This powerful tool is a safe and predictable financial vehicle that offers many benefits. Most people know life insurance for its death benefit – and it is priceless knowing that your loved ones will be taken care of should the worst occur. But did you know that it also allows you to leave this legacy to those you care about as a tax-free inheritance? Very few assets can make that claim.
But on top of this, a correctly constructed permanent policy offers living benefits that cannot be found in any other financial tool. These benefits include riders for unexpected hardships such as chronic illness, disability, and critical illness. Policies can also offer tax-free growth on cash value, and tax free income and guaranteed loan options that give you very powerful collateralization options.
But the greatest gift these policies offer is that they make sure what you want to happen will happen – given that they provide what you expect them to.
Let’s make sure your life insurance is performing as it should.
Check out this short video to learn more: