Every parent wants their children to have the very best start in life. When it comes to how to make that goal a reality, parents should consider plans offered through Next gen Financial. We can help you develop a program that gives your child a head start on saving for their college education, the down payment of their first home, and even their retirement, all while giving them the protection of life insurance.

These “smart” insurance-based plans and scholarship tuition rewards programs are designed to help you set aside funds to protect your child’s future while protecting their insurability, regardless of what happens later in life. The life insurance policy provides insurance coverage for your child, coupled with a cash value savings component, which is certainly a smart start.

Why Do I Need To Consider Insurance for My Child Now?

It can be tough to save money for your child’s future; and at Next Gen Financial we aim to make that a little bit easier.

We go beyond education expenses: in addition to using funds to help pay for the cost of college, available cash value can be used at any point in your child’s life. If they want to use funds for a down payment on a home, they can do so! When it’s time for them to retire, if the policy is still in force, they can even create a retirement income stream from their insurance policy.

How Do These Insurance Based Savings Plans Work?

By setting aside a small amount of money every month or quarter starting when your child is young, you can help them set aside cash for future needs while providing valuable insurance coverage.

A portion of your premium payment goes to pay the cost of life insurance coverage. The balance becomes part of the policy’s cash value, which accumulates and grows tax-free.

Start Building Tuition Rewards Today! Life Insurance Coupled With Sage Scholars Tuition Rewards are a powerful combination.

What Are Tuition Rewards?

Tuition Rewards is a unique rewards program, offered by employers, health insurers, financial institutions, and nonprofits, to address American families’ number one financial concern — a college education for their children, grandchildren, nieces, and nephews. Each Tuition Rewards Point represents a guaranteed minimum scholarship (discount) equivalent to one dollar, with a maximum discount of up to one year’s tuition, spread equally over 4 years of full-time undergraduate education. The number of Points redeemed determines the minimum, guaranteed tuition discount a student can receive at over 450 SAGE Scholars colleges and universities. The student may receive more — but cannot receive less.

Member Colleges & Universities:

Member schools include Duquesne University, Rochester Institute of Technology, Savannah College of Art and Design, University of Dayton, Rensselaer Polytechnic Institute, Robert Morris University, Widener University, DePaul University, Worcester Polytechnic Institute, Ursinus College, High Point University, Grand Canyon University, and the University of San Diego.

Learn More About Sage Scholars Tuition Rewards

Choose Next Gen Financial To Help Save For Your Child’s Future!

Some insurance organizations and professionals are simply trying to sell you proprietary insurance products to earn commissions. At Next Gen Financial, we don’t believe there are any one-size-fits-all solutions, and we don’t sell our own products. Instead, we take the time to understand your financial situation, your goals for the future and your budget to help you find a policy that is a perfect fit. We are committed to helping you find insurance solutions that meet your goals, your needs and your bottom line, and we can shop more than a dozen carriers for you to make that happen.