Time to Give Thanks This Holiday Season – Give a Gift For Life

Did you know that 85% of Americans say they have grandchildren? And one of the benefits of aging was spending more time with family and grandchildren.¹

The upcoming holidays are a great time to remind your clients to give thanks for their minor grandchildren and to consider giving them a truly meaningful gift.

Show them how gifting life insurance to their grandkids can help set up the future generation for financial stability and security. If sufficiently funded, their grandchild could access their policy values through loans and withdrawals² to:

• help pay education costs
• help pay for a wedding
• provide a down payment on a first home

The policy death benefit can even be accelerated through optional riders to use in the event of a qualifying illness.³

Gift For Life Consumer Flyer
CAT 104305

We will now consider permanent coverage on a juvenile up to a face amount of $500,000 regardless of the amount of coverage inforce and/or applied for on parents or siblings.

Check out the recent enhancements to National Life Group’s juvenile underwriting on page 25 of these guidelines.

Life Insurance Underwriting Guide

1. 5 facts about American grandparents | Pew Research Center
2. The ability of a life insurance contract to accumulate sufficient cash value to help pay expenses or meet accumulation goals will be dependent upon the amount of extra premium paid into the policy, and the performance of the policy, and is not guaranteed. Policy loans and withdrawals reduce the policy’s cash value and death benefit and may result in a taxable event. Surrender charges may reduce the policy’s cash value in the early years.
3. Living Benefits are provided by no additional premium Accelerated Benefit Riders. Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless you also have a need for life insurance. Riders are optional and may not be available in all states or on all products. This is not a solicitation of any specific insurance policy.