Life Insurance Goes to College
Most people think of life insurance as a way to protect their families from an unexpected loss of income, as a way to help the survivors go on without serious disruptions in their standard of living. It’s the reason why two out of three policyholders bought coverage.1 One often–overlooked consequence of losing an income earner is the possibility that dependent children may not be able to afford a college education. If you didn’t live to see your children off to school, would your insurance coverage be adequate to cover their tuition and related costs? And what if you do live…