Direct answer
It depends on whether your current coverage amount is sufficient to cover your child’s remaining education costs and living expenses if you were no longer there; many parents increase coverage during school transitions to account for rising tuition and childcare needs.
Financial planning guidelines for educational funding and family protection. For additional information about how life insurance needs evolve with family changes, see the Life Happens educational resources.
What this means for you
It depends on whether your current coverage amount is sufficient to cover your child’s remaining education costs and living expenses if you were no longer there; many parents increase coverage during school transitions to account for rising tuition and childcare needs.
FARMER STOCKMAN
Protecting Your Future with Confidence
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This page is informational and not a coverage guarantee or quote.
