Permanent coverage designed for children ages 14 days to 17 years. Lock in affordable premiums for life, build guaranteed cash value, and protect your child's future insurability — all with no medical exam required.
Get a free quoteChildren's Whole Life insurance is a type of permanent life insurance coverage designed specifically for children ages 14 days old to age 17. It provides lifelong protection with locked-in, affordable premiums that never increase.
Unlike term insurance, whole life builds cash value over time that your child can access later for college, a first car, or other major expenses. Best of all, it guarantees your child's future insurability — regardless of what health conditions may develop later in life.
Coverage Amounts
Face amounts range from $5,000 to $50,000 to fit your family's needs and budget.
No Medical Exam
Fully online application requiring no medical exam — typically just a few health questions.
Guaranteed Insurability
Purchase additional coverage later without proving good health. Increases triggered by life events or milestone birthdays.
Waiver of Premium
If the policy owner passes away, premiums are waived for 90 days while ownership is transferred.
Future Protection
Coverage lasts a lifetime and cannot be canceled by the insurance company as long as premiums are paid.
Available Nationwide
Available in all states except New York. Coverage travels with your child into adulthood.
Children's Whole Life insurance is one of the smartest financial gifts you can give. Because children are young and typically healthy, monthly premiums are remarkably affordable — often around $10 to $15 per month for standard coverage.
These low rates are locked in for life. When your child turns 21, they inherit the same premium they had as a baby — a powerful advantage that becomes more valuable every year.
Cash Value Accumulation
A portion of every premium builds cash value at a fixed, tax-deferred rate. Your child can borrow against it for college, a home, or business.
Locked Rates for Life
Premiums never increase. The rate you lock in today stays the same — even as your child grows older or health changes.
Tax-Deferred Growth
Cash value grows without being taxed until withdrawn, allowing compound growth to work harder over decades.
Living Asset
Unlike term insurance, whole life builds real cash value your child can use while they're alive — not just a death benefit.
Guaranteed Returns
Cash value grows at a guaranteed minimum rate set by the insurer, providing stability regardless of market conditions.
Financial Head Start
Give your child a financial foundation that can help fund education, start a business, or provide emergency reserves.
Mutual of Omaha's Children's Whole Life policy is available for children and grandchildren from 14 days to 17 years old. The application process is simple, fast, and fully online.
Choose Your Coverage Amount
Select a face amount between $5,000 and $50,000 based on your goals and budget.
Complete the Online Application
Answer a few health questions — no medical exam, no bloodwork, no hassle.
Lock in Your Rate
Once approved, your child's premium is guaranteed never to increase.
Watch the Cash Value Grow
Cash value begins accumulating immediately and grows tax-deferred over time.
Future Insurability Options
Your child can purchase additional coverage at key life events without a health review.
The best time to lock in low rates is now — while your child is young and healthy. I'll help you choose the right coverage amount and walk you through the simple application process.
Get your free quoteFree consultation • No obligation • Personalized guidance for your family