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Affordable, convertible life insurance for children and young people
The ideal, affordable temporary life insurance protection for children, students and young workers. And, it's easily converted to ACA Assurance's Permanent Insurance Policies so coverage continues without interruption!
- Perfect for parents and grandparents who want to help children get started.
- Affordable for students and young workers...and in the future!
- Available for persons from birth to age 25; payable until age 28.
- Term 28 expires on the insured's 28th birthday--then it's convertible to ACA Assurance's Permanent Insurance Policies!
Affordable
An annual premium of only $50 provides $20,000 of protection in case of natural or accidental death. You also have the option to purchase $10,000 of additional protection for an annual premium of just $25.
Good for your future
At age 28, this protection can be converted to ACA Assurance's Permanent Insurance Policies. In addition to converting your protection at age 28, you'll have the opportunity to add by $10,000 per unit even more coverage at ages 31 and 34 -- without proof of insurability!
Beginning with the third year your policy is in effect, you will receive a conversion credit of $10 per year up to a maximum of $100 for each $10,000 of insurance coverage.
If you take advantage of all three conversion privileges (at ages 28, 31 and 34), you can accumulate up to $60,000 of life insurance protection, depending on the amount of coverage converted.
| Age |
Units |
Additional |
Total |
| 28 |
2 |
-- |
$20,000 |
| 31 |
4 |
$20,000 |
$40,000 |
| 34 |
6 |
$20,000 |
$60,000 |
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