Juvenile insurance

Juvenile Life Insurance

Juvenile Life Insurance

Juvenile Life Insurance

Great Gifts For Kids

Juvenile Life Insurance

These Gifts Don’t Last Forever

Great Gifts For Kids

Juvenile Life Insurance(A GIFT TO LAST A LIFETIME)

Juvenile Life Insurance(A GIFT TO LAST A LIFETIME)

Parents and Grandparents don’t buy insurance on their children and grandchildren. They buy it for them.

Juvenile Life Insurance(A GIFT TO LAST A LIFETIME)

Parents and Grandparents don’t buy insurance on their children and grandchildren. They buy it for them.

Why?

NEED Children don't need insurance…. Yet. The children will have their own needs when they ‑grow up. If it is anything like today they will probably need lots of money in their estates.

INSURANCE ISSUES:

NEED Children don't need insurance…. Yet. The children will have their own needs when they ‑grow up. If it is anything like today they will probably need lots of money in their estates. COST As far as cost is concerned there is never a better time to buy life insurance than at birth. ‑The cost is sure to increase as we get older and in some cases people become more of a risk (higher price) because of health, hobbies or occupation. If insurance is not already in force, then now is the best possible time to buy some.

INSURANCE ISSUES:

NEED Children don't need insurance…. Yet. The children will have their own needs when they ‑grow up. If it is anything like today they will probably need lots of money in their estates. COST As far as cost is concerned there is never a better time to buy life insurance than at birth. ‑The cost is sure to increase as we get older and in some cases people become more of a risk (higher price) because of health, hobbies or occupation. If insurance is not already in force, then now is the best possible time to buy some. VALUES The cash value and insurance value increases as the policy gets older. Compound ‑interest affects the cash and death benefit. The older the policy, the higher the values.

INSURANCE ISSUES:

NEED Children don't need insurance…. Yet. The children will have their own needs when they ‑grow up. If it is anything like today they will probably need lots of money in their estates. COST As far as cost is concerned there is never a better time to buy life insurance than at birth. ‑The cost is sure to increase as we get older and in some cases people become more of a risk (higher price) because of health, hobbies or occupation. If insurance is not already in force, then now is the best possible time to buy some. VALUES The cash value and insurance value increases as the policy gets older. Compound ‑interest affects the cash and death benefit. The older the policy, the higher the values. CONTROL You own the policy until you choose to transfer ownership to the life insured. You ‑can assign the policy to obtain a loan, borrow from the policy, or even cash it in as it is not the child's property until you have determined that he or she is mature enough to handle it wisely.

INSURANCE ISSUES:

NEED Children don't need insurance…. Yet. The children will have their own needs when they ‑grow up. If it is anything like today they will probably need lots of money in their estates. COST As far as cost is concerned there is never a better time to buy life insurance than at birth. ‑The cost is sure to increase as we get older and in some cases people become more of a risk (higher price) because of health, hobbies or occupation. If insurance is not already in force, then now is the best possible time to buy some. VALUES The cash value and insurance value increases as the policy gets older. Compound ‑interest affects the cash and death benefit. The older the policy, the higher the values. CONTROL You own the policy until you choose to transfer ownership to the life insured. You ‑can assign the policy to obtain a loan, borrow from the policy, or even cash it in as it is not the child's property until you have determined that he or she is mature enough to handle it wisely.

TAXATION The cash accumulates inside the policy without being taxed as interest is taxed. ‑When ownership is transferred it is not a taxable event. The only time tax is payable is if the cash value is withdrawn (borrowed or surrendered) and even then only if the cash exceeds the adjusted cost base of the policy.

INSURANCE ISSUES:

INSURANCE ISSUES: (Continued)

INSURABILITY We all become uninsurable sometime. Some children are born ‑uninsurable. Some people are insurable until they are very old. By starting an insurance program for a child you can build a fence around their insurability. They will always have the original policy, and they will also be allowed to purchase more insurance at certain future dates regardless of changes in health or other factors which might otherwise increase the cost of insurance.

INSURANCE ISSUES: (Continued)

INSURABILITY We all become uninsurable sometime. Some children are born ‑uninsurable. Some people are insurable until they are very old. By starting an insurance program for a child you can build a fence around their insurability. They will always have the original policy, and they will also be allowed to purchase more insurance at certain future dates regardless of changes in health or other factors which might otherwise increase the cost of insurance. SELF COMPLETING If the policyowner or parent dies or becomes disabled the company will ‑continue the payments on his/her behalf until the child has grown. The money that was going into the Life Policy will likely be needed for other purposes. There are very few other investments which offer this feature.

INSURANCE ISSUES: (Continued)

INSURABILITY We all become uninsurable sometime. Some children are born ‑uninsurable. Some people are insurable until they are very old. By starting an insurance program for a child you can build a fence around their insurability. They will always have the original policy, and they will also be allowed to purchase more insurance at certain future dates regardless of changes in health or other factors which might otherwise increase the cost of insurance. SELF COMPLETING If the policyowner or parent dies or becomes disabled the company will ‑continue the payments on his/her behalf until the child has grown. The money that was going into the Life Policy will likely be needed for other purposes. There are very few other investments which offer this feature.

All benefits are subject to qualifying at time of purchase. Once accepted, the policy can only be changed by the owner, not the insurance company.

Brian Penston

Brian PenstonB.Comm. (Hons.), CLU, CH.F.C.,

CFP

I Have Been Helping Individuals and Groups Arrange Their Life and Health Insurance,

Investments and Other Financial Products and Services

Brian PenstonB.Comm. (Hons.), CLU, CH.F.C.,

CFP

Since 1975

I Have Been Helping Individuals and Groups Arrange Their Life and Health Insurance,

Investments and Other Financial Products and Services

Brian PenstonB.Comm. (Hons.), CLU, CH.F.C.,

CFP

Since 1975

I Have Been Helping Individuals and Groups Arrange Their Life and Health Insurance,

Investments and Other Financial Products and Services

Brian PenstonB.Comm. (Hons.), CLU, CH.F.C.,

CFP

Brian PenstonB.Comm. (Hons.), CLU, CH.F.C.,

CFP

Phone: (204) 633-7353 Email: bpenston@mts.net