Yet, in considering college for a newborn, it is understandable that parents may tend to procrastinate, since seventeen or eighteen years seems like a long way off. Unfortunately, in planning for college, our children progress all too quickly from daycare to the dorm room. That's why ensuring your child's future education requires setting up a savings plan as early as possible. However, even planning early cannot guarantee future savings if something should happen to you.
Life insurance can play an important role in the overall planning for college funding.
It can provide supplemental funds to help pay college costs. And, it's the only self-completing vehicle that can assure continued funding in the event of your premature death. For more information on how life insurance can become a valuable part of your college funding plan, contact your insurance professional. Contains copyrighted material by Liberty Publishing, Inc., 1998. Used by permission.