Dear Parents and Grandparents
Dear Parents and Grandparents,
When we think of giving to our children and grandchildren, we often think of toys, education funds, or maybe savings accounts. But there are some powerful, often-overlooked gifts that can offer lifelong benefits: whole life, indexed universal life insurance and child annuities.
These financial tools aren't just about accumulating money or having a death benefit — they’re about security, legacy, and financial opportunity. Here's why you may want to consider them.
A Gift That Grows: Why Whole Life / Indexed Universal Life Insurance or Annuities for Children Make Sense
🌱 Whole Life / Indexed Universal Insurance: A Foundation for the Future
Whole life / indexed universal life insurance for a child does more than just provide a death benefit:
- Locked-In Low Rates: Premiums are based on a child’s age and health, making them incredibly affordable and fixed for life.
- Cash Value Growth: Over time, the policy builds guaranteed cash value, which can be borrowed against for education, a first home, or even starting a business.
- Lifelong Protection: Starting early guarantees lifelong coverage, regardless of future health issues.
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Teaches Financial Responsibility: As they grow, this can be an introduction to understanding long-term savings and financial planning.
💰 Child Annuities: Guaranteed Income for the Future
While annuities are more commonly used for retirement, child annuities are becoming a strategic way to set up long-term financial support:
- Deferred Growth: Contributions grow tax-deferred, meaning your investment compounds over time without annual tax consequences.
- Flexible Use: Upon maturity, the child can receive regular income payments — perfect for college, early adulthood, or even retirement.
- Safe & Predictable: Many annuities offer guaranteed minimum returns and protection from market volatility.
❤️ A Legacy That Lasts Generations
FOR AS LITTLE AS $5 PER MONTH, whether it's a whole life, indexed universal life policy or a child annuity, what you're really giving is a financial head start and a demonstration of long-term love and care. You’re not just planning for today — you’re helping to secure their tomorrow.
By starting life insurance coverage today, or as soon as possible while they're young, you can begin a lifetime of protection for the ones you love the most and rest assured that your young loved ones are protected no matter what they may face in the future. It's a fact that insurance rates get higher if you start coverage at a later age. A serious illness or injury could make buying life insurance in the future very expensive, even impossible, for your young loved ones. Why not secure life insurance coverage that builds cash value as a smart way to help them build a financial foundation and give them a head start towards a bright future?
If you’re interested in learning more about how these options work, how to choose the right policy, or how it fits into your family's broader financial goals, I’d be happy to help guide the conversation and the best way to start planning financially for your children or grandchildren.
Learn more about Children's Whole Life, Indexed Universal Life (IUL) or a Flexible Premium Deferred Annuity - some of the best options for children vs. traditional savings and Youth Roth IRAs.
A Gift that Compounds and Grows.
Let's Schedule a Time to Connect
Sincerely,
Shaneil L. Tunis | Agent
Life, A&D and Health
(910) 447-4047
Specializing in Annuities,
Children's Whole Life &
Indexed Universal Life (IUL)
NPN • NC Lic # 21620545
AL, FL, MI, NM, OH, SC, TX, VA