The time for to save for the major milestones in your child’s life is as soon as possible. These policies are a great way to save for college. An Indexed Universal Life policy (IUL) is a great way to give your child a tax free financial head start that can last a lifetime.
Qualifying for this policy is pretty streamlined. The child just needs to be born healthy.
These policies are set up in such a way that you can’t lose your investment because there is a built in floor. Your cash value can never decrease. This is a very safe way to put money aside for your child that will grow.
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