Youth Plus life insurance provides coverage up to 25 years of age. This means that your young adults will be able to focus on their studies or on launching their career rather than worrying about buying life insurance.
Youth Plus also provides your children with "guaranteed insurability" so they can maintain their coverage even if they develop certain health problems.* This same guaranteed insurability allows your children, once they reach 25, to convert Youth Plus into permanent or term life insurance, regardless of their health, without proof of insurability. Furthermore, Youth Plus offers a living benefit should a child become ill**, allowing you access to part of the policy’s face amount so that you may care for your child without having to worry about finances.
- For children from 15 days to 17 years of age.
- Premiums remain the same for the life of the contract.
- Child’s coverage (guaranteed death benefit) will not decrease until age 25.
Please contact us or your Assumption Life authorized agent for more information.
* The child must have been insured prior to developing the health problem as described in the basic policy.
** As described in the contract.