Give Your Children the Gift of Financial Protection
Life Insurance for Children in Canada
Build cash value, lock in low premiums, and guarantee their future insurability.
What is Life Insurance for Children?
Children’s life insurance is a permanent policy that provides lifelong coverage and guarantees future insurability. By starting early, parents can lock in low premiums and give their child long-term financial protection.
Low premiums that stay fixed for life.
Cash value that grows over time and can be accessed later.
Do Children Need Life Insurance?
While it may not feel urgent today, getting life insurance for your child early can lock in low lifetime rates and secure their future insurability — no matter what health changes may come later.
Guarantees your child can get coverage in the future, even if their health changes.
Builds long-term cash value that can be accessed later in life.
Benefits of Life Insurance for Children
Starting early locks in low lifetime rates and builds long-term financial value for your child’s future.
Provides lifelong coverage at an affordable, locked-in premium.
Protects future insurability, even if health changes later in life.
A Flexible Option Beyond RESPs
Life Insurance for Children
Life insurance for children provides affordable lifelong coverage that grows with your child, helping secure their future and protect their insurability as they get older.
Affordable premiums that stay low for life.
How the Best Life Insurance Plans for Children Work
Life insurance for children provides lifelong coverage with premiums that stay low when locked in early. These policies also build cash value over time, giving your child financial flexibility as they grow.You can adjust coverage as needed, and the cash value can be accessed later to support milestones like education, a first home, or other major life events.
FAQs About Life Insurance for Children
Enjoy life’s milestones and adventures with affordable life insurance in your back pocket.
Is life insurance for children really worth it?
Yes. Child policies lock in low lifetime premiums, protect future insurability, and build cash value that can support your child later in life.
What age can I buy life insurance for my child?
Most insurers allow applications from 14 days old and up. The earlier you start, the lower the premiums and the longer the cash value has to grow.
Can my child access the cash value when they’re older?
Yes. Cash value can typically be withdrawn or borrowed against in adulthood to help with education, a first home, or other financial goals.
Does children’s life insurance cover them for life?
Most plans offer permanent, lifelong coverage as long as premiums are maintained. Some policies also allow increasing coverage later without medical exams.
What happens when my child becomes an adult?
Ownership can usually be transferred to your child. They take over the policy, keep the low premiums, and benefit from years of accumulated cash value.
Secure Your Child’s Future Today
