Ebony and Shanna Blanchard

When Jackie Blanchard's husband died at 28 with barely enough life insurance to pay for his funeral, she purchased enough coverage for herself to ensure that her young daughters, Ebony and Shanna, would be fine if something happened to her.

Two years later, she was diagnosed with terminal lung cancer. Jackie used her policy's accelerated death benefit provision to finance a home and a car for her daughters and to fund their future education.

Today, Ebony, a recent college graduate, and Shanna, a high school senior, live in the home their mother purchased for them and are realizing the dreams she had always wanted for them.

If you or your spouse died prematurely, could your children still attend college or would their college savings plan die with you?