Macushla million dollar baby7/16/2023 Parents, grandparents, legal guardians, aunts or uncles can open these plans and will own and control the policy for as long as they like ,.You can use the funds in the plan, while it continues to grow,.Cash values can be used by your child for any financial need in life including education, down payment on a home, starting a business and even to provide financial security for their future family,.You can open a plan for your child as early as 14 days after birth,.These policies have existed since 1847, and a dividend payment has never been missed. Each policy has a guaranteed cash value and every year, a tax-free dividend is paid into this cash value. The Million Dollar Baby Plan is an asset class of life insurance called participating whole life insurance.
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