All of our life insurance policies are designed to serve you. We design a policy that fits your lifestyle, your family, and your financial needs. The legacy life insurance policies are specifically designed for families with children, for those who are in a position to work, and for those who are able to stay at home.

In the case of a child who is a young adult, this type of policy can be very expensive. Because of the high premiums and the long term coverage, many insurance companies will not take the policy unless it’s for an expected retirement age. If you are planning to buy a legacy life insurance policy for your children, we recommend that you consult with an agent to see if the policy will be suitable for your family.

A legacy insurance policy gives you the chance to buy a policy that will pay you a certain amount of money every year regardless of how long you are still alive. If you have a child who turns 18 in January and a legacy policy is still in effect, that will pay out the entire sum of money for the next ten years. If your child dies before then, the policy will pay out only for the next two years.

A legacy policy is not a money-making strategy. It is intended to help you ensure that your family will receive a certain sum of money, but that sum is not a guaranteed amount. It is simply the amount of money that would be enough to make it worthwhile for you to insure your family with legacy insurance. Of course, a legacy policy could pay out the maximum amount of money for twenty or thirty years, but it’s definitely not a guaranteed benefit.