ADVANTAGES OF
LIFE INSURANCE FOR COLLEGE FUNDING


  • Not included in calculation towards qualification for grants, awards, and other educational programs
  • No loss of future interest or principal on earned dollars when you do not pay total out-of-pocket costs for education expenses
  • Contribution amount not limited
  • Use of distributions not limited
  • Named beneficiaries not limited and can be changed as long as there is insurable interest. e.g. children and grandchildren
  • Alternative use of funds ok
  • Less time to set up, prepare and document insurance
  • Tax-free access to cash value funds may be available thru withdrawals and loans

 

MARILYN FARBER JACOBS is a Licensed Advisor / Independent Insurance Agent who can inform you about using term, universal life or whole life plans so that you, or someone you know, can make an educated choice.