Today there are many life insurance agents pitching the use of Cash Value Life (CVL) insurance as a way to save for college. Unfortunately, CVL insurance will NOT work for most and could be a financial disaster for many.
Because most people have no idea why CVL insurance is NOT a good college funding tool, I created a 10-page paper detailing specifically why CLV doesn’t work.
To read my 10-page college planning paper in PDF, click on the following link:
http://www.thewpi.org/pdf_files/using.LI.for.college.consumer.pdf