Give the Gift of Life Insurance

Celebrate Life’s Big Moments with a Thoughtful Gift

When you gift a permanent life insurance policy to a loved one for their birthday, graduation, or wedding, you’re letting them know how important that celebration is. Permanent life insurance that accumulates cash value is more than just coverage — it’s recognizing this could be the beginning of your loved one’s path to purchasing a home, starting a business, and many other great new opportunities.

Why Life Insurance is the Perfect Gift for Big Celebratory Moments

Big, celebratory moments in life — like birthdays, graduations, and weddings — are a great time to show care for your loved ones with gifts that can make a lasting impression. The gift of a permanent life insurance policy can provide a firm financial footing for the recipient during their lifetime and protection for their beneficiaries in the future. Also, the younger the recipient is at the time you gift the policy, the lower your rates will be.

Birth of a Child

You just received a call from the hospital that your first grandchild is on the way. Funding a permanent life insurance policy in your daughter’s name can help provide financial security for your grandchild and daughter.

Graduation

An invitation came in the mail yesterday for your niece’s graduation party. Funding a permanent life insurance policy in her name can help provide a solid financial foundation for her future.

Wedding

Your son is putting the final touches on his destination wedding plans. Funding a permanent life insurance policy in his name can help protect his family in the future and support the newlyweds’ long-term financial goals.

The Benefits of Gifting Life Insurance

• Lifetime death benefit protection that’s payable to their beneficiaries income-tax-free.
• The potential for cash value accumulation, which they can access income-tax-free during their lifetime for any reason, such as funding an education, buying a new home, paying for a wedding, or starting a new business.

How a Policy Can Be Funded

You can choose to fund the policy as a lump sum to cover several years of policy premiums, or as an annual contribution to cover the cost of one year’s premiums.