The Gerber Life Insurance College Plan is an endowment policy for parents with a guaranteed payout that can be used for college expenses. Types of children's policies: Whole life ...

Final expense insurance usually offers up to $25,000 to pay for a funeral and burial, medical bills and other expenses. It's often a guaranteed acceptance policy with no medical exam and fixed ...

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Its children's life insurance can pay up to $30,000 in benefits. Globe Life’s life insurance for adults provides coverage amounts ranging from $5,000 to $50,000, and there’s no waiting period.