Online Scholarship Vote Highlights Need for Parents to Include Life Insurance in Their College-Funding Plans

Coming up with the money to pay for college is a challenge for most young people, but the task becomes even more daunting when a parent dies prematurely, especially if that person didn't have adequate life insurance coverage. With mom or dad no longer able to lend a hand, many young people often have no choice but to set aside or postpone their dream of a college education. Evidence of this problem is well documented in the thousands of submissions that the nonprofit LIFE Foundation receives each year through its LIFE Lessons Scholarship Program.

Online Scholarship Vote Highlights Need for Parents to Include Life Insurance in Their College-Funding Plans
Source: PR Newswire