The best way to save for college is with an Education Savings Account (ESA). There is no need to buy a life insurance policy for your children, even one like Gerber life insurance, which is a whole life policy that claims to help you save for college.
Here are a few to watch out for: Any Life Insurance For Kids That “extra protection” can just be a gimmick- expensive coverage you shouldn’t waste your money on. Then you see a commercial or hear about a new type of insurance that sounds pretty good-like an extra layer of protection.
You know insurance is part of a solid financial plan, so you’ve made sure all your bases are covered with the right kind of coverage.
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