Starting an IUL early for a child means the policy has decades to grow, creating significant cash value by adulthood. This accumulated cash can later be accessed tax-free through loans or withdrawals to help pay for college, buy a first home, start a business, or even supplement retirement income. Because premiums are typically lower for young, healthy children, it’s an affordable way to lock in lifelong coverage at a minimal cost.
The policy’s cash value grows tax-deferred, meaning no taxes are paid on the growth while it remains in the policy. Over time, this makes it an excellent long-term savings and investment vehicle.
An IUL for a child provides peace of mind, financial flexibility, and a lasting gift of security—helping them start adulthood with both protection and a foundation for financial success.