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	<title>New answer on: Can You Use Life Insurance To Pay For College?</title>

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		<title>By: Jeff Davis</title>

		<link>https://insurancelibrary.com/life-insurance/can-you-use-life-insurance-to-pay-for-college</link>

		<dc:creator>Jeff Davis</dc:creator>

		<pubDate>Mon, 06 May 2013 14:05:20 +0000</pubDate>

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		<description><![CDATA[College is very expensive ( I have 2 children in college now and 3 more entering in 2 years) and for a family trying to determine the best way to deal with this is a challenge. Insurance that accumulates cash value can indeed help defray some costs but you would need to have started while your children were very young and even then you probably would only have funds to help, not pay for it all. I would suggest you talk to your Insurance Agent and see what other options may be available to you to help with those costs.]]></description>

		

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		<title>By: Bob Vineyard</title>

		<link>https://insurancelibrary.com/life-insurance/can-you-use-life-insurance-to-pay-for-college</link>

		<dc:creator>Bob Vineyard</dc:creator>

		<pubDate>Mon, 06 May 2013 12:02:11 +0000</pubDate>

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		<description><![CDATA[Some agents will promote the idea of buying life insurance to fund your child&#039;s education by using the policy cash value to pay education expenses.

This is usually a bad idea and a very expensive way to accumulate cash for any reason, including college education.

Your ROR (rate of return) on cash accumulation is quite low. Consider other options before buying life insurance to fund college expenses.]]></description>

		

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		<title>By: Ted Ratliff</title>

		<link>https://insurancelibrary.com/life-insurance/can-you-use-life-insurance-to-pay-for-college</link>

		<dc:creator>Ted Ratliff</dc:creator>

		<pubDate>Mon, 06 May 2013 11:01:17 +0000</pubDate>

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		<description><![CDATA[There are a variety of strategies for using life insurance to pay for college or help you get financing.  Some basic ones would be borrowing from the cash value of a policy if it has been in force long enough.  Parents will often take out a life insurance policy on themselves to cover their child&#039;s college if the parent should die prematurely.  There are some other more complicated strategies.  A good agent with experience in college planning may be able to help.]]></description>

		

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