Babies and Families

Securing the Future You Want for Your Child with Life Insurance

You want the best for your child, and that likely includes a college education. Life insurance can help protect the financial plan you're already setting in place.

Protect Your Child's Financial Future With a Life Insurance Policy

With nearly 60 percent of all jobs in the U.S. economy today requiring an education beyond high school, never before has a college education been so important.1

As a parent, you want the best for your child - everything from good health to a job that can provide him or her with all of life's essentials. A big part of ensuring a brighter future includes a college education. It's for your child's future that you continue to work hard and save.

But what would happen if something were to happen to you? What would their future look like then?

A life insurance policy can spare your child from sacrificing his or her dreams for a college education by:

  • Allowing them to concentrate on their education

    Today, nearly four out of five U.S. students are attending college part-time while holding down a full-time job.2 If you were to die, the money provided by your life insurance policy for a minor child could be set aside in a trust. So when the time comes, your child can concentrate full-time on getting that diploma sooner rather than later, and not having to choose between going to class or holding down a job.

  • Providing relief from student loan debt

    The amount of student debt outstanding in the U.S. has quintupled in the past decade, rising from less than $250 billion to about $1 trillion, according to the New York Federal Reserve.3 And student-loan default rates have surged to two-decade highs, as even employed college graduates struggle under the debt burden. Even if your child were to successfully complete college, leaving him or her to pay for college with student loans after you're gone can significantly affect their financial future.

  • Keeping them healthy

    College students are major candidates for stress - balancing work, school, and finances. Stress over time can cause serious health issues and increase dropout rates among college students. The benefits provided by a life insurance policy can provide the necessary funds so that your child can stay healthy without the stress of sacrificing good sleep and eating habits due to working nights or weekends.

A college degree isn't a guarantee for success. However, it can be a solid start to a brighter and more secure future. As a parent, one way you can help ensure that your child has a better-than-average start by establishing a life insurance policy - today.

1. The Value of a College Degree, American Public Media, 2014
2. Market Watch, 2013
3. The Huffington Post, 2013

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Life Insurance Policy

A life insurance policy is one way to ensure your child will have money for college in the event that you aren't alive when the time for college arrives for your child. If being able to provide for your family after you are gone is important, then the following article may provide reasons how life insurance can help you achieve that. For more information, visit our learning center.


All Learning Center articles are general summaries that can be used when considering your financial future at various life stages. The information presented is for educational purposes and is meant to supplement other information specific to your situation. It is not intended as investment advice and does not necessarily represent the opinion of Protective Life or its subsidiaries.

Learning Center articles may describe services and financial products not offered by Protective Life or its subsidiaries. Descriptions of financial products contained in Learning Center articles are not intended to represent those offered by Protective Life or its subsidiaries.

Neither Protective Life nor its representatives offer legal or tax advice. We encourage you to consult with your financial adviser and legal or tax adviser regarding your individual situations before making investment, social security, retirement planning, and tax-related decisions. For information about Protective Life and its products and services, visit www.protective.com.

Companies and organizations linked from Learning Center articles have no affiliation with Protective Life or its subsidiaries.

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