Children’s Term Life Insurance

Posted on December 29, 2011 and updated October 25, 2018 in Assumption Life, Canadian Life Insurance Companies, Insurance Types, Life Insurance Canada News, Life Insurance for Children 1 min read
a-kid-lifting-a-barrel
Cover your child
with Youth Plus

Assumption Life introduced a children’s term life policy called Youth Plus.

The policy is available to applicants ages 15 days old to 17 years old. The premiums remain level for the insured’s lifetime, while the face amount can range from $35,000 to $175,000.

There’s an annual policy fee of $40 and a built-in critical illness benefit. The benefit pays out if the insured is diagnosed with one of the following critical illnesses: cancer, stroke, heart attack, vital organ transplant, paraplegia, or quadriplegia.

The benefit is equal to $10,000 per $35,000 of the sum insured up to a maximum of $25,000. The premiums on the policy are $100 per year for every $35,000 of life insurance benefit.

For more details on children’s life insurance, please contact us at 1-866-899-4849 or e-mail us at [email protected]

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HG
HG

Can I get a children policy on my child without a medical

LSM Insurance
LSM Insurance

Thanks for the note. Children’s riders do not require the child to complete a medical but they do require the completion of a series of health questions and the insurer may write the child’s doctor.

Rolland
Rolland

Cann my child get life insurance if he has Autism.

LSM Insurance
LSM Insurance

Thanks Rolland. Most companies will offer life insurance on a child with Autism after the age of 8. Having said that we are happy to do a preliminary inquiry on your behalf. We will send you a separate email now

LSM Insurance
LSM Insurance

Thanks for the note. The premiums will depend on the type of plan and the amount of coverage. We will send you and email now.

Trevor
Trevor

I would like to get term insurance for my 5 year-old daughter. Could you please provide me with product options?

Thanks

LSM Insurance
LSM Insurance

We are happy to help. The premiums will depend of the type of plan and teh face amount. We will send you an email now.

Normand
Normand

I would like to get an insurance for my grandchild who will be 1 year old in april. Suggestions please.

LSM Insurance
LSM Insurance

The premiums are product of the plan type, the insured’s age and the amount of coverage. We will send you a separate email now.

Don
Don

could you mail me papers on childrens insurance plans …..

LSM Insurance
LSM Insurance

Hi Tom,

The premiums will depend on the amount of coverage. We will send you a separate email now. Regards, LSM Insurance

tom
tom

how much a month for two children ages 13 and 8