Life Insurance

Young American Plan

The Young American Plan is a unique modified whole life insurance policy that provides parents and grandparents a means to secure valuable, permanent coverage for their children and grandchildren.

• Issued up to Age 25


• Face Amounts - $5,000 to $20,000


• Parents or Grandparents May Apply for Coverage for Children Under Age 25


• Applicants Age 15 to 25 May Apply for Policy on Their Own


• Modified Premium: For Ages 0-25, the annual premium is $20 per $5,000 of coverage. For Age 27 and over, the annual premium increases to $70 per $5,000 of coverage


• Coverage that can't Be Cancelled or Reduced.


• Proceeds Generally Pass Free of Taxes to Beneficiaries

The policy described above is not available in all states.
The policy contains certain limitations and exclusions, which may vary by state.