It's a life insurance plan offered through Globe Life for children or grandchildren.
The Young American Plan is whole life insurance protection that offers from $5,000 up to $20,000 of lifetime life insurance coverage for kids.
With the Young American Plan you can guarantee your child has lifetime protection that provides a death benefit and builds cash value from which a loan may be taken in the future, if needed.
And, when your child reaches adulthood, he or she may increase the amount of life insurance.
With the Young American Plan there is no physical exam required, a simple application, and you can apply for a policy online.