IUL allows parents to leverage the immense power of compound interest over time to grow their child's savings. By starting at a young age, parents can maximize the ability for that money to grow over the years. Even a small monthly contribution of $50-$150 per month can add up in a huge way by the time that child reaches adulthood.

IUL for Kids also offers tax advantages that can further enhance your child's financial growth. The cash value grows on a tax-deferred basis, meaning your child won't pay taxes on the growth as their policy is funded through the years . When the time comes, that cash value can be strategically accessed through participating loans, allowing them tax-free access to that cash value that is usually only seen in Roth IRAs or municipal bonds.

One welcome side effect of setting up IUL as a savings vehicle is the life insurance protection it establishes for your child at a young age, locking in their good health and establishing permanent coverage into adulthood. Our IUL plans even come with free Living Benefits features, which allow access to the life insurance portion of the plan if there is a serious illness or injury at any point in the insured's lifetime.

We believe in the importance of teaching financial responsibility from a young age. IUL for Kids can serve as an invaluable tool to help your child understand the fundamentals of saving, investing, and managing money. By actively involving them in the financial planning process, they can learn valuable life lessons that will set them up for success as they navigate adulthood.

Our team of experienced, licensed professionals is dedicated to guiding you through the process, answering your questions, and providing personalized solutions that align with your unique needs and goals.