<prompt> Human: I am currently pregnant with twins, and started researching college savings plans. The Gerber Grow Up plan offers college savings as well as a life insurance policy. It seems like its a stable way to grow your money Im not a risk taker, but I dont know if this is the best option available or even worth it over a savings account.I know I also need to look into the Maryland 529 college savings plan. It does offer state income deductions for MD tax payers, but I feel is more limiting in that it locks in this years rates. I dont want to be locked in, I feel like tuition prices are inflated so much, who knows what will happen in 18 years!Thoughts would be appreciated.  <response>: The Grow Up Plan is a whole life insurance policy for kids.Baaarf. Whole life insurance plans are a terrible investment, even for adults. Life insurance on its own is really only necessary if you have dependents, and even then paying for term life and investing the difference is going to always be better than a bloated, fee-ridden whole life or similar insurance policy.Im not seeing where the Maryland 529 plan has fixed rates. Marylands 529 plan as well as most others are investment-based products, where you either pick a model portfolio or a set of funds, which then get market returns. The Maryland plan is run by T. Rowe Price, and while the fund expenses are a little pricey, arent completely outrageous, and your tax benefit for contributing is likely going to outweigh the higher expenses. 