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Insurance

Children's Term Life Insurance

As a parent or grandparent you do everything in your power to make sure your child is protected from harm. But what about protecting them from things that are beyond your control - like unexpected illness? For a one-time premium as low as $80, you can protect and guarantee the insurability of your children or grandchildren. Any child, from 15 days to 15 years old, is eligible for coverage. You can choose from $5,000 or $10,000 in life insurance coverage.

At age 22, the child is guaranteed to convert their policy to any Savings Bank Life Insurance (SBLI) policy for up to five times the original amount. That could mean up to $50,000 of life insurance with no health questions to answer, at an age when premiums are still low.

Get Advice
Not sure which type of insurance is right for you? Need help determining how much insurance coverage you need? Call us at 1-800-772-1090 or visit any Connecticut People's United Bank Branch.

Investment & Insurance Products:
Not Insured by FDIC or any Federal Government Agency
Not a Deposit of or Guaranteed by a Bank or any Bank AffiliateMay Lose Value

People's Financial Advisors is a division of People's Securities, Inc. Investments & Insurance are available through People's Securities, Inc. (member FINRA and SIPC), a subsidiary of People's United Bank.

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