Youth Life Insurance
Youth Life Insurance provides permanent, guaranteed juvenile whole life insurance for children ages 15 days to 17 years, with options to lock in low lifetime premiums and an optional Guaranteed Interest Account (GIA).
Why families choose Youth Life
Permanent Life Insurance
Guaranteed whole life coverage available to parents or grandparents for children 15 days to 17 years old—lifetime protection.
Lock-in Low Premiums
Choose $5,000, $10,000, or $20,000 standard benefits. Premiums never increase and cost is the same for males and females.
Health Flexibility
Coverage may be available for children with mild to moderate health conditions. No physical medical exam required.
6-Month Money-Back Guarantee
Cancel within 6 full months from receipt for a prompt refund of all premiums paid.
Guaranteed Interest Account (GIA)
Optional account to save additional funds at a lifetime minimum guaranteed interest rate of 2.50%.
Deposit funds to save for your child or grandchild, yourself, and to automatically pay future premiums.
The maximum GIA balance varies with the life insurance death benefit and underwriting category. For example, a $20,000 policy allows up to $20,000 in the GIA.
All guarantees are backed by the financial strength and claims-paying ability of American Savings Life Insurance Company. Available exclusively in Arizona and Utah. Youth Life Insurance Plan policy forms 1000 and GIA rider form 1020.
Children's Whole Life Insurance and a Whole Lot More!
| Youth Life Insurance Plan with the optional Guaranteed Interest Account (GIA) | |||||
|---|---|---|---|---|---|
| Youth Life Insurance Plans | Child's Health Condition | Annual Premium is set by Child's Issue Age | GIA Maximum Account Balance | ||
| 15 days - 8 yrs | 9 - 13 yrs | 14 - 17 yrs | |||
| $20,000 Standard Benefit | Includes mild/moderate conditions | $100 | $120 | $140 | $20,000 |
| $10,000 Standard Benefit | Includes mild/moderate conditions | $50 | $60 | $70 | $10,000 |
| $5,000 Standard Benefit | Includes mild/moderate conditions | $25 | $30 | $35 | $5,000 |
Age bracket determines premium amount which will never increase. Divide by 12 for monthly premiums ($25 bank withdrawal minimum amount).
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