 stars Marolyn Donald — 7/26/2022Ms. Sandra was professional, courteous, and very knowledgeable. Dealing with her and Globe Life is what customer service is supposed to be like. My experience took less than 15 minutes.[Read more...]
5 out of 5 stars Kaye Stargel — 6/22/2022I have been a long time customer of Globe. They have always been very helpful and quick to answer my questions.
5 out of 5 stars Mark Cramsie — 4/14/2022Their customer service specialist did a great job. The whole thing took less than 10 minutes. I was extremely satisfied with the outcome.[Read more...]
Whole Life Insurance for Children
Take the first step towards a financial head start for your child or grandchild Your child’s policy builds 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.
Term Life Insurance for Adults
Buy direct from the comfort of your home! It’s easy to buy. Online application can be completed in minutes. There is no medical exam—just a simple application.
Peace of mind for you and your family Feel secure knowing that money will be there for credit card 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 is rated A (Excellent)
(rating as of 8/22)
Whole Life Insurance for Children
What is Whole Life Insurance?
Whole life is one of the most common types of life insurance, and like other types of life insurance, it provides financial protection in the event of the insured’s death. The purpose of whole life insurance is to provide permanent coverage, so these polices can last for the life of the insured as long as premium payments are made.
Whole life policies are different from term life polices in several ways. Two of the key benefits of a whole life insurance policy are that the death benefits are guaranteed and these policies build a cash value over time, which can be borrowed against or withdrawn by the policyholder. Also, whole life insurance premiums do not change for the life of the policy, but they are typically higher than term life premiums for most policyholders.
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.
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.