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Most people can benefit from the peace of mind that life insurance provides. It’s a promise you make now to protect your loved ones in the future. At Navy Mutual, our representatives help servicemembers and their families navigate the process of determining what type of coverage fits their needs.
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I purchased whole life policies (American Family out of Madison, Wisconsin) for my children when they were just days old. When they reached four years old I didn't feel this policy was gaining value as I was led to believe so I purchased each another policy from State Farm. It wasn't really for the insurance but the cash value of the policies when they turn sixty-five. Each will have right around a half million bucks when they cash in minus whatever the federal government steals from them. FYI, the State Farm policies are out producing the American Family policies by over a two to one margin in dividends despite being in force four less years.
Wish my parents were smart enough to do this for me when I was young!
Bottom line, insurance isn't just for adults. Buy while your children are young. Better rates and more time for cash build up!
Wish my parents were smart enough to do this for me when I was young!
Bottom line, insurance isn't just for adults. Buy while your children are young. Better rates and more time for cash build up!
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