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Insurance Plans

You have been researching and planning ways to fund your children's college educations. Have you considered what would happen to those plans and your children's educations if you died?

With sufficient life insurance coverage you can be assured that your children will be able to attend college even if you pass away prematurely. The life insurance you need to protect your family can also be an excellent college-funding vehicle, provided you have sufficient time before your children will begin college. With a permanent or cash-value insurance policy, the cash value build-up can become quite large over time through the tax-deferred growth it offers. That's money you can use, through policy loans, to pay for college. (Note: The death benefit and cash value of a policy is reduced through such loans.)

Planning for college is a complex task that is most effective when tailored to your specific goals and needs. A financial services professional can help you decide which investment options and personal protection products will help you attain and safeguard your goals for your children's educations.

Whether you are a recent college graduate who is just starting out in a career, a person who has been in the workforce for decades or someone currently enjoying retirement, it is important to assess the savings and investment opportunities that are available to you.

Whatever your current situation is, establishing short-term and long-term financial goals is a significant step toward meeting your future commitments and personal dreams. Reevaluating those goals as your circumstances change is equally important. As the levels of your responsibilities and family obligations change, so may your risk tolerance for investment.

Let us help. Our experienced financial services professionals can help you identify your short-term and long-term financial goals, determine whether or not your current savings and investments will enable you to meet your goals, and guide you in your savings and investment strategies.