Invariably, permanent life insurance decisions fall into two distinct objectives:

Size: px
Start display at page:

Download "Invariably, permanent life insurance decisions fall into two distinct objectives:"

Transcription

1 One of the most common questions we are asked by both consumers and life insurance agents: Which one is better, Index Universal Life or Whole Life? Here's the answer. Almost everyone wants to get the best deal, the best value, the most return on their investment, and almost everyone wants to avoid significant risk when possible. This is true with life insurance as much as with any other product. Unfortunately, life insurance is relatively complex, and to add to the confusion there are a lot of opinions on the Internet that are NOT based on actual facts. These fallacious opinions are almost always offered by people with an agenda contrary to consumers best interest, usually based on willful ignorance, myopia, confirmation bias, mental accounting, and even stupidity. A savvy consumer uses a professional life insurance agent to examine the facts, and then chooses the policy, or portfolio of policies recommended by their agent that best solves all of their problems. Invariably, permanent life insurance decisions fall into two distinct objectives: 1. Highest Internal Rate of Return (IRR) on Death, or 2. Highest Internal Rate of Return on Cash Value Accumulation. Some policies try to solve both problems, but that is almost always a sub-optimal solution, because no policy can do both extremely well. If you're buying life insurance for liquidity at death, the policy design and premium structure will differ greatly from a life insurance purchase to fund stream of income at retirement. This should be intuitive, but we routinely find policy owners that own the wrong kind of insurance for their current financial planning objectives. For example, we find that some people who own permanent life insurance that really should 1 / 5

2 own term insurance. Likewise, we find policy owners that own term insurance that really should own a permanent cash value policy, either because their needs are never going away, or they suffer from reverse discrmination in the retirement funding area. These permanent life insurance policy needs include: - Cash for estate preservation due to income taxes, federal estate and gift taxes, state inheritance taxes, and capital gains taxes due, - Cash business continuity and executive succession - Phantom income tax reduction using group-term carve out - Funding for excess benefit plans to correct reverse-discrimination in the qualified plan arena (nonqualified deferred compensation, select exectutive retirement plans, executive bonus plans, split dollar plans, death benefit only plans, etc.) - Funding for defined benefit pension plans - Wealth replacement for Charitable Remainder Trusts - Pension Maximization for workers eligible for a Defined Benefit Pension - Social Security Maximization - and, Supplemental Retirement Income To obtain the maximum IRR on death, one needs the highest death benefit in relation to the premiums paid. On the other extreme, in order to obtain the maximum IRR on cash values, one must pay the highest premium in relation to the death benefit. When the need for death benefits we identify are permanent, AND/OR there's a need for cash value accumulation, the two policies that are most commonly compared are Index Universal Life and Dividend Paying Whole Life. This begs the question: Which one is better? You decide... Type Index of Life Whole Universal Insurance: Life Life (dividend paying) Premiums Flexible Fixed Death Benefits Adjustable Fixed 2 / 5

3 Cash Values Cash values grow with Index Linked Interest - market sensitive, with participation rates and/or interest ra Guaranteed cash values based on an assumed interest rate, usually 3% or 4%, plus non-guaranteed div Policy Loans Loan Interest Rate Fixed OR Variable, policy owner choice Fixed or Variable, determined by policy Tax Free Retirement, when properly structured, policy can produce a lifetime of tax-free retirement income, as long as the, by surrendering dividends to cost basis, then policy loans. Some policies may perform better by usi Overloan Protection Maybe Policy can be used as a Family Bank 3 / 5

4 Arbitrage Potential, with Variable Loan Interest Maybe, if policy uses Non-Direct Recognition Dividend scales. Sizzle - The Unique Owner Benefits Maximum Cash Accumulation, with index Potential linked interest Flexible credits premiums upwards of 13-14% and or more per year, with adjusta prin Guaranteed Cash Values scheduled in contract, plus Reduced standard Paid-Up non-forfeiture and options Annuitization - (partially taxa Downside Positive stock market index NOT growth is guaranteed. What this means to you is that cash values Dividends are NOT guaranteed. Industry wide, NOT dividends have been flexible trendin Which one should you own? If you want maximum non-guaranteed cash value growth potential for either a lump sum cash need, a ta If you want guaranteed cash value growth with some sacrafice on the potential upside during periods of 4 / 5

5 Amateur agents always recommend the same type of policy, regardless of the needs of the client. Professional agents recommend the policy, or portfolio of policies, that best solves your problems and meets your needs. The purchase of life insurance is a serious decision, with significant financial implications for you, your business, and your heirs. That is why it is always a good idea to use a professional insurance agent when purchasing life insurance. The best choice is an insurance agent that has earned the professional designation Chartered Life Underwriter. To speak with a life insurance specialist, call today (800) / 5

CHAPTER 9 BUSINESS INSURANCE

CHAPTER 9 BUSINESS INSURANCE CHAPTER 9 BUSINESS INSURANCE Just as individuals need insurance for protection so do businesses. Businesses need insurance to cover potential property losses and liability losses. Life insurance also is

More information

Do You Have the Right Life Insurance?

Do You Have the Right Life Insurance? Do You Have the Right Life Insurance? Having adequate life insurance should be an important part of your financial planning. The type(s) you choose will depend on your needs and goals. Life insurance was

More information

Planning Concepts For Non-Qualified Money

Planning Concepts For Non-Qualified Money Planning Concepts For Non-Qualified Money 1. Make CD's Your Ally, Instead of Your Enemy. When your prospect has a lot of money in CD's of varying durations, it is typically because they want to be sure

More information

Whole Life/Ten Payment Whole Life

Whole Life/Ten Payment Whole Life Whole Life/Ten Payment Whole Life Vitus Lau Tel: 510.279.2277 VitusLau@finsvcs.com Whole Life/Ten Payment Whole Life Disclosure: The information provided is not written or intended as tax or legal advice

More information

Flexible. Dependable. Guaranteed.

Flexible. Dependable. Guaranteed. Secure Whole Life Insurance At-a-glance A permanent policy with dividend options Flexible. Dependable. Guaranteed. A secure choice for your financial future Guarantees are based on the claims-paying ability

More information

Discover What s Possible

Discover What s Possible Discover What s Possible Guaranteed Choice SM Whole Life for Business Guaranteed Choice SM for Business Owners Whole Life There is comfort in predictability There s a certain comfort that comes with knowing

More information

THE KUGLER SYSTEM -- VOLUME 1 A SUMMARY OF LIFE INSURANCE PRODUCTS TABLE OF CONTENTS

THE KUGLER SYSTEM -- VOLUME 1 A SUMMARY OF LIFE INSURANCE PRODUCTS TABLE OF CONTENTS THE KUGLER SYSTEM -- VOLUME 1 A SUMMARY OF LIFE INSURANCE PRODUCTS TABLE OF CONTENTS Introduction Assumptions Used in This Text Chapter I: Basic Forms of Term Insurance Annual Renewable Term Insurance

More information

> The Role of Insurance in Wealth Planning

> The Role of Insurance in Wealth Planning > The Role of Insurance in Wealth Planning Insurance solutions for planned giving A S S A N T E E S T A T E A N D I N S U R A N C E S E R V I C E S I N C. Insurance solutions for planned giving Charitable

More information

A Guide to Life Insurance for Small Business SUN LIFE FINANCIAL

A Guide to Life Insurance for Small Business SUN LIFE FINANCIAL A Guide to Life Insurance for Small Business SUN LIFE FINANCIAL For a small business owner, group life insurance and qualified plans may not be adequate to protect the business from unforeseen risks or

More information

Understanding Annuities

Understanding Annuities Retirement Planning Understanding Annuities Learn how these versatile investments can be part of your strategy for retirement savings and income. understanding annuities Annuities can help provide the

More information

GUARANTEES TO LAST A LIFETIME.

GUARANTEES TO LAST A LIFETIME. Whole Life Insurance Secure Protector Secure Accumulator A policy to grow. A policy to protect. FIXED GUARANTEES TO LAST A LIFETIME. Insurance products are issued by Minnesota Life Insurance Company in

More information

Discover What s Possible

Discover What s Possible Discover What s Possible Whole Life for Business SM Flexible Choice SM Flexible Choice Whole Life for Business Owners Life is filled with possibilities You ve followed your passion, creating a vision for

More information

Business Uses of Life Insurance

Business Uses of Life Insurance Select Portfolio Management, Inc. David M. Jones, MBA Wealth Advisor 120 Vantis, Suite 430 Aliso Viejo, CA 92656 949-975-7900 dave.jones@selectportfolio.com www.selectportfolio.com Business Uses of Life

More information

Life Insurance Portfolio AT A GLANCE SUN LIFE FINANCIAL

Life Insurance Portfolio AT A GLANCE SUN LIFE FINANCIAL ADVISOR USE ONLY Life Insurance Portfolio AT A GLANCE SUN LIFE FINANCIAL SunTerm Sun Limited Pay Life SunUniversalLife and SunUniversalLife Max Sun Par Protector Sun Par Accumulator You can meet your clients

More information

abc GUARANTEES TO LAST A LIFETIME. FIXED A policy to grow. A policy to protect. Whole Life Insurance Secure Protector Secure Accumulator

abc GUARANTEES TO LAST A LIFETIME. FIXED A policy to grow. A policy to protect. Whole Life Insurance Secure Protector Secure Accumulator Whole Life Insurance Secure Protector Secure Accumulator Financial Professional A policy to grow. A policy to protect. FIXED GUARANTEES TO LAST A LIFETIME. Insurance products are issued by Minnesota Life

More information

WHOLE LIFE INSURANCE. Whole Life PERSONAL GUIDE INVEST INSURE RETIRE

WHOLE LIFE INSURANCE. Whole Life PERSONAL GUIDE INVEST INSURE RETIRE WHOLE LIFE INSURANCE Whole Life PERSONAL GUIDE INVEST INSURE RETIRE NOT A BANK OR A CREDIT UNION DEPOSIT OR OBLIGATION NOT FDIC OR NCUA-INSURED NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY NOT GUARANTEED

More information

Guaranteed Protection Universal Life. Discover What s Possible

Guaranteed Protection Universal Life. Discover What s Possible Guaranteed Protection Universal Life Discover What s Possible Guaranteed Protection Universal Life Peace of mind for you, protection for your heirs As the center of a sound financial plan, permanent life

More information

Indexed Survivor Universal Life

Indexed Survivor Universal Life Indexed Survivor Universal Life Protecting your estate... 15888 7/10 Indexed Survivor Universal Life Building wealth has always been about more than living the good life. The estate you ve amassed through

More information

Corporate asset efficiency

Corporate asset efficiency Life insurance solutions Corporate asset efficiency Manage. Access. Preserve. A smart solution for professionals permanent life insurance, a unique asset that can offer tax-advantaged growth. Consider

More information

CONNECTION TO CONTINUE YOUR THE NEXT GENERATION LIVING BY WHAT WE GET, BUT WE MAKE A LIFE BY WHAT WE GIVE. PACIFIC SELECT SURVIVORSHIP VUL

CONNECTION TO CONTINUE YOUR THE NEXT GENERATION LIVING BY WHAT WE GET, BUT WE MAKE A LIFE BY WHAT WE GIVE. PACIFIC SELECT SURVIVORSHIP VUL CONTINUE YOUR CONNECTION TO THE NEXT GENERATION Pacific Life Insurance Company PACIFIC SELECT SURVIVORSHIP VUL Flexible premium last survivor variable universal life insurance with indexed options CLIENT

More information

ESTATEMAXTM. The Power of Participating Life Insurance

ESTATEMAXTM. The Power of Participating Life Insurance ESTATEMAXTM The Power of Participating Life Insurance What is EstateMax? EstateMax is a participating whole life insurance plan offered by Empire Life that combines permanent life insurance with the unique

More information

Life Insurance: Business Applications

Life Insurance: Business Applications Life Insurance: Business Applications What is business life insurance? Life insurance is an important part of a business. It may be used as a funding mechanism for your buy-sell agreement and as business

More information

Preserve what you spent a lifetime creating

Preserve what you spent a lifetime creating An Overview Guide for Consumers Preserve what you spent a lifetime creating A look at MassMutual Survivorship Whole Life insurance Insurance Strategies Contents 1 Life insurance that works as hard as you

More information

CHAPTER 10 ANNUITIES

CHAPTER 10 ANNUITIES CHAPTER 10 ANNUITIES are contracts sold by life insurance companies that pay monthly, quarterly, semiannual, or annual income benefits for the life of a person (the annuitant), for the lives of two or

More information

Income Goal Insurance Plan

Income Goal Insurance Plan Income Goal Insurance Plan HSBC Life (International) Limited HSBC Life (International) Limited ( the Company ) is incorporated in Bermuda with limited liability, and is one of the HSBC Group s insurance

More information

Corporate estate transfer with cash withdrawal

Corporate estate transfer with cash withdrawal Life Insurance Solutions guarantees products assets opportunities growth capital protection income benefit solutions options stability Plan today. Provide tomorrow. Corporate estate transfer with cash

More information

There s more to insurance than you expect.

There s more to insurance than you expect. There s more to insurance than you expect. And you can bank on that. Life has a way of throwing things at you, some expected, others not so much. Whatever the case may be and no matter the situation, permanent,

More information

A GUIDE TO INVESTING IN ANNUITIES

A GUIDE TO INVESTING IN ANNUITIES A GUIDE TO INVESTING IN ANNUITIES What Benefits Do Annuities Offer in Planning for Retirement? Oppenheimer Life Agency, Ltd. Oppenheimer Life Agency, Ltd., a wholly owned subsidiary of Oppenheimer & Co.

More information

Insurance. Survivorship Life. Insurance. The Company You Keep

Insurance. Survivorship Life. Insurance. The Company You Keep Insurance Survivorship Life Insurance The Company You Keep Permanent Life Insurance Protection for Two People You ve built a legacy, but who will be the recipients your heirs or the IRS? 1 Now is the time

More information

Retirement Planning with Cash Value Life Insurance

Retirement Planning with Cash Value Life Insurance Retirement Planning with Cash Value Life Insurance Supplement Your Savings Presented by: Gary Cromartie The Ohio National Life Insurance Company Ohio National Life Assurance Corporation Ohio National Equities,

More information

Estate Planning. Insured Inheritance. Income Shelter. Insured Annuity. Capital Gains Protector

Estate Planning. Insured Inheritance. Income Shelter. Insured Annuity. Capital Gains Protector Estate Planning Insured Inheritance The Insured Inheritance concept demonstrates an opportunity to shelter a lump sum investment from income tax and to ensure that the maximum tax-free dollars become available

More information

Life insurance solutions for. business owners

Life insurance solutions for. business owners Life insurance solutions for business owners Life insurance solutions for business owners What s the best life insurance for business owners? It depends on where you see yourself in the future and at which

More information

TOP 20 USES FOR LIFE INSURANCE In Estate, Business Succession, and Financial Planning

TOP 20 USES FOR LIFE INSURANCE In Estate, Business Succession, and Financial Planning TOP 20 USES FOR LIFE INSURANCE In Estate, Business Succession, and Financial Planning Permanent life insurance is not just about death benefits. It s an essential tool in estate, business succession, and

More information

> The Role of Insurance in Wealth Planning

> The Role of Insurance in Wealth Planning > The Role of Insurance in Wealth Planning Tax-sheltered investing using life insurance A S S A N T E E S T A T E A N D I N S U R A N C E S E R V I C E S I N C. Tax-sheltered investing using life insurance

More information

Live Today. Secure Tomorrow.

Live Today. Secure Tomorrow. Live Today. Secure Tomorrow. Single Premium Indexed Universal Life Insurance Policy Issued by Fidelity & Guaranty Life Insurance Company, Baltimore, MD 12-381 Expecting the Unexpected Just because the

More information

Lincoln life insurance portfolio at-a-glance

Lincoln life insurance portfolio at-a-glance Tax-efficiency Guarantees Protection life insurance portfolio at-a-glance Cash flow Growth potential Estate planning Business protection The National Life Insurance Company Not a deposit Not FDIC-insured

More information

> A Lifetime of Financial Security and Peace of Mind

> A Lifetime of Financial Security and Peace of Mind > A Lifetime of Financial Security and Peace of Mind Insurance solutions to meet your personal and business needs ASSANTE ESTATE AND INSURANCE SERVICES INC. Introducing Assante Estate and Insurance Services

More information

Understanding Annuities: A Lesson in Indexed Annuities

Understanding Annuities: A Lesson in Indexed Annuities Understanding Annuities: A Lesson in Indexed Annuities Did you know that an annuity can be used to systematically accumulate money for retirement purposes, as well as to guarantee a retirement income that

More information

OPTIMAX. Permanent Participating Life Insurance. Tools for your financial future

OPTIMAX. Permanent Participating Life Insurance. Tools for your financial future OPTIMAX Permanent Participating Life Insurance Tools for your financial future YOU NEED INSURANCE Everyone needs insurance, but the insurance world can be utterly confusing Term 10, Term to 100, Universal

More information

Give a Gift of a Lifetime Uncovering the Money Stages of Whole Life Insurance

Give a Gift of a Lifetime Uncovering the Money Stages of Whole Life Insurance Give a Gift of a Lifetime Uncovering the Money Stages of Whole Life Insurance A CONSUMER GUIDE FOR ILLUSTRATION UNDERSTANDING IN JUVENILE GIFTING SCENARIOS: USING GUARDIAN WHOLE LIFE PAID-UP AT AGE 65

More information

Annuities. Products. Safe Money. that Stimulate Financial Growth & Preserve Wealth. Safe Money is for money you cannot afford to lose.

Annuities. Products. Safe Money. that Stimulate Financial Growth & Preserve Wealth. Safe Money is for money you cannot afford to lose. Annuities Safe Money Products that Stimulate Financial Growth & Preserve Wealth Safe Money is for money you cannot afford to lose. Learn why Annuities are considered to be a Safe Money Place and how these

More information

Immediate Annuities. Reno J. Frazzitta Investment Advisor Representative 877-909-7233 www.thesmartmoneyguy.com

Immediate Annuities. Reno J. Frazzitta Investment Advisor Representative 877-909-7233 www.thesmartmoneyguy.com Reno J. Frazzitta Investment Advisor Representative 877-909-7233 www.thesmartmoneyguy.com Immediate Annuities Page 1 of 7, see disclaimer on final page Immediate Annuities What is an immediate annuity?

More information

Gifts to the Foundation or Endowed Gifts Help ensure that the residents of St. Mary s Home will continue

Gifts to the Foundation or Endowed Gifts Help ensure that the residents of St. Mary s Home will continue Gifts to the Foundation or Endowed Gifts Help ensure that the residents of will continue to receive the comprehensive care they need, long into the future. Your gift to either Foundation or an endowed

More information

Financial professional s guide to Secure Whole Life

Financial professional s guide to Secure Whole Life Secure Whole Life Insurance A permanent policy with dividend options Financial professional s guide to Secure Whole Life 1 m A Securian Company Table of contents Introduction, The Company..............................................................

More information

Selling Life Insurance to Your Prospects and Clients

Selling Life Insurance to Your Prospects and Clients Selling Life Insurance to Your Prospects and Clients 1 The Value of Growing Life Sales Maximizing overall sales Growing new sales rather than shifting sales Further strengthen the agent/client relationship

More information

Learning Objectives 26. What Is Insurance? 3. Coverage Concepts 8. Types of Insurance 10. Types of Insurers 11. Introduction 26

Learning Objectives 26. What Is Insurance? 3. Coverage Concepts 8. Types of Insurance 10. Types of Insurers 11. Introduction 26 Contents u n i t 1 Introduction to Insurance 1 Introduction 2 Learning Objectives 2 What Is Insurance? 3 Risk 4 Coverage Concepts 8 Types of Insurance 10 Types of Insurers 11 Domicile and Authorization

More information

Methods of Giving. Create Your Texas A&M Legacy GIVING

Methods of Giving. Create Your Texas A&M Legacy GIVING Methods of Giving Create Your Texas A&M Legacy GIVING What is the Texas A&M Foundation? Founded in 1953, the Texas A&M Foundation is a nonprofit organization that encourages major gifts and manages endowments

More information

A STABLE CHOICE FOR YOUR FINANCIAL FUTURE.

A STABLE CHOICE FOR YOUR FINANCIAL FUTURE. Universal Life Insurance Accumulator UL Protection. Preservation. Predictability. FIXED A STABLE CHOICE FOR YOUR FINANCIAL FUTURE. Insurance products are issued by Minnesota Life Insurance Company in all

More information

Understanding Fixed Indexed Annuities

Understanding Fixed Indexed Annuities Fact Sheet for Consumers: Understanding Fixed Indexed Annuities PRESENTED BY Insured Retirement Institute Fact Sheet for Consumers: Understanding Fixed Indexed Annuities Put simply, a Fixed Indexed Annuity

More information

RetireIncome Annuity Plan

RetireIncome Annuity Plan RetireIncome Annuity Plan HSBC Life (International) Limited HSBC Life (International) Limited ( the Company ) is incorporated in Bermuda with limited liability, and is one of the HSBC Group s insurance

More information

Please contact us for more information and/or for additional white paper titles or copies.

Please contact us for more information and/or for additional white paper titles or copies. Harris Private Bank has helped affluent families grow and preserve their wealth for more than 100 years. We work closely with your existing advisors to make sure all aspects of your wealth strategy fit

More information

Life Insurance: Lone Ranger or Black Bart?

Life Insurance: Lone Ranger or Black Bart? Life Insurance: Lone Ranger or Black Bart? Bryan Clontz, CFP President, Charitable Solutions, LLC bryan@charitablesolutionsllc.com (404) 375-5496 Agenda Life Insurance Defined Key Tax and Appraisal Points

More information

Understanding Annuities

Understanding Annuities Annuities, 06 5/4/05 12:43 PM Page 1 Important Information about Variable Annuities Variable annuities are offered by prospectus, which you can obtain from your financial professional or the insurance

More information

Important Information about your Annuity Investment

Important Information about your Annuity Investment Robert W. Baird & Co. Incorporated Important Information about your Annuity Investment What is an Annuity Contract? An annuity is a contract between you and an insurance company, under which you make a

More information

Life Insurance: A Multi-Purpose Wealth Management Tool

Life Insurance: A Multi-Purpose Wealth Management Tool Life Insurance: A Multi-Purpose Wealth Management Tool These materials are not intended to be used to avoid tax penalties and were prepared to support the promotion or marketing of the matter addressed

More information

Discover What s Possible

Discover What s Possible Discover What s Possible Whole Life SM Flexible Choice SM Flexible Choice Whole Life for Individuals and Families Life is filled with possibilities As the path of life unfolds, life insurance may be the

More information

Leave more than just your name behind. Today s investment. Tomorrow s legacy.

Leave more than just your name behind. Today s investment. Tomorrow s legacy. Leave more than just your name behind Today s investment. Tomorrow s legacy. Features that meet your needs Intelligent investment made simple PruLife Vantage is a unique whole-of-life coverage plan that

More information

LIFE INSURANCE KEY FACTS

LIFE INSURANCE KEY FACTS GENERAL INSURANCE CONCEPTS LIFE INSURANCE KEY FACTS A condition that could result in a loss is known as an EXPOSURE. An insurer is responsible for all acts of their agents as long as the agent operates

More information

Protect your business and enhance your financial security. Business Insurance Strategies

Protect your business and enhance your financial security. Business Insurance Strategies Protect your business and enhance your financial security Business Insurance Strategies Ensure your financial security There are often distinct advantages to being a significant shareholder in a private

More information

Annuities. Introduction 2. What is an Annuity?... 2. How do they work?... 3. Types of Annuities... 4. Fixed vs. Variable annuities...

Annuities. Introduction 2. What is an Annuity?... 2. How do they work?... 3. Types of Annuities... 4. Fixed vs. Variable annuities... An Insider s Guide to Annuities Whatever your picture of retirement, the best way to get there and enjoy it once you ve arrived is with a focused, thoughtful plan. Introduction 2 What is an Annuity?...

More information

Life Insurance as an Employee Benefit

Life Insurance as an Employee Benefit Life Insurance as an Employee Benefit What is it? Life insurance is a contract whereby the insurance company pays a sum specified within the contract to a named beneficiary upon the death of the insured,

More information

What is Whole Life insurance?

What is Whole Life insurance? What is Whole Life insurance? A quick look at permanence and stability Whole Life is a versatile financial instrument used for protecting families and businesses while creating and enhancing portfolio

More information

Your Investments and Other Assets

Your Investments and Other Assets Your Investments and Other Assets 401(k) Plans Whose plan? Client Co-Client Current total value: $ Current Roth value: $ After-tax value (non-roth): $ Income Total income from this employer: $ Will this

More information

Understanding Annuities: A Lesson in Annuities

Understanding Annuities: A Lesson in Annuities Understanding Annuities: A Lesson in Annuities Did you know that an annuity can be used to systematically accumulate money for retirement purposes, as well as to guarantee a retirement income that you

More information

A Commitment to Guarantees

A Commitment to Guarantees A Commitment to Guarantees TransACE ICC 12 OL 2770 0912 TransACE There are guarantees in life. With so much uncertainty these days, it s nice to know there are still important safeguards you can take to

More information

Allianz Dominator Plus Annuity

Allianz Dominator Plus Annuity Allianz Life Insurance Company of North America Allianz Dominator Plus Annuity Assured interest with a locked-in interest rate. CB52121 Page 1 of 11 Allianz Dominator Plus Annuity from Allianz Life Insurance

More information

WHAT YOU DON'T KNOW ABOUT ANNUITIES CAN HURT YOU FINANCIALLY

WHAT YOU DON'T KNOW ABOUT ANNUITIES CAN HURT YOU FINANCIALLY WHAT YOU DON'T KNOW ABOUT ANNUITIES CAN HURT YOU FINANCIALLY Presented by: James J. Holtzman, CFP, CPA Personal Chief Financial Officer and Shareholder Legend Financial Advisors, Inc. And EmergingWealth

More information

W3 Wealth Management, LLC Shelby Morgan 90 N. Miller Road Akron, OH 44313 330-836-3805 Shelby@W3wealth.com. Key Employee Insurance

W3 Wealth Management, LLC Shelby Morgan 90 N. Miller Road Akron, OH 44313 330-836-3805 Shelby@W3wealth.com. Key Employee Insurance W3 Wealth Management, LLC Shelby Morgan 90 N. Miller Road Akron, OH 44313 330-836-3805 Shelby@W3wealth.com Key Employee Insurance W3 Wealth Management, LLC Page 2 of 9 Table of Contents Life Insurance

More information

EarlyIncome Annuity Plan

EarlyIncome Annuity Plan EarlyIncome Annuity Plan HSBC Life (International) Limited HSBC Life (International) Limited ( the Company ) is incorporated in Bermuda with limited liability, and is one of the HSBC Group s insurance

More information

Lincoln universal and term life insurance portfolio at-a-glance

Lincoln universal and term life insurance portfolio at-a-glance FOR LIFE Universal and Term Life Insurance Lincoln universal and term life insurance portfolio at-a-glance Product Menu The Lincoln National Life Insurance Company Lincoln Life & Annuity Company of New

More information

Cash Bonus Elite. Annuity CB50330. Page 1 of 6

Cash Bonus Elite. Annuity CB50330. Page 1 of 6 CB50330 Page 1 of 6 Cash Bonus Elite How would you like to enjoy up to 10% immediate growth on your money plus, up to 10% immediate growth on all additional payments made in the next 10 years? An exceptional

More information

The State Life Insurance Company P. O. Box 6062 Indianapolis, IN 46206-6062

The State Life Insurance Company P. O. Box 6062 Indianapolis, IN 46206-6062 P. O. Box 6062 Indianapolis, IN 46206-6062 Life Insurance Illustration Single Premium Deferred Individual Retirement Annuity and Current Interest Whole Life Insurance with Long-Term Care Benefits for Either

More information

AGENT S GUIDE. A Senior Market Life Insurance Sales Opportunity! Table of Contents

AGENT S GUIDE. A Senior Market Life Insurance Sales Opportunity! Table of Contents A Senior Market Life Insurance Sales Opportunity! Table of Contents Overview Finding Premium Dollars Questions You Should Be Asking ALL Clients/Prospects Real Cases Written Some Tips What s Your Next Move

More information

Nonqualified annuities can be classified in a number of ways:

Nonqualified annuities can be classified in a number of ways: The term annuity refers to any situation where principal and interest are paid out in a series of regular payments. A nonqualified annuity, generally, is an annuity purchased by an individual from a life

More information

Total Financial Solutions. Practical Perspectives on Tax Planning

Total Financial Solutions. Practical Perspectives on Tax Planning TM Trademark used under authorization and control of The Bank of Nova Scotia. ScotiaMcLeod is a division of Scotia Capital Inc., Member CIPF. All insurance products are sold through ScotiaMcLeod Financial

More information

Life Insurance, Disability Income & Annuities Exam Study Guide

Life Insurance, Disability Income & Annuities Exam Study Guide Life Insurance, Disability Income & Annuities Exam Study Guide This document contains all the questions that will included in the final exam, in the order that they will be asked. When you have studied

More information

Distributions and Rollovers from

Distributions and Rollovers from Page 1 of 6 Frequently Asked Questions about Distributions and Rollovers from Retirement Accounts Choosing what to do with your retirement savings is an important decision. Tax implications are just one

More information

Chapter 14. Agenda. Individual Annuities. Annuities and Individual Retirement Accounts

Chapter 14. Agenda. Individual Annuities. Annuities and Individual Retirement Accounts Chapter 14 Annuities and Individual Retirement Accounts Agenda 2 Individual Annuities Types of Annuities Taxation of Individual Annuities Individual Retirement Accounts Individual Annuities 3 An annuity

More information

Maximize Your Pension with Life Insurance

Maximize Your Pension with Life Insurance Maximize Your Pension with Life Insurance How Death Benefit Protection Can Help You Get the Most Out of Your Pension Benefits Client Brochure Achieve financial protection while maximizing your pension

More information

> The Role of Insurance in Wealth Planning

> The Role of Insurance in Wealth Planning > The Role of Insurance in Wealth Planning Executive retirement solutions A S S A N T E E S T A T E A N D I N S U R A N C E S E R V I C E S I N C. Executive retirement solutions Everyone wants enough retirement

More information

The Power of the Charitable Remainder Trust

The Power of the Charitable Remainder Trust The Power of the Charitable Remainder Trust As people become better educated about the power and fl exibility of the Charitable Remainder Trust (CRT), they are incorporating it more and more as an effective

More information

Mission: Our Vision: United Way Services of Geauga County unites people and resources to improve lives.

Mission: Our Vision: United Way Services of Geauga County unites people and resources to improve lives. Create your legacy. Mission: United Way Services of Geauga County unites people and resources to improve lives. Our Vision: United Way Services of Geauga County is the organization recognized for collaborating

More information

Wealth Achiever participating life insurance illustration Max 20

Wealth Achiever participating life insurance illustration Max 20 Wealth Achiever participating life insurance illustration Max 20 Canada Life's permanent participating life insurance gives you a foundation of basic cash value that is guaranteed, tax-advantaged growth,

More information

Understanding Annuities: A Lesson in Fixed Interest and Indexed Annuities Prepared for: Your Clients

Understanding Annuities: A Lesson in Fixed Interest and Indexed Annuities Prepared for: Your Clients Understanding Annuities: A Lesson in Fixed Interest and Indexed Annuities Prepared for: Your Clients Presented by: Arvin D. Pfefer Arvin D. Pfefer & Associates 7301 Mission Road, Suite 241 Prairie Village,

More information

Tax Free Retirement Income Through Life Insurance

Tax Free Retirement Income Through Life Insurance presents Tax Free Retirement Income Through Life Insurance By Travis Jennings TravisJenningsFinancial.com Today, people are living longer than ever before. Yet, while that is certainly great news on many

More information

Are you satisfied with the progress you ve made toward your retirement?

Are you satisfied with the progress you ve made toward your retirement? Are you satisfied with the progress you ve made toward your retirement? Neither New York Life Insurance Company nor its agents provides tax, legal, or accounting advice. Please consult your own tax, legal,

More information

Personal retirement account A retirement savings strategy. Show clients a tax-preferred solution to enhance retirement income

Personal retirement account A retirement savings strategy. Show clients a tax-preferred solution to enhance retirement income Personal retirement account A retirement savings strategy using PARTICIPATING life insurance Show clients a tax-preferred solution to enhance retirement income 2 Personal retirement account Here s the

More information

Life Insurance Income Taxation in brief

Life Insurance Income Taxation in brief Life Insurance Income Taxation in brief Income Tax Treatment of Life Insurance Tax deferred growth Tax favored withdrawals Tax free death benefit Tax Deferred Growth Gain due to cash value growth in life

More information

YOUR PRACTICE AND POSITIONING FOR STRATEGIC ADVANTAGE LEADERS PARTNERS, INC. 100 S. WYNSTONE PARK DRIVE NORTH BARRINGTON, IL 60010 847.304.

YOUR PRACTICE AND POSITIONING FOR STRATEGIC ADVANTAGE LEADERS PARTNERS, INC. 100 S. WYNSTONE PARK DRIVE NORTH BARRINGTON, IL 60010 847.304. YOUR PRACTICE AND LEADERS PARTNERS POSITIONING FOR STRATEGIC ADVANTAGE ASSET LEVERAGE STRATEGIES INTRINSIC STOCK VALUE LOCK IN STRATEGY We all have our favorite stocks which most likely have taken a hit

More information

Frequently asked questions

Frequently asked questions Page 1 of 6 Frequently asked questions Distributions and rollovers from retirement accounts Choosing what to do with your retirement savings is an important decision. Tax implications are just one of several

More information

4794-00A-MAR15. Product Brochure

4794-00A-MAR15. Product Brochure 4794-00A-MAR15 Product Brochure ParPlus & ParPlus Junior Assumption Life, one of the few remaining mutual life insurance companies in Canada, is proud to offer its latest participating life insurance products

More information

GIVE YOUR CLIENTS A RAISE, LONG AFTER THEY RETIRE

GIVE YOUR CLIENTS A RAISE, LONG AFTER THEY RETIRE GIVE YOUR CLIENTS A RAISE, LONG AFTER THEY RETIRE The executive retirement account A strategy using exempt life insurance. Here s the story Robert, 45, is the owner-manager of ABC Manufacturing (ABC) and

More information

CREATE TAX ADVANTAGED RETIREMENT INCOME YOU CAN T OUTLIVE. create tax advantaged retirement income you can t outlive

CREATE TAX ADVANTAGED RETIREMENT INCOME YOU CAN T OUTLIVE. create tax advantaged retirement income you can t outlive create tax advantaged retirement income you can t outlive 1 Table Of Contents Insurance Companies Don t Just Sell Insurance... 4 Life Insurance Investing... 5 Guarantees... 7 Tax Strategy How to Get Tax-Free

More information

Unlocking the value of whole life

Unlocking the value of whole life An Educational Guide for Individuals Unlocking the value of whole life Whole life insurance as a financial asset Insurance Strategies Contents 3 Whole life insurance: A versatile financial asset 4 Providing

More information

Aim for the Horizon. Security. Growth. Flexibility. Strength. CONSUMER Guide

Aim for the Horizon. Security. Growth. Flexibility. Strength. CONSUMER Guide CONSUMER Guide AG HorizonIndex 9 Annuity AG HorizonIndex 12 Annuity index single-premium deferred annuity with premium bonus, market value adjustment and AG Lifetime Income Builder optional living benefit

More information

A CLOSER LOOK AT LIFE INSURANCE

A CLOSER LOOK AT LIFE INSURANCE Equitable Life offers term plans, a participating whole life plan, a non-participating whole life plan and two universal life plans. This chart takes a closer look at and highlights some of the key differences

More information

Single premium whole life. Classic Single Premium Life. Providing lifelong insurance protection with a single payment

Single premium whole life. Classic Single Premium Life. Providing lifelong insurance protection with a single payment Single premium whole life Classic Single Premium Life Providing lifelong insurance protection with a single payment Classic Single Premium Life Leaving a lasting legacy through financial support is something

More information