Preserve what you spent a lifetime creating

Size: px
Start display at page:

Download "Preserve what you spent a lifetime creating"

Transcription

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

2 Contents 1 Life insurance that works as hard as you do 2 Preserve what you ve built 3 Combining guarantees with flexibility 4 Protection for what matters 5 MassMutual. We ll help you get there.

3 Life insurance that works as hard as you do For many, leaving a legacy and taking care of those who matter most to them is an important objective. After all, it s how you will be remembered. Whether it s transitioning your family business to the next generation, ensuring that a loved one with special needs is appropriately cared for, or leaving a legacy to your family or favorite charity, your situation demands special attention. Survivorship Whole Life insurance from MassMutual is an effective tool that can help you to achieve your wealth transfer goals. It insures two lives under a single permanent life insurance policy with just one premium. Survivorship insurance pays the death benefit to your beneficiary after both insureds have died and typically costs less than two individual policies. It provides liquidity for your estate, protects your assets and helps you plan your legacy to your family. 1

4 Preserve what you ve built Under current tax laws, estate assets can pass from one spouse to the other free of estate and gift taxes. While this ensures protection for your spouse, it may place a more significant tax burden on your heirs. The future of your business could be adversely affected and your family may ultimately receive less than you expected. Survivorship Whole Life can be an effective planning vehicle to ensure that your family has the liquidity needed to help preserve what took you a lifetime to build. If you have developed a significant amount of wealth and want to factor life insurance into your overall estate plan, Survivorship Whole Life may be a solution. That s because life insurance proceeds are generally paid income tax-free. In addition, the policy ownership may be arranged so that the death benefit payment is excluded from your and your spouse s taxable estate. Without an effective estate plan, taxes could seriously erode any wealth that you wish to pass on to your heirs. Survivorship Whole Life insurance can provide liquidity to protect your family and business. Your MassMutual financial representative, working together with your tax and legal advisors, can advise you on how to best use Survivorship Whole Life insurance to help preserve your assets for your family. 2

5 Combining guarantees with flexibility As with other whole life products, MassMutual Survivorship Whole Life provides a guaranteed death benefit to your heirs. Your policy also builds cash value that grows tax deferred and is eligible to receive policy dividends. 1 These guarantees and cash values can give your planning a level of security and flexibility that may not be available with other survivorship policies. And like traditional individual whole life insurance, you can access your cash value for any of life s expected or unexpected opportunities and challenges. 2 With MassMutual Survivorship Whole Life you can count on: A guaranteed death benefit paid to your heirs upon the death of both insureds Guaranteed cash value growth Guaranteed premiums that won t increase regardless of health or age Eligibility for dividends 1 Protecting your special needs If you are the parent or caregiver of a child with a disability or other special need, you know all too well the worries about who will care for that child in the event you die first. Upon death, the proceeds of your Survivorship Whole Life policy can be put into a special needs trust to provide for your child s care and financial security without disqualifying them from eligibility for federal benefits. 3 1 Dividends are not guaranteed. 2 Distributions under the policy (including cash dividends and partial/full surrenders) are not subject to taxation up to the amount paid into the policy (cost basis). If the policy is a Modified Endowment Contract, policy loans and/or distributions are taxable to the extent of gain and are subject to a 10% tax penalty. Access to cash values through borrowing or partial surrenders will reduce the policy s cash value and death benefit, increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured. 3 The information provided is not written or intended as specific tax or legal advice. MassMutual, its employees and representatives are not authorized to give tax or legal advice. Individuals are encouraged to seek advice from their own tax or legal counsel. 3

6 Protection for what matters Survivorship Whole Life may be a sound life insurance solution to address your unique needs. Here s a closer look at how Survivorship Whole Life may fit your life. Features of MassMutual Survivorship Whole Life You need: Effective and efficient estate planning Protection for your business Financial security for a child with a disability or other special need Flexibility Guarantees How Survivorship Whole Life can help you get there: A good estate plan can help ensure your wealth transfer goals are clearly identified. Survivorship Whole Life insurance can help you achieve your goals by providing your heirs with liquid assets after the second death to assist with any estate taxes or transfer costs that are due. A Survivorship Whole Life policy can help provide the liquidity needed to protect your business from estate taxes and transfer costs. These expenses could otherwise cause the forced liquidation of your business and threaten job and financial security for your family and employees. Survivorship Whole Life can help provide the necessary funds to help ensure your special needs child receives the support, care and financial resources needed, even after you and your spouse are gone. With proper planning, Survivorship Whole Life makes funds available without sacrificing the child s eligibility for federal benefits. 3 Like any whole life policy, your Survivorship Whole Life policy is eligible to receive dividends. Although dividends are not guaranteed, they can enhance your policy s death benefit and cash value growth and provide an added measure of flexibility not available in many other survivorship life insurance products. Survivorship Whole Life gives you the security and confidence that comes with the guarantees that the policy provides. 4

7 MassMutual. We ll help you get there. For over 160 years, MassMutual and its affiliated financial professionals have helped guide our policyowners toward greater security and financial freedom. Our commitment is to help you focus on what you value most, clarify what you want to achieve in life, and understand how life s uncertainties could impact your plans and aspirations. We then help you implement flexible financial strategies designed to make your goals reality. After all, it s not about where life takes you it s about where you take life. Built on a foundation of integrity, strength, and reliability, MassMutual can help you get there. For more information on MassMutual s suite of whole life insurance products, contact your MassMutual Financial Professional. 5

8 MassMutual. We ll help you get there. There are many reasons to choose a life insurance company to help meet your financial needs: protection for your family or business, products to provide supplemental income and the confidence of knowing you will be prepared for the future. At Massachusetts Mutual Life Insurance Company (MassMutual), we operate for the benefit of our participating policyowners. We stand strong in the fundamental belief that every secure future begins with a good decision. And when choosing a life insurance company ownership, strength and stability matter. Learn more at Survivorship Whole Life Insurance (SWL) (Policy Form SWL-2007, ICC07SWL and ICC07SWLX in North Carolina) is a level-premium, second-to-die, participating, permanent life insurance policy issued by Massachusetts Mutual Life Insurance Company, Springfield, MA Massachusetts Mutual Life Insurance Company, Springfield, MA All rights reserved. MassMutual Financial Group is a marketing name for Massachusetts Mutual Life Insurance Company (MassMutual) and its affiliated companies and sales representatives. LI CRN

Whole Life Insurance as a Financial Asset

Whole Life Insurance as a Financial Asset An Overview Guide for Individuals Whole Life Insurance as a Financial Asset Insurance Strategies Contents 1 Whole Life Insurance: A Versatile Financial Asset 2 Long-Term Value 4 Addressing Different Financial

More information

An Educational Guide for Individuals. Gift of a Lifetime. A lasting connection to a child you love. Insurance Strategies

An Educational Guide for Individuals. Gift of a Lifetime. A lasting connection to a child you love. Insurance Strategies An Educational Guide for Individuals Gift of a Lifetime A lasting connection to a child you love Insurance Strategies Contents 1 A lifetime of benefits 2 Why whole life insurance for a child? 4 Important

More information

The dividend difference

The dividend difference An Educational Guide for Individuals The dividend difference Adding value to your whole life insurance policy Insurance Strategies Table of Contents 2 The dividend difference 4 What are policy dividends?

More information

Why Rent When You Can Own?

Why Rent When You Can Own? An Educational Guide for Individuals Why Rent When You Can Own? A comparison of term and permanent life insurance Insurance Strategies Contents 1 Protect the Ones Who Matter Most to You 2 Owning Permanent

More information

An Overview Guide for Individuals. Whole Life Insurance as Part of Your Accumulation Strategy. Insurance Strategies

An Overview Guide for Individuals. Whole Life Insurance as Part of Your Accumulation Strategy. Insurance Strategies An Overview Guide for Individuals Whole Life Insurance as Part of Your Accumulation Strategy Insurance Strategies Contents 1 Long-Term Value 3 Whole Life Policy Cash Values 4 Addressing Different Financial

More information

Why rent when you can own?

Why rent when you can own? An Educational Guide for Individuals Why rent when you can own? A comparison of term and permanent life insurance Insurance Strategies Protecting your loved ones with the right amount and right type of

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

An Educational Guide for Individuals. Vantage Term. Affordable, flexible, quality term life insurance. Insurance Strategies

An Educational Guide for Individuals. Vantage Term. Affordable, flexible, quality term life insurance. Insurance Strategies An Educational Guide for Individuals Vantage Term Affordable, flexible, quality term life insurance Insurance Strategies Contents 1 MassMutual s Vantage Term Portfolio 2 Affordable Solutions to Protect

More information

Guaranteed to Fit Your Life

Guaranteed to Fit Your Life An Overview Guide for Individuals Guaranteed to Fit Your Life The value of whole life insurance throughout your lifetime Insurance Strategies Contents 1 Whole Life Insurance Basics 2 Insurance That Fits

More information

MassMutual Financial Strategies. Whole Life Legacy 100 SM. Making It Easy to Take Care of Business. insure invest retire.

MassMutual Financial Strategies. Whole Life Legacy 100 SM. Making It Easy to Take Care of Business. insure invest retire. MassMutual Financial Strategies Whole Life Legacy 100 SM Making It Easy to Take Care of Business insure invest retire Life Insurance Whole Life Legacy 100 helps make it easy to take care of business As

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

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

Protect your business, your family, and your legacy.

Protect your business, your family, and your legacy. An Educational Guide for Business Owners Protect your business, your family, and your legacy. Take a closer look at buy-sell agreements. Needs-based Strategies Your business is probably your single largest

More information

A Technical Guide for Individuals. The Whole Story. Understanding the features and benefits of whole life insurance. Insurance Strategies

A Technical Guide for Individuals. The Whole Story. Understanding the features and benefits of whole life insurance. Insurance Strategies A Technical Guide for Individuals The Whole Story Understanding the features and benefits of whole life insurance Insurance Strategies Contents 1 Insurance for Your Lifetime 3 How Does Whole Life Insurance

More information

MassMutual Whole Life Insurance

MassMutual Whole Life Insurance A Technical Overview for Clients and their Advisors MassMutual Whole Life Insurance The product design and pricing process Contents 1 Foreword 2 A Brief History of Whole Life Insurance 3 Whole Life Basics

More information

Understanding the Income Taxation of Life Insurance

Understanding the Income Taxation of Life Insurance A Reference Guide for Individuals and Businesses Understanding the Income Taxation of Life Insurance Answers to Frequently Asked Questions Tax Insights Contents 1 General Questions 4 Non-MEC Policy Questions

More information

LIFE INSURANCE THE DIVIDEND DIFFERENCE. Adding Value to Your Whole Life Insurance Policy INVEST INSURE RETIRE

LIFE INSURANCE THE DIVIDEND DIFFERENCE. Adding Value to Your Whole Life Insurance Policy INVEST INSURE RETIRE LIFE INSURANCE THE DIVIDEND DIFFERENCE Adding Value to Your Whole Life Insurance Policy INVEST INSURE RETIRE NOT A BANK OR A CREDIT UNION DEPOSIT OR OBLIGATION NOT FDIC OR NCUA-INSURED NOT INSURED BY ANY

More information

MassMutual CareChoice SM One

MassMutual CareChoice SM One An Overview Guide MassMutual CareChoice SM One Prepare for the possibilities MassMutual CareChoice One (CareChoice One) is a single premium whole life insurance policy with a qualified long term care insurance

More information

The Case for Whole Life Insurance Living the Legacy

The Case for Whole Life Insurance Living the Legacy The Case for Whole Life Insurance Living the Legacy Whole Life and the Legacy Portfolio For Producer Use Only. Not For Use With the Public CRN201302-144614 1 Agenda Today s Agenda What is Participating

More information

Why Rent When You Can Own?

Why Rent When You Can Own? An Educational Guide for Consumers Why Rent When You Can Own? A comparison of term and permanent life insurance insure Insurance invest Strategies retire 3 Your coverage options 4 The Owning vs. Renting

More information

The Value of Whole Life Insurance

The Value of Whole Life Insurance Page 1 of 6 A MassMutual Illustration Presentation The Value of Whole Life Insurance A life insurance illustration summary Prepared for: Prepared by: Valued Client Michael Fliegelman. CLU, ChFC, AEP RFC

More information

YOU CAN OWN? WHY RENT WHEN

YOU CAN OWN? WHY RENT WHEN WHY RENT WHEN YOU CAN OWN? A COMPARISON OF TERM & PERMANENT LIFE INSURANCE This guide helps you understand the differences between term and permanent coverage by comparing them to renting versus owning

More information

Two lives. One legacy. Permanent protection for two people. Nationwide YourLife No-Lapse Guarantee Survivorship Universal Life II.

Two lives. One legacy. Permanent protection for two people. Nationwide YourLife No-Lapse Guarantee Survivorship Universal Life II. Nationwide YourLife No-Lapse Guarantee Survivorship Universal Life II Product overview Two lives. One legacy. Permanent protection for two people. NATIONWIDE LIFE AND ANNUITY INSURANCE COMPANY Be sure

More information

The Irrevocable Life Insurance Trust

The Irrevocable Life Insurance Trust The Irrevocable Life Insurance Trust Meeting your needs today; Protecting your family s tomorrow insure invest retire Estate Planning An Irrevocable Life Insurance Trust helps provide your family financial

More information

We keep our promises.

We keep our promises. We keep our promises. So you can keep yours. It s a selfless act. The decision you make today is for someone else s future. Purchasing life insurance is about more than just planning for the future. It

More information

Enjoy the freedom of tax-free retirement income

Enjoy the freedom of tax-free retirement income Tax-efficient retirement income Using life insurance Enjoy the freedom of tax-free retirement income 111833 A (10/15) Ameriprise Financial Confident Retirement approach The Ameriprise Financial Confident

More information

MassMutual Financial Strategies. Avoiding the Double Tax Dilemma. with Whole Life Legacy 100 SM. insure invest retire.

MassMutual Financial Strategies. Avoiding the Double Tax Dilemma. with Whole Life Legacy 100 SM. insure invest retire. MassMutual Financial Strategies Avoiding the Double Tax Dilemma with Whole Life Legacy 1 SM insure invest retire Life Insurance Avoiding the double tax dilemma with Whole Life Legacy 1 SM You've worked

More information

AG Secure Survivor GUL II

AG Secure Survivor GUL II Guarantee your legacy with Optionality AG Secure Survivor GUL II Individual joint and last survivor flexible premium universal life insurance. CONSUMER GUIDE Guarantees are backed by the claims-paying

More information

Flexible protection to help meet a lifetime of needs

Flexible protection to help meet a lifetime of needs TIAA-CREF Life Insurance Company Flexible protection to help meet a lifetime of needs Intelligent Life Universal Life Insurance and Intelligent Life Survivorship Universal Life Insurance Designed to meet

More information

GIVE AND YOU SHALL RECEIVE CHARITABLE GIVING, CREATING A PLAN THAT S RIGHT FOR YOU

GIVE AND YOU SHALL RECEIVE CHARITABLE GIVING, CREATING A PLAN THAT S RIGHT FOR YOU GIVE AND YOU SHALL RECEIVE CHARITABLE GIVING, CREATING A PLAN THAT S RIGHT FOR YOU Contents 1 Give and you shall receive 3 Techniques summary 5 Planning for charitable giving NOT FDIC OR NCUA INSURED NOT

More information

Protection for Your Estate

Protection for Your Estate BB9604-07 Principal Survivorship Universal Life Protector II SM Protection for Your Estate Is your legacy protected? You ve built your estate through hard work and smart decisions. Yet, without one final

More information

A Story of Guarantees and Financial Versatility

A Story of Guarantees and Financial Versatility A Story of Guarantees and Financial Versatility Whole Life Insurance A Consumer Brochure for Whole Life Understanding Introduction Whole life is a versatile financial product that provides unique benefits

More information

It s time to envision your future.

It s time to envision your future. It s time to envision your future. With the help of MassMutual you will like what you see. NOT FOR USE IN CA, CO AND FL. What will your life look like fifteen years from now? Do you have a very good vision

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

Plain talk about life insurance

Plain talk about life insurance Plain talk about life insurance Questions Do you need life insurance? How much life insurance do you need? What are the different types of life insurance you can buy? What is the right type of life insurance

More information

Protect your business and shape your future. Top 10 questions for business owners.

Protect your business and shape your future. Top 10 questions for business owners. Protect your business and shape your future. Top 10 questions for business owners. What is the sign of a good decision? Clarifying what you want to achieve in your life, what you care most about, and how

More information

Zero Estate Tax Strategy

Zero Estate Tax Strategy Zero Estate Tax Strategy AN PLANNING STRATEGY USING LIFE INSURANCE, A FOUNDATION, AND WEALTH REPLACEMENT TRUST The Prudential Insurance Company of America 0257697 0257697-00003-00 Ed. 07/2015 Exp. 01/20/2017

More information

Guarantees You Can Count On

Guarantees You Can Count On Life Insurance Guarantees You Can Count On New York Life Custom Universal Life Guarantee & New York Life Custom Survivorship Universal Life Guarantee The Company You Keep Life insurance coverage guaranteed

More information

White Paper: Using Cash Value Life Insurance for Retirement Savings

White Paper: Using Cash Value Life Insurance for Retirement Savings White Paper: Using Cash Value Life Insurance for Retirement Savings www.selectportfolio.com Toll Free 800.445.9822 Tel 949.975.7900 Fax 949.900.8181 Securities offered through Securities Equity Group Member

More information

Protect your business and preserve your legacy. The 10 questions every business owner should consider.

Protect your business and preserve your legacy. The 10 questions every business owner should consider. Protect your business and preserve your legacy. The 10 questions every business owner should consider. Our top ten questions and answers While there are many Top Ten Questions lists published in the financial

More information

Understanding Life Insurance: A Lesson in Life Insurance

Understanding Life Insurance: A Lesson in Life Insurance Understanding Life Insurance: A Lesson in Life Insurance If something happens to you, how will your family replace your earning power? Table of Contents Page Your Earning Power 2 Life Insurance Questions

More information

Caring for longer than a lifetime

Caring for longer than a lifetime Life insurance Caring for longer than a lifetime Your 5-minute Guide Life goes on prepare for it Your love for your family will live forever. However, we all know we won t live forever. Life insurance

More information

Nationwide YourLife Single Premium UL. Client guide. A guaranteed way to make YourLife easier

Nationwide YourLife Single Premium UL. Client guide. A guaranteed way to make YourLife easier Nationwide YourLife Single Premium UL Client guide A guaranteed way to make YourLife easier Create your own legacy You don t need the moon and stars. What you need is a fast and simple way to pass a legacy

More information

Take a step in the right direction. Protect your family and plan for the future with life insurance. Nationwide YourLife Current Assumption UL

Take a step in the right direction. Protect your family and plan for the future with life insurance. Nationwide YourLife Current Assumption UL Nationwide YourLife Current Assumption UL Client guide Take a step in the right direction. Protect your family and plan for the future with life insurance. Nothing says security like knowing you and your

More information

TERM LIFE INSURANCE. MassMutual Term PERSONAL GUIDE INVEST INSURE RETIRE

TERM LIFE INSURANCE. MassMutual Term PERSONAL GUIDE INVEST INSURE RETIRE TERM LIFE INSURANCE MassMutual Term PERSONAL GUIDE INVEST INSURE RETIRE MASSMUTUAL TERM Flexibility, Innovation, Strength Because Life Is Unpredictable LIFE INSURANCE IS: NOT A BANK OR CREDIT UNION DEPOSIT

More information

Using Cash Value Life Insurance for Retirement Savings

Using Cash Value Life Insurance for Retirement Savings American Brokerage Services, Inc. 805 E Willow Grove Ave. Suite 2-B Wyndmoor, PA 1-888-227-3131 500 annuities1@absgo.com www.absgo.com Using Cash Value Life Insurance for Retirement Savings American Brokerage

More information

Life insurance It s not just for dying anymore. Wednesday, 21 September, 11

Life insurance It s not just for dying anymore. Wednesday, 21 September, 11 Life insurance It s not just for dying anymore Questions Do you need life insurance? How much life insurance do you need? What are the different types of life insurance you can buy? What is the right type

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

Variable annuities. A tax-advantaged way to save for retirement

Variable annuities. A tax-advantaged way to save for retirement Variable annuities A tax-advantaged way to save for retirement Common terms Annuitant The person (may be the same as the contract owner) whose life expectancy is used to calculate the income payment amount

More information

Understanding Life Insurance: A Lesson in Life Insurance

Understanding Life Insurance: A Lesson in Life Insurance Understanding Life : A Lesson in Life If something happens to you, how will your family replace your earning power? Table of Contents Page Your Earning Power 2 Life Questions 3 Types of Term 4 Term Variations

More information

LIFE INSURANCE. Built to Last MassMutual Whole Life Insurance INVEST INSURE RETIRE

LIFE INSURANCE. Built to Last MassMutual Whole Life Insurance INVEST INSURE RETIRE LIFE INSURANCE Built to Last MassMutual Whole Life Insurance INVEST INSURE RETIRE Here s What We ve Got. At Massachusetts Mutual Life Insurance Company (MassMutual) we offer ten whole life insurance products.

More information

Annuity Rescue Strategy

Annuity Rescue Strategy Annuity Rescue Strategy An estate planning technique for individuals who own deferred annuities with sizable growth. Transamerica Occidental Life Insurance Company Despite the advantage of tax-deferred

More information

AG Secure Survivor GUL II. Powerful guarantees and flexibility. Help them guarantee a legacy with Optionality. Producer Guide

AG Secure Survivor GUL II. Powerful guarantees and flexibility. Help them guarantee a legacy with Optionality. Producer Guide Producer Guide Powerful guarantees and flexibility Help them guarantee a legacy with Optionality AG Secure Survivor GUL II Individual joint and last survivor flexible premium, universal life insurance

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

A Tax Implications Guide for Business Owners. Tax Implications of Disability Income Insurance. Insurance Strategies

A Tax Implications Guide for Business Owners. Tax Implications of Disability Income Insurance. Insurance Strategies A Tax Implications Guide for Business Owners Tax Implications of Disability Income Insurance Insurance Strategies Business owners have a variety of ways they can organize their company. If you are considering

More information

Nationwide Insurance-based Retirement Plan. What will your retirement look like?

Nationwide Insurance-based Retirement Plan. What will your retirement look like? Nationwide Insurance-based Retirement Plan What will your retirement look like? Add life to your business You ve planned, saved, worked and invested, but you re still not sure you ll have enough money

More information

Life Insurance. Picture Your Legacy. New York Life Legacy Creator Single Premium Variable Universal Life. The Company You Keep

Life Insurance. Picture Your Legacy. New York Life Legacy Creator Single Premium Variable Universal Life. The Company You Keep Life Insurance icture Your Legacy New York Life Legacy Creator Single remium Variable Universal Life The Company You Keep Leave more of your money to your beneficiaries, and less to taxes 1 You want to

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

UNIVERSAL LIFE INSURANCE YOUR 5-MINUTE GUIDE. Flexible protection for what s most important in life

UNIVERSAL LIFE INSURANCE YOUR 5-MINUTE GUIDE. Flexible protection for what s most important in life UNIVERSAL LIFE INSURANCE YOUR 5-MINUTE GUIDE Flexible protection for what s most important in life Protection for all the moments that matter Be sure to choose a product that meets long-term life insurance

More information

PROTECTION PROTECTION SIUL. The pacesetter in affordable, secure protection. For two. CONSUMER GUIDE IM4156CG

PROTECTION PROTECTION SIUL. The pacesetter in affordable, secure protection. For two. CONSUMER GUIDE IM4156CG CONSUMER GUIDE PROTECTION PROTECTION SIUL The pacesetter in affordable, secure protection. For two. IM4156CG JOHN HANCOCK LIFE INSURANCE COMPANY (U.S.A.) JOHN HANCOCK LIFE INSURANCE COMPANY OF NEW YORK

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

Keeping the lights on

Keeping the lights on DI Solutions for Business Owners Keeping the lights on Insurance Strategies NOT FOR USE IN CA, FL OR NY. The success of your business revolves around you. You drive your business forward through business

More information

Life Insurance. The Benefits of Protection and Preparation

Life Insurance. The Benefits of Protection and Preparation Life Insurance The Benefits of Protection and Preparation life insurance,in all its varied forms, is quite simply a method for handling financial risk in the event of death. Instead of trying to amass

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

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

Understanding Life Insurance: A Lesson in Life Insurance

Understanding Life Insurance: A Lesson in Life Insurance Understanding Life : A Lesson in Life If something happens to you, how will your family replace your earning power? Table of Contents Page Your Earning Power 2 Life Questions 3 Types of Term 4 Term Variations

More information

helping you make sense of your life insurance options

helping you make sense of your life insurance options life insurance helping you make sense of your life insurance options life insurance selection guide Life Insurance Products: Are Not a Deposit of Any Bank Are Not FDIC Insured Are Not Insured by Any Federal

More information

CHAPTER 8 TAX CONSIDERATIONS

CHAPTER 8 TAX CONSIDERATIONS CHAPTER 8 TAX CONSIDERATIONS Life insurance traditionally has enjoyed favorable tax treatment. The major advantages are (1) the death benefits of a life policy payable to a beneficiary are not subject

More information

Helping to keep your promises

Helping to keep your promises Helping to keep your promises Our customized trust services There have been times in your life when you made a promise to yourself. Perhaps you sealed your vow to love and protect with a kiss. You may

More information

Understanding Life Insurance

Understanding Life Insurance Understanding Life Insurance A Lesson in Traditional and Indexed Life Insurance 2012 VSA, LP Valid only if used prior to January 1, 2013. The information, general principles and conclusions presented in

More information

IRAs Unique strategies for transferring wealth and giving to charity

IRAs Unique strategies for transferring wealth and giving to charity IRAs Unique strategies for transferring wealth and giving to charity 8/24/2011 IRA Strategy #1: Giving to charity during your lifetime Applies to IRA owners who do not need their IRA distributions for

More information

HARTFORD LEADERS VUL LEGACY

HARTFORD LEADERS VUL LEGACY HARTFORD LEADERS VUL LEGACY Preserve your legacy with variable universal life insurance Client: Jack Age: 42 Estimated net worth: $750,000 Profession: Warehouse manager His story: Married, three children

More information

plaintalk about life insurance

plaintalk about life insurance plaintalk about life insurance The right life insurance protection can have an enormous effect on your life and the lives of those you love. It can mean the difference between leaving your loved ones well

More information

Nationwide YourLife Survivorship VUL. Product guide. Everyone could use a little balance

Nationwide YourLife Survivorship VUL. Product guide. Everyone could use a little balance Nationwide YourLife Survivorship VUL Product guide Everyone could use a little balance Balance protection and growth potential You like the idea of leaving your family a legacy one day. If you have your

More information

CLIENT BROCHURE Nationwide YourLife Indexed UL. Find balance in life

CLIENT BROCHURE Nationwide YourLife Indexed UL. Find balance in life CLIENT BROCHURE Nationwide YourLife Indexed UL Find balance in life Planning for the future may seem stressful these days especially with so much market uncertainty. But it doesn t have to be that way.

More information

MetLife Investors. Life Insurance Review. Ensuring life insurance coverage meets today s goals. Life. your way

MetLife Investors. Life Insurance Review. Ensuring life insurance coverage meets today s goals. Life. your way MetLife Investors Life Insurance Review Ensuring life insurance coverage meets today s goals Life. your way SM Life. your way Preserve your lifestyle. Live your dream. Build financial freedom with confidence

More information

supplement your retirement income maintain your lifestyle

supplement your retirement income maintain your lifestyle supplemental income using life insurance supplement your retirement income maintain your lifestyle Investment and Insurance Products: Are Not Deposits of Any Bank Are Not FDIC Insured Are Not Insured By

More information

Estate planning strategies using life insurance in a trust Options for handling distributions, rollovers and conversions

Estate planning strategies using life insurance in a trust Options for handling distributions, rollovers and conversions Estate planning strategies using life insurance in a trust Options for handling distributions, rollovers and conversions Life s better when we re connected Table of contents Find your questions review

More information

plain talk about life insurance

plain talk about life insurance plain talk about life insurance The right life insurance can have an enormous effect on your life and the lives of those you love. It can mean the difference between leaving your loved ones well positioned

More information

Whole life insurance. 5-minute guide. The promise of life insurance.

Whole life insurance. 5-minute guide. The promise of life insurance. Whole life insurance 5-minute guide The promise of life insurance. Keep your promise As a spouse or parent, you ve made a commitment to take care of and provide for your family. If you ve built your own

More information

Whole Life Legacy 20 Pay Basic Life Insurance Illustration

Whole Life Legacy 20 Pay Basic Life Insurance Illustration Whole Life Legacy 2 Pay Basic Life Insurance Illustration Prepared for: d Client Male, Age 4 Presented by: Michael Fliegelman. CLU, ChFC, AEP RFC Independent Insurane And Financial Consulting 5 Harborfields

More information

Preserving value for the next generation. Lincoln LifeLINC Advisor Guide. For agent or broker use only. Not for use with the public.

Preserving value for the next generation. Lincoln LifeLINC Advisor Guide. For agent or broker use only. Not for use with the public. Preserving value for the next generation Lincoln LifeLINC Advisor Guide For agent or broker use only. Not for use with the public. Contents Wealth transfer planning 2 Connect your clients to the Lincoln

More information

Your guide to participating life insurance SUN PAR PROTECTOR SUN PAR ACCUMULATOR

Your guide to participating life insurance SUN PAR PROTECTOR SUN PAR ACCUMULATOR Your guide to participating life insurance SUN PAR PROTECTOR SUN PAR ACCUMULATOR Participate in your brighter future with Sun Life Financial. Participating life insurance is a powerful tool that protects

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

Life Insurance Review. Ensuring life insurance coverage meets today s goals. Life. your way

Life Insurance Review. Ensuring life insurance coverage meets today s goals. Life. your way Life Insurance Review Ensuring life insurance coverage meets today s goals Life. your way SM Life. your way Strive to live your dream and plan for the if in life. Discover the flexibility of life insurance

More information

Universal Life. What is Universal Life? The Structure of a Universal Life Policy. A Flexible, Tax-Sheltered Investment Program

Universal Life. What is Universal Life? The Structure of a Universal Life Policy. A Flexible, Tax-Sheltered Investment Program Many Canadians consider their Registered Retirement Saving Plan (RRSP) to be their best tax shelter. However, Universal Life (UL) insurance has become an increasingly popular long-term financial planning

More information

Leveraging wealth transfer using private financing

Leveraging wealth transfer using private financing Private Financing Strategy Leveraging wealth transfer using private financing Not a bank or credit union deposit or obligation Not insured by any federal government agency Not FDIC or NCUA/NCUSIF insured

More information

Build a Strong Financial Future

Build a Strong Financial Future The Principal Financial Group Build a Strong Financial Future LIFE INSURANCE AS AN ASSET Building a strong financial future You work hard to build financial security for you and your family. Are you considering

More information

LIFE WHOLE. MetLife Promise Whole LifeSM. life. a foundation for

LIFE WHOLE. MetLife Promise Whole LifeSM. life. a foundation for LIFE WHOLE MetLife Promise Whole LifeSM a foundation for life Life. your way SM Strive to live your dream and plan for the if in life. Discover the flexibility of life insurance protect, accumulate and

More information

Protecting Life Insurance Proceeds: An Irrevocable Life Insurance Trust Review

Protecting Life Insurance Proceeds: An Irrevocable Life Insurance Trust Review Protecting Life Insurance Proceeds: An Irrevocable Life Insurance Trust Review Are you aware that an irrevocable life insurance trust can be used to remove life insurance proceeds from your taxable estate,

More information

An Educational Guide for Individuals. Confidence in giving. Charitable Remainder Trust

An Educational Guide for Individuals. Confidence in giving. Charitable Remainder Trust An Educational Guide for Individuals Confidence in giving Charitable Remainder Trust Philanthropy in the United States is characteristic of the pride and unity of its citizens. In 2006 Americans gave an

More information

An Educational Guide for Business Owners. MassMutual s QuickClose SM Program. The collateral you need to close on your business loan fast!

An Educational Guide for Business Owners. MassMutual s QuickClose SM Program. The collateral you need to close on your business loan fast! An Educational Guide for Business Owners MassMutual s QuickClose SM Program The collateral you need to close on your business loan fast! You know just what it ll take for your business to succeed. Depending

More information

The. Estate Planner. Should your life insurance be in an FLP? Special needs require a special needs trust. An estate planning strategy for your heirs

The. Estate Planner. Should your life insurance be in an FLP? Special needs require a special needs trust. An estate planning strategy for your heirs The Estate Planner July/August 2008 Should your life insurance be in an FLP? Special needs require a special needs trust The inheritor s trust An estate planning strategy for your heirs Estate Planning

More information

MAXIMIZATION ANNUITY STRATEGY. An estate planning technique for individuals who own deferred annuities with sizable growth.

MAXIMIZATION ANNUITY STRATEGY. An estate planning technique for individuals who own deferred annuities with sizable growth. ANNUITY MAXIMIZATION STRATEGY An estate planning technique for individuals who own deferred annuities with sizable growth. Transamerica Occidental Life Insurance Company Preserving Hard-Earned Assets As

More information