Whole Juvenile Life

Whole Juvenile Life is permanent whole life insurance that increases by a minimum guaranteed interest rate, plus a non-guaranteed dividend declared annually by the insurance company. New Amsterdam Life's Whole Juvenile Life products offer performance guarantees backed by top-rated insurance companies that have been in business for over a century and have never failed to pay an annual dividend.

Whole Juvenile Life is structured as a permanent life insurance policy with fixed premiums, guaranteed lifetime coverage and a built-in savings component that accumulates cash value through interest and dividends.

When using Whole Juvenile Life as a financial planning tool, policies are structured for maximum cash value accumulation. By maximizing the allocation of annual contributions to cash value growth and minimizing the portion allocated to face value, the policy owner is able to leverage the tax-deferred savings of Whole Juvenile Life. Most policies also offer an option to purchase additional insurance in the future (up to $2 million), regardless of future insurability.