YOUTH PLANS are offered as young as 18 years of age. Bjorklund Insurance offers youth plans that can cover them for a lifetime.   Term insurance can be written, BUT, simply means that there will be a time when the insurance runs out.  It would not be a wise decision  to place a term plan with young people when the young person could be covered on a Universal Life that has riders inclued that cover chronic, critical health issues as well as a sizable retirement fund for about the same monthly premium as a term insurance plan.

REMEMBER, UNIVERSAL LIFE INSURANCE WILL COVER THE INSURED FOR A LIFETIME AS LONG AS IT IS FUNDED WITH PREMIUMS OR CASH BALANCE.  Youth insurance can build up cash values that could be used if there is a need.  The earlier the young person starts with their insurance plan,  the better cash values.  Youth plans are setup to have a increasing death benefit.  Let's say,  a young person takes out a  $100,000 Universal Life, beginning after the 1st year the death benefit would be $101,000 (This is a hypothetical amount)  Each additional year the death benefit goes up.  Year after year with premiums being made, the insurance plan will produce a large amount of cash as they reach retirement age.

The Living Benefits which cover the terminal, chronic and critical would be the same dollar amount as the Life Insurance amount that is on the insured.  GET YOUR INSURANCE POLICY WHILE YOU ARE YOUNG AND NOT ONLY WILL YOU SAVE MONEY, BUT, YOU WILL CREATE CASH THAT YOU WILL BE ABLE TO USE WHEN YOU REALLY NEED HELP AS WELL AS HAVE A RETIREMENT INCOME.  Again, get your insurance plan when you don't have any health issues.  Life Insurance is an asset.  (INSURANCE YOU DON'T HAVE TO DIE TO USE)  Talk to our agent about the different plans available to you.

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