College Planning …

by Michael on August 13, 2008

in College Planning,Insurance Newswatch,life insurance,Medicare

Life insurance can be, and should be, an integral part of college planning. Life insurance may make possible,  that which a person desires for children  – whether or not they are still living to make it happen.

One of the biggest problems in doing this, can be money. “So, if I put money away for my child’s college education, where does the money come from to pay for life insurance?”

Well consider this scenario: A 35 year old mother with a one year old child is faced with just such a dilemma. But what if she were to purchase a policy, just for this reason, that

  • if she died provides $200,000 of death benefit to help with college and living expenses,
  • but if she lives, provides over $33,000 to assist with the other help she is giving?

And what if I told you that she was able to both put money aside and pay for the life insurance? Each person is different, but why not let me demonstrate how this will work in your situation? Call me or email me, and I will provide details of how this will work for your benefit.

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