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In this episode of the Safe Haven Solutions Podcast, Larry Kallevig, Kim Carrigan, and insurance specialist Glenn Ramey discuss how life insurance can play a unique role in college planning. They explore how indexed universal life (IUL) policies offer a flexible alternative to traditional savings vehicles, with features like cash value growth, no market loss exposure, and the ability to access funds through tax-free loans for education expenses. The conversation also highlights the added benefits of flexibility in contributions, minimal impact on financial aid, and options for long-term care features. Additionally, they stress the importance of regular life insurance reviews to ensure policies are performing as expected and aligned with evolving financial goals.
Connect with Haven Financial Group on all platforms!
By Haven Financial GroupIn this episode of the Safe Haven Solutions Podcast, Larry Kallevig, Kim Carrigan, and insurance specialist Glenn Ramey discuss how life insurance can play a unique role in college planning. They explore how indexed universal life (IUL) policies offer a flexible alternative to traditional savings vehicles, with features like cash value growth, no market loss exposure, and the ability to access funds through tax-free loans for education expenses. The conversation also highlights the added benefits of flexibility in contributions, minimal impact on financial aid, and options for long-term care features. Additionally, they stress the importance of regular life insurance reviews to ensure policies are performing as expected and aligned with evolving financial goals.
Connect with Haven Financial Group on all platforms!