The Affordable Gift of Life Insurance

November 3, 2023

When we think of presents during Christmas-time we usually think of toys, books, or cash for the children in our family. However, one of the best gifts that we can give to a child is the gift of Life Insurance.

And because children are young and healthy, premiums are low making it a very affordable gift. It also ensures that the child will be properly covered in the event that they develop health problems later in life.

Having a certificate with 1891 Financial Life includes a fraternal membership full of outreach opportunities - these opportunities help teach children how to think of and care for others. This is a gift that teaches them to look out for their community. The gift of membership also includes great member benefits like grants and scholarships!

Choosing Life Insurance for Kid's

If you choose a Whole Life plan, it is beneficial to purchase a policy for the child early to allow it to build cash value and to teach financial responsibility. The cash value can be used later to help defray the costs of education or other necessities.

Kid’s Term Insurance lasts for a fixed term. Our Kid’s Term Life policy will last through age 26, then end. Kid’s Term Insurance can be converted to Whole Life Insurance! Prior to age 26 they can purchase coverage up to $100,000 without any proof of insurability.

Sample Rate's

All sample premium rates below are for a: Boy, Age 5, Everyday Juvenile (click for flyer)

For $25,000 in Whole Life Insurance* coverage, plus an additional $125,000 with the Guaranteed Issue Rider**

  1. Paid Up at Age 100:  $175.50 Annual Premium
  2. 20 Payment Life:  $286.50 Annual Premium
  3. 10 Payment Life:  $452.00 Annual Premium
  4. Single Premium:  $2,577.50 One-Time Payment

For $50,000 of Kid’s Term Life Insurance***

  1. Kid’s Term to Age 26:  $80.00 Annual Premium
  2. Kid’s Term to Age 26:  $660.00 One-Time Payment

Ready to start? Contact your 1891 Financial Life Agent or call the Home Office at 800-344-6273 Option 5.

About 1891 Financial Life

At 1891 Financial Life, we don’t just sell policies, we offer possibilities. We pride ourselves on giving back to the communities that we serve by providing quality and comprehensive insurance solutions. We are a not-for-profit life insurance Society, which means the sales from these financial service products help fund member benefits along with social, educational, and volunteer programs designed to respond to community needs. In 2023, 1891 Financial Life was listed by Forbes as one of "The World's Best Life Insurance Companies."

Our portfolio is extensive, ranging from various life insurance policies to our annuities to support your financial needs no matter what stage of life you’re in.


11.23BLOG-GFT All quotes are for illustration purposes; actual premiums and coverage will vary based on gender, age, health history, certain underwriting criteria. Talk to an agent about individual product details. Subject to change. Products/features may not be available in all states. Image by gpointstudio on Freepik.  *13WL Plan Series.  **17RI-GIO Series. Call for details.  ***21-JVT26 Plan Series