02/24/2026
College Investment Plan
Plan Ahead for College — Protect the Future You’re Working Toward
Raising a family in Illinois means thinking beyond today’s homework and activities and planning for what comes next — especially the rising cost of college. Many families want a structured way to prepare for education expenses while keeping flexibility if life takes an unexpected turn.
A Smart, Guaranteed Way to Fund Education & Future Goals
Rising college costs are one of the biggest financial challenges families face today. The College Plan could be a budget-friendly alternative to traditional college savings plans. It is an individual endowment, which is a type of life insurance contract.
Designed to give parents, grandparents and other family members a way to provide college support for their loved ones, it offers guaranteed growth, no stock market risk and a life insurance death benefit. It’s a financial resource that can be used for educational expenses or any other purpose, and it’s a great way for you to invest in your loved ones’ dreams.
Whether your child chooses college, trade school, or another path, the funds can be used however you decide. Key Advantages: • Guaranteed accumulation – no market risk • Fixed premiums that never increase • Flexible use of funds (education, business, life expenses) • Built-in life insurance protection • Structured payouts aligned with college years.
How the College Investment Plan Helps
You choose the duration and amount of the policy — Individuals who are U.S. Citizens or permanent legal residents from 18 to 60 years old can apply for $10,000 up to $150,000 per policy with a cap of $500,000 (in total for all policies) per insured. Maturities range from 10- to 20-year durations
The plan offers the opportunity for a guaranteed payout for each college year — One of the most unique features of the College Plan is that you can purchase either one policy or up to four additional policies for paying college expenses.
Your premiums never increase — Your premiums are guaranteed, which means you’ll never pay a penny more as long as all payments are made on time.
You choose how you want to pay — Premiums can be paid annually, semi-annually, quarterly, monthly or bi-monthly.
You enjoy the flexibility to use the guaranteed payout any way you’d like — Unlike a 529 Plan, there are no restrictions to how the money can be used, whether it’s for college, trade school, to supplement retirement savings, or for any other savings need or goal.
Cash accumulation is guaranteed with no stock market risk — The College Plan guarantees that when the policy matures, you will receive the full accumulation amount.
A death benefit is included — Death benefit protection is a unique feature not typically found in college savings plans and bank CDs. If the policy owner passes away prematurely, the full guaranteed accumulation amount is paid as a death benefit.
Designed for Illinois Families
From Chicago to the suburbs and communities across Illinois, this college planning approach reflects the real costs families face — helping ensure education goals stay on track even when life doesn’t go exactly as planned.
Who This Information Is For
Parents with children in elementary, middle, or high school
Families thinking ahead to college costs but unsure where to start
Households that want education planning with built-in safeguards
Parents who prefer learning about options before making decisions
Ready to Learn More?
Information is provided by request only, with no obligation to purchase anything.
Call or text:
James Anderson — (708) 581-7051
Licensed Illinois Life & Health Insurance Producer
IL License #22049858
All plans are subject to underwriting, product availability, and state regulations.
