(PRWEB) August 28, 2014
Some life insurance plans like whole life insurance build cash value in a savings account. Having life coverage is important for providing financial stability for vulnerable family members.
A life insurance policy requires medical examinations to qualify for coverage. However, some plans can be purchased online. No medical exam life insurance policies do not feature a savings account and clients cannot use them to save money for college expenses.
Whole life insurance is the only policy that can help clients save money for college costs. A policy will build cash value and the accumulated savings can be used by the insured to cover financial expenses.
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