A cash value life insurance policy is a tax-free way to boost a tuition fund.
Contributing to a cash value life insurance policy offers financial security for the future with the option to access living benefits to help pay for your child’s education.
- Access the cash value for any reason through tax free withdrawals, policy loans or a full surrender* if coverage is no longer needed
- Interest earned on the cash value grows tax-deferred
- Cash value is excluded from financial aid calculations (not considered parental assets)
*A full surrender can trigger a taxable event.
Download our FREE GUIDE to explore your options.