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Holiday Gifts Children Will Find Valuable for Life


Updated: October 5, 2021

Most of us spend lots of money around the holidays on gifts – especially for the children in our lives. Nothing beats the look on a child’s face when they unwrap the number one item on their wish list. The reality, however, is that no gift stays a child’s favorite for very long.  Many won’t last until next month, let alone next year.  

Well, there is a way to give the children in your life a gift that will have true value for the rest of their lives – and beyond (and at a fraction of the price of the latest trendy toy). Purchasing life insurance coverage for your children and grandchildren may seem unnecessary for some people, but it is a great way to get them started in securing their financial future.  It’s also a great way to introduce them to AAFMAA.  Children and grandchildren of active AAFMAA Members are eligible to purchase insurance from AAFMAA and to retain their access to AAFMAA for life. 

Here are the products available to children and grandchildren of our Members:

Value-Added Whole Life – For children of active AAFMAA Members, age 6 months and older.  This permanent life insurance policy builds cash value over time, tax deferred.  The premium never increases and the coverage never decreases.  Provides the flexibility to pay up the policy in advance so premiums payments are no longer required for the life of the insured.  Coverage is available from $10,000 to $1,000,000.  Lock in the low rate now and secure permanent life insurance protection for a lifetime.

Generations Plus – For children and grandchildren ages 15 days through 14 years.  This permanent insurance coverage is available at $10,000, $15,000, $20,000, $25,000, $30,000, $40,000 and $50,000.  Coverage automatically doubles at age 18 with no increase in premium.  Generations Plus also guarantees the child the option to purchase additional insurance at two times the original coverage amount at ages 21, 25, 30, 35 and/or 40 with no medical underwriting or physical exams.  That’s an increase of 10 times the original coverage guaranteed!  A child who starts with a $50,000 policy can increase their coverage to $500,000 by age 40, guaranteed.

Level Term I – For children of active AAFMAA Members ages 18 to 49.  This term insurance is a great low-cost way to get your children started with life insurance and introduced to AAFMAA.  Coverage is available from $50,000 to $800,000.  In addition, this policy can be converted to a Value-Added Whole Life policy at any time without additional medical underwriting, guaranteed.      

Get your loved ones started today. Contact a Membership Coordinator at 866-955-3657 or get a quote online.