Originally Posted by WinoBlues
Any one know of a term plan for kids.
What I am looking for is something like a plan United Heritage had. Two amounts $10,000 and $20,000 to age 25 then convertible to 5 times face. It was some thing like $20 and $40 a year.
I have several regular WL plans as well as MoO and Gerber for kids already.
Pekin has a product very similar to what you're looking for. The only difference I can tell is that theirs is on a single pay basis. They will do 5k, 10k, 15k, 20k, and 25k face amounts. Convertible at age 25, up to 5x original face amount, they also get a small conversion credit. Hope this helps.