4. College Tuition for Your Children
It may be surprising to many that your life insurance covers your children’s college tuition. We all know how expensive furthering education is, and that’s why it’s so crucial for parents to make sure their children are taken care of.
Your life insurance policy is a guarantee that your children can get the education they’ve always dreamed of. Nothing makes a more significant difference in someone’s life than a college education.
Just think about what would happen to your child if they aren’t able to go to college? You know that the quality of life for your child will be much less if they can’t attend college.
A college education can cost more than a house, and that’s why it’s so important to protect your children in case of something terrible happening to you.
No one wants to think about not being seeing their children off to college, but it would even be worse if they didn’t have the money to do it.
Your insurance policy makes sure if anything were to ever happen to you, that your legacy continues on through your children.