Why Life Insurance vs. 529 Plans? Let's take a look at two of the most popular college funding vehicles used today, 529 Plans and the use of Life Insurance:

Life Insurance vs. 529 Plans Life Insurance 529 Plans
Annual Contribution Limits No Limit $13,000
Taxation of Withdrawals Tax-Free, using loans Tax-Free, qualified education expenses only
Value for State Education Financial Needs Analysis Excluded Included
Funding if Parent Dies (The Primary Source of Funding) Death Benefit Completion, College Funding Stops, Account value may Not be Sufficient

How Tuition Rewards™ work with Life Insurance?

You receive: (Click here to receive a list of participating colleges and universities)
Immediate 500 points just for meeting with a NBFG Advisor
Additional $5,000 points once a Life Insurance Policy is placed in force with a minimum of $100 monthly premium.
Additional $2,000 points each year the policy is in force.

Tuition Rewards™ Example

Your Tuition Rewards™ Account - Contact us Today!
Beginning of Year 1 – $5,500
Beginning of Year 2 – $7,500
Beginning of Year 3 – $9,500
Beginning of Year 4 – $11,500
Beginning of Year 5 – $13,500
Beginning of Year 6 – $15,500