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BrightFuture Children’s Whole Life​

Life insurance for your loved ones. More peace of mind for you.

What is children’s whole life insurance?

As the name suggests, it is insurance designed for a child’s whole life. Most children’s whole life insurance products can build guaranteed cash value. Children’s whole life is typically designed for children under the age of 18, and has lower face amounts and premiums, with just a few medical questions and a simplified application. 

Why choose children’s whole life insurance?

While no one would expect to lose a young child or grandchild, coverage could be used to cover funeral expenses, grief counseling, time away from work, or a donation in memory of the child or grandchild. Having insurance on a child or grandchild can help protect them against any future health conditions that may make them ineligible for coverage later in life. Premiums will typically be very low at younger ages. It can be a timeless, sustainable reminder of how much you care for the ones you love.

BrightFuture Children’s Whole Life with Foresters Financial

418889 US (11/22)

Foresters products and their riders are underwritten by The Independent Order of Foresters and may not be available or approved in all states and are subject to eligibility requirements, underwriting approval, limitations and state variations. If you have questions regarding Foresters products and their riders, please contact your insurance agent or contact Foresters to be connected with an agent in your area.

1 Foresters BrightFuture and its riders may not be available or approved in all states and are subject to underwriting approval, limitations, contract terms and conditions, and state variations. Refer to the Foresters BrightFuture Life Insurance contract for your state for these terms and conditions. Foresters BrightFuture and its riders are filed under the following form numbers, where “XX” represents either “US” or your state’s postal abbreviation, as applicable. Foresters BrightFuture: ICC20-JV-WL-US01 or WL-JV-XX01-2020; Accelerated Death Benefit Rider (for Terminal Illness): ICC14-TRAD-ABRTI-US01 or TRAD-ABRTI-XX01-2014 or TRAD-ABRTI-XX01-2016; Guaranteed Insurability Rider: ICC20-WL-JV-GIR-US01 or WL-JV-GIR-XX01-2020; Common Carrier Accidental Death Rider: ICC19-WL-CCADR-US01 or WL-CCADR-XX01-2019; Family Health Benefit Rider: WL-FHB-XX01-2011

2 Loans can be taken if the certificate is in effect and has a positive cash surrender value. Loans will reduce the death benefit and cash values and may affect how long the certificate is in force. Interest is charged daily at the contractual loan rates. Death benefit payable is net of the outstanding certificate loan amount(s) (note loan amount includes accrued interest). If, at any time, the loan amount exceeds the cash value at that time, then the certificate will terminate. Loans may be considered a reportable tax event. You should consider consulting your tax advisor for details on your specific situation.

3 Foresters, their employees and life insurance representatives, do not provide, on Foresters behalf, legal or tax advice. The information given here is merely a summary of our understanding of current laws and regulations. Advise your clients and prospective purchasers to consult their tax or legal advisor.

4 The payment, due to diagnosis of a terminal illness, may be less than the acceleration amount if there is an outstanding loan or unpaid premiums. Payment will decrease certificate values and benefits. Receipt of the accelerated death benefits may affect eligibility for public assistance programs and may be taxable.

5 Foresters will pay the eligible designated charitable organization in the name of the insured. The designated charitable organization must be an accredited 501(c)(3) organization under the Internal Revenue Code and eligible to receive charitable contributions as defined in section 170(c) of that code.