Saturday, November 21, 2009

Gerber Life Insurance - The Start Smart College Plan


The Start Smart College Plan is a risk-free and an easy way for you to secure College Education to your child. It is an endowment life insurance policy. You can plan your affordability of amounts that can be spared for your child's education every month and Gerber Life provides you the guaranteed benefit payments ranging between $10000 to $150000.

In fact Start Smart College plan is a budget plan that eases worries to make your child secure a perfect college education that's been a dream of you.

The standard premium for this Smart College plan starts from just a dollar a day. Life insurance protects your child with complete benefits if something is going to happen to you before the maturity of the Start Smart College plan.

The cash value of this Smart College Plan policy from Gerber Life Insurance increases throughout the policy term as long as there is continuous payment of premiums. On the date of maturity, the complete benefit payment shall always be greater than the premiums paid by you.

Did You Know?

  • The average cost per year at a 4-year public college is about $14,000 for in-state students and about $25,000 for out-of-state students.
  • The average cost per year at a 4-year private college is about $34,000.
  • College costs have typically risen 4-6% every year.
  • Financial aid and scholarships cannot be expected to cover the full cost of college.

Source: The College Board, Trends in College Pricing 2008. Prices are for 2008-09 and include tuition, fees, room and board.


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