February 19th, 2008
Vehicle for College Fund Accumulation
A variable life insurance policy works well as a vehicle for college fund accumulation only when:* The cash value of the policy grows undisturbed for a period long enough to offset the policy's costs;* More premium dollars are allocated to purchase investments than insurance protection;* The policy offers investment accounts that have strong track records;* The policy has low internal charges; and* The investments within the policy are concentrated in equities rather than bonds and other instruments.