The New Generation of Life Insurance Policies
Discover how life insurance can provide living benefits and safeguard your wealth.
Do you have the old type of life insurance or the new type of coverage?
Most people view life insurance as something that will only benefit someone else when the policyholder dies. What most people don’t know is that the latest generation of life policies provide living benefits that can pay for critical care needs if one were to have a heart attack or a stroke; be diagnosed with conditions like cancer or dementia; or need long-term care due to an accident. These new hybrid policies provide 100% tax-free funding for these and other medical needs as a debit from the face amount of the policy while you are alive.
We all know of someone who faced the financial challenge of having to pay for these expensive medical needs. Each of our insurance carriers provide for this important benefit at no additional cost.
Living benefits aren’t the only benefit our latest generation of life policies can provide.
Most people have never heard that specific life insurance policies can provide 100% tax-free retirement income. Even more, the government recently revised the tax code and made life insurance policies even more accessible for retirement income.
Life insurance has an unfair advantage over other asset classes such as stocks, bonds, mutual funds, 401k’s and most IRA’s. With the exception of Roth IRA’s, these other asset classes all suffer from the same critical problem: the retirement distributions they create are all completely taxable (both federal and state) as ordinary/regular income.
Would you like your retirement checks to be 100% tax-free?
When done correctly, our life insurance policies can actually provide several tax advantages:
Do you feel that our taxation will get better or worse in the coming years?
You know the answer, but what can you do about it?
If you feel our taxation is going to be an ever-increasing concern, we can guide you in creating a retirement structure that allows your funds (or a percentage) to be received 100% tax-free.
Our strategies are not for everyone, but our strength is that we work with a team that includes taxation experts that help us create the exact type of policy to fit the needs of our clients.
For example: if you are a company owner that needs to retain key talent, our concepts allow for a discriminatory selection/funding for those selected executives. Often, but not always, the premium is deductible as a corporate expense.
So, do you have the old type or the new type of life insurance?
Life insurance may not be a “fun” topic to discuss, but it can make an important difference in a person’s life, a family’s legacy, or a company’s continuation. If you want to find out what your options are, start by filling out our initial questionnaire.
Once we connect, you will receive a FREE copy of the bestselling tax-free income book of your choice to give you a head start in securing your tax-free future!
So, do you have the old type or the new type of life insurance?
Life insurance may not be a “fun” topic to discuss, but it can make an important difference in a person’s life, a family’s legacy, or a company’s continuation. If you want to find out what your options are, start by filling out our initial questionnaire.
Once we connect, you will receive a FREE copy of the bestselling tax-free income book of your choice to give you a head start in securing your tax-free future!