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Insurance Coverage

ParPlus Junior

Assumption Life offers ParPlus Junior, a participating whole life insurance for children. This policy has a safe investment component through its guaranteed cash value and also pays an annual dividend. As the policyholder, you may choose from five different dividend options. For example, you could use them to reduce your premiums or even to buy additional permanent insurance for your child. While the amount of dividends paid will vary, premiums are guaranteed and will never increase.

  • No medical exam.*
  • For youth from 15 days to 17 years of age.
  • 20-year pay.
  • Coverage ranging from $5,000 to $4,000,000.

Please contact us or your Assumption Life authorized agent for more information.

* This product has certain limitations and exclusions.

Learn more about dividends.