Cash value accumulation life insurance
|
|
- Amberly Maxwell
- 8 years ago
- Views:
Transcription
1 Protection, wealth accumulation, and tax benefits all in one policy Cash value accumulation life insurance Allianz Life Insurance Company of North America M-5249 Page 1 of 12
2 Uncertainty in life is the only certainty. Page 2 of 12
3 What would happen if the unexpected happened? Uncertainty in life is the only certainty. For the families and small-business owners of today, financial vulnerability may be a bigger concern than ever. Questions like these may be keeping you up at night: What would happen if you died prematurely? Would your family have the financial assets to continue their current lifestyle? Would they be able to keep your home? Would there be money for college? And what about the funeral expenses and estate taxes at the time of your death? What would happen if you outlived your retirement assets? Are you accumulating enough to ensure a comfortable retirement? What happens if you have a financial emergency or major financial obligation? How will tomorrow s economy affect the value of your assets? What would happen if a key employee of your business died? Do you have a business succession plan in place? Would the business be able to continue without a key employee? How are you retaining key employees/executives? Cash value accumulation life insurance can help you better prepare today for when the unexpected happens. Life insurance provides a death benefit to your surviving spouse, family, or other beneficiaries. That, of course, is the first and foremost reason to own a policy. But a cash value life insurance policy also provides the opportunity for cash value accumulation that can help provide financial security in the years ahead. Because this type of life insurance can build cash value over the life of the policy, it s a potential solution for addressing several financial concerns at once: The need for an income-tax-free death benefit for your beneficiaries. The desire to build cash value on a tax-deferred basis for retirement or other use. The desire for flexibility. Some cash value accumulation policies provide flexibility in how much premium you pay and when you pay it. The need for access to your money. All cash value accumulation policies provide access to cash value via policy loans and withdrawals. Page 3 of 12 1
4 Life insurance provides an income-tax-free death benefit for your beneficiaries. This death benefit can address immediate needs when the insured dies, including: Income replacement for primary wage earners Supplemental college funding Mortgage and other debts Estate tax coverage Final expenses Business succession Many U.S. households today are under-insured and vulnerable if a wage earner dies. Despite the need for financial security for the future, tens of millions of U.S. households today have inadequate life insurance protection and even worse, no coverage at all. One in four households relies only on a group or employer plan to provide their life insurance, but with the instability in the job market, that coverage could easily be lost. 1 In all, a record number of U.S. households 50% think they need more life insurance. 1 And that still underestimates the problem. Today, nearly 7 in 10 American households with children under 18 would be in financial jeopardy if the primary breadwinner died. 1 1 Facts About Life 2010, LIMRA, Page 4 of 12
5 What type of life insurance policy is right for you? Different life insurance policies may provide different combinations of death benefit protection and accumulation potential. Generally, the more flexibility in premium payments that a life insurance policy provides (that is, the more or larger premiums you re able to pay and when), the greater your potential for tax-deferred cash accumulation. Matching the right policy to your needs depends on finding the balance of death benefit, premium flexibility, and accumulation potential with which you re most comfortable. Keep in mind that most life insurance policies require health underwriting and, in some cases, financial underwriting. Term life insurance provides life insurance coverage for a specific period of time, after which the policy terminates. Though they offer the advantage of a level, predictable premium, term policies provide a death benefit only they have no cash value accumulation potential. Whole life insurance also offers the predictability of level premium payments and can provide coverage for your entire life (instead of a set term). Unlike term policies, whole life policies have cash value you can access through policy loans. 1 Universal life can provide coverage for your entire lifetime. It offers you the flexibility to pay your premiums at any time and in any amount (subject to some limits), as long as the policy expenses and cost of coverage are met. Universal life policies also have cash value that can accumulate at a declared interest rate, which you re able to access through loans and withdrawals. 1 1 Policy loans and withdrawals will reduce available cash values and death benefits and may cause the policy to lapse, or affect guarantees against lapse. Additional premium payments may be required to keep the policy in force. In the event of a lapse, outstanding policy loans in excess of unrecovered cost basis will be subject to ordinary income tax. Tax laws are subject to change and you should consult a tax professional. Policy loans are not usually subject to income tax unless the policy is classified as a modified endowment contract (MEC) under IRC Section 7702A. However, withdrawals or partial surrenders are subject to income tax to the extent that the cash value in the policy immediately before the distribution exceeds the owner s tax basis in the policy. If taken prior to age 59½, a 10% federal tax penalty may apply. Page 5 of 12 3
6 Fixed index universal life insurance provides the potential for cash value accumulation. More than 4 in 10 Americans say the reason they don t have more life insurance is because of other financial priorities, such as saving for retirement. (In fact, over half of pre-retirees and retirees do not expect to receive enough income from Social Security and employer pensions to cover their basic living expenses in retirement.) 1 But with a fixed index universal life (FIUL) policy, you don t have to make a choice between life insurance or building cash value that can be accessed to supplement retirement income. Fixed index universal life provides death protection as well as the opportunity to build cash value and this cash value is available for later use to help supplement retirement income, fund a college education, or even cope with a financial emergency. (Keep in mind that using the policy s cash values for these purposes will reduce available cash values and the death benefit.) Indexed interest makes the difference. Fixed index universal life is a specific type of universal life policy in which cash value accumulates based on indexed interest. This can enable greater accumulation potential that you can access in the future through loans or withdrawals. How does it work? FIUL cash value accumulation life insurance basics Policyholder Premium Premium flexibility Maximum IRS allows Minus fees, expenses and cost of insurance Minimum required premium Life insurance cash value Cash value supports Living benefits: Access to cash value via loans and withdrawals Death benefit: Income-tax-free death benefit to beneficiaries Your policy has three types of policy charges you will pay when you own a policy: premium charges, monthly deductions, and an asset-based charge. A premium charge is deducted as premium is paid into the policy. Deductions are taken from the current value on each monthly anniversary of the policy s issue. An asset-based charge will be deducted monthly from the current value allocated to index options to reduce expenses the insurance company incurs to hedge the index options. In addition, if you fully surrender or cancel your policy during the surrender period, surrender charges will apply. Policy charges offset various expenses the insurance company incurs in connection with a life insurance policy, including but not limited to the expenses of underwriting, issuing and administering the policy, agent compensation, and compensating the company for the mortality risks it assumes. 1 Facts About Life 2010, LIMRA, Page 6 of 12
7 Flexible premium payments and tax advantages, too. You can adjust your premium payments to fit your financial goals. And you re not restricted based on your income on how much premium you can pay each year. There are no IRS rules like the ones that prevent persons in upper tax brackets from participating in certain taxqualified plans. Instead, to receive an income-tax-free death benefit and to ensure policy cash values accumulate on a favorable taxdeferred basis, the Internal Revenue Code generally regulates the relationship between the death benefit and policy accumulation, and this could limit the timing and amount of premium you pay. Tax advantages in three ways. According to the Social Security Administration, by 2017, the U.S. government will begin paying more in Social Security benefits than it collects in taxes. Without changes, by 2037, there will be only enough money to pay about 78 cents for every dollar of scheduled benefits. 1 We re looking at a future of reduced benefits or increased taxes or both. Which means the need is greater than ever to protect your estate while building your retirement assets and sheltering them from excessive taxation. Fixed index universal life offers three kinds of tax advantages to help you protect your beneficiaries and accumulate cash values: Income-tax-free death benefit to your beneficiaries. Your policy s cash value grows tax-deferred. Any policy loans from the cash value are income-tax-free while the policy remains in force. 2 And remember, the less money you pay in taxes, the more that remains in your policy adding to your potential to accumulate more for retirement and other financial needs. 1 Excerpted from SSA, Your Social Security Statement, sample available at (or simply look at the front page of your last statement). 2 Policy loans and withdrawals will reduce available cash values and death benefits and may cause the policy to lapse, or affect guarantees against lapse. Additional premium payments may be required to keep the policy in force. In the event of a lapse, outstanding policy loans in excess of unrecovered cost basis will be subject to ordinary income tax. Tax laws are subject to change and you should consult a tax professional. Policy loans are not usually subject to income tax unless the policy is classified as a modified endowment contract (MEC) under IRC Section 7702A. However, withdrawals or partial surrenders are subject to income tax to the extent that the cash value in the policy immediately before the distribution exceeds the owner s tax basis in the policy. If taken prior to age 59½, a 10% federal tax penalty may apply. Page 7 of 12 5
8 You can access your policy s cash value for several needs. Fixed index universal life can provide a systematic way to accumulate and protect your money for future needs on a taxefficient basis. Your cash value can be accessed income-tax-free for your needs including: Supplemental retirement income Supplemental college funding Emergencies Business planning Other financial needs Your cash value can be accessed in several ways: Participating loan: Your policy s cash value can still receive indexed interest when you take a participating loan. The interest charge of the loan, for example 6% in advance, can be reduced by the potential indexed interest credits. Standard loan: You may take a loan from your fixed interest allocation any time during the first 10 policy years, typically for a low net 2% cost. For example, the policy would charge 4% in advance each year, then credit back 2% at the end of each year the loan is outstanding. Preferred loan: You may take a loan from your fixed interest allocation any time after the first 10 policy years, typically for a net 0% cost. For example, the policy would charge 2% in advance each year, then credit back 2% at the end of each year the loan is outstanding. Free withdrawal: You may request a free withdrawal (or partial surrender ) from your FIUL policy if the need arises. Partial surrenders do not incur surrender charges, but they do reduce policy values (including the death benefit). Partial surrenders could also affect your death benefit guarantee. Full surrender: You may also request a full surrender of your policy. If you request a full surrender during your policy s surrender charge period, a surrender charge will apply. Standard and preferred loan options do not apply to cash value allocated to an index. If you take a policy loan, the loan will be proportionately deducted from your policy s current index allocations and/or fixed interest allocations. Loans will reduce your cash value and death benefit and could affect your death benefit guarantee. Ask your financial professional for more details about the policy you re considering. 6 Page 8 of 12
9 How indexed interest can build your policy s cash value. With a fixed index universal life policy, your premium (less any premium charges) can earn interest based on changes in an external index. (This is known as indexed interest. ) When you purchase your FIUL policy, you can select one or more index allocation options. The performance of your selected index(es) is tracked for you and a crediting method is used to calculate the indexed interest, which is applied to your policy s cash value. If, at the end of each policy year: The result is positive: Your policy will be credited with indexed interest (subject to a monthly or annual cap or a participation rate, depending on the crediting method you use). And because you re not actually participating in the market or investing in any stock or bond, any interest you receive is locked in. Once it s locked in, it can never be lost even if the index drops below this amount. If the policy is surrendered during the surrender period, surrender charges will apply. The result is negative: In this case, you won t receive any indexed interest, but your policy s cash value will not decrease. Page 9 of 12 7
10 How your indexed interest is calculated. The indexed interest is credited annually to your policy. The amount is calculated through one of three crediting methods, and participation rate which you choose when you buy your policy. You may change your crediting method on each policy anniversary. No single crediting method is most effective in all situations, so discuss with your financial professional how crediting methods work and request an illustration before you buy your policy. Annual point-to-point: This method tracks changes in an index from one policy anniversary to the next. Any positive change from the previous year, up to the cap, is credited to the policy s cash value. If that change is negative, the indexed interest for that year is zero. Monthly average: We track the positive and negative monthly index values. At the end of the policy year, we add up those index values and divide them by 12 to determine the average. We then subtract the starting index value from the average to determine the amount of positive or negative change in the index. This amount is divided by the starting value to determine the percentage of annual change. If the result is negative, indexed interest for that year will be zero. A positive result is multiplied by the participation rate (which can be less than 100% and can be changed annually) to determine the indexed interest rate. Monthly sum: Every month, the company tracks the positive and negative monthly changes in the market index(es). Each monthly positive change is subject to a cap and the negative change is not subject to a cap. At the end of each year, the 12 monthly changes are added up and, if positive, the total is credited to your policy. If the total is negative, the indexed interest for that year will be zero. The cap is subject to change on an annual basis. Participation rate: When the indexes reflect a positive change, the cash value of your policy will increase, subject to a percentage known as the participation rate. If you choose the monthly sum or annual point-to-point crediting methods, Allianz Life Insurance Company of North America guarantees a 100% participation rate over the life of the policy. If you choose the monthly average crediting method, the company will establish the participation rate every year. This rate is guaranteed to never be less than 25%. Please note: Additional factors may affect how much indexed interest you receive. For the complete, product-specific information, ask your financial professional. As an alternative to indexed interest, you can allocate part or all of your money to a fixed interest account. 8 Page 10 of 12
11 Put fixed index universal life insurance to work for you. A fixed index universal life policy from Allianz can provide a death benefit for your family and protection if you re a small-business owner while helping accumulate cash value to help supplement your retirement income and fund unexpected financial needs. Ask your financial professional to show you how. Page 11 of 12
12 True to our promises so you can be true to yours ṢM A leading provider of annuities and life insurance, Allianz Life Insurance Company of North America (Allianz) bases each decision on a philosophy of being true: True to our strength as an important part of a leading global financial organization. True to our passion for making wise investment decisions. And true to the people we serve, each and every day. Through a line of innovative products and our network of trusted financial professionals, Allianz helps more than 1.2 million people as they seek to achieve their financial and retirement goals. Founded in 1896, Allianz is now proud to play a vital role in the success of our global parent, Allianz SE, one of the world s largest financial services companies. While we pride ourselves on our financial strength, we re made of much more than our balance sheet. We believe in making a difference with our clients by being true to our commitments and keeping our promises. People rely on Allianz today and count on us for tomorrow when they need us most. Guarantees are backed solely by the financial strength and claims-paying ability of Allianz Life Insurance Company of North America. Products are issued by: Allianz Life Insurance Company of North America 5701 Golden Hills Drive Minneapolis, MN Product and feature availability may vary by state. (R-10/2010) Page 12 of 12
Understanding fixed index universal life insurance
Allianz Life Insurance Company of North America Understanding fixed index universal life insurance Protection, wealth accumulation potential, and tax advantages in one policy M-3959 Understanding fixed
More informationUnderstanding fixed index universal life insurance
Allianz Life Insurance Company of North America Understanding fixed index universal life insurance Protection, wealth accumulation, and tax advantages in one policy M-3959 Page of 6 Understanding fixed
More informationFixed index universal life insurance
Allianz Life Insurance Company of North America Fixed index universal life insurance Are your clients worried about the cost of college? P For financial professional use only. Not for use with the public.
More informationLife insurance benefits for small-business owners
Allianz Life Insurance Company of North America Life insurance benefits for small-business owners Protecting the life of your business Small-business life insurance uses M-5101 Life insurance benefits
More informationNonqualified deferred compensation plans
Fixed index universal life insurance (R-2/205) Allianz Life Insurance Company of North America Nonqualified deferred compensation plans A cost-effective way to reward and retain employees Fixed index universal
More informationIs your life insurance keeping up with your life?
Allianz Life Insurance Company of North America Is your life insurance keeping up with your life? Make sure you re covered, with a policy review M-3961 Policy Review Guide First things first Why have life
More informationAllianz Life Pro+ Fixed Index Universal Life Insurance Policy
Allianz Life Insurance Company of North America Allianz Life Pro+ Fixed Index Universal Life Insurance Policy Protection for your life. And your future. M-5320 Page of 6 How financially vulnerable are
More informationWhy buy life insurance?
Why buy life insurance? Allianz Life Insurance Company of North America M-5173 Page 1 of 8 Discover the many benefits of life insurance Life insurance can be an important and versatile part of your overall
More informationLife insurance policy reviews
Allianz Life Insurance Company of North America P For financial professional use only. Not for use with the public. Life insurance policy reviews Help your clients, build your business M-3962 Page 1 of
More informationUnderstanding fixed index annuities
Allianz Life Insurance Company of North America Understanding fixed index annuities M-5217 Page 1 of 12 Page 2 of 12 It s time to rethink retirement. In past years, the financial markets have experienced
More informationLife insurance policy reviews
Allianz Life Insurance Company of North America P For financial professional use only. Not for use with the public. Life insurance policy reviews Help your clients, build your business M-3962 Page 1 of
More informationBusiness life insurance overview
Allianz Life Insurance Company of North America Business life insurance overview Business planning with life insurance M-5115 Page 1 of 6 There are over 5.6 million businesses in the U.S. with fewer than
More informationUnderstanding crediting methods
Understanding crediting methods Allianz Life Insurance Company of North America M-5273 Page 1 of 8 Fixed index annuities Fixed index annuities (FIAs) offer many important benefits. Understanding how they
More informationUnderstanding fixed annuities
Allianz Life Insurance Company of North America Understanding fixed annuities Protection for your retirement money M-5210 Page 1 of 12 Page 2 of 12 It s time to rethink retirement. In recent years, the
More informationSmall-business prospecting guide
Allianz Life Insurance Company of North America Small-business prospecting guide Making the most of this untapped market P For financial professional use only. Not for use with the public. Small-Business
More informationAllianz 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 informationAllianz MasterDex X Annuity. Allianz Life Insurance Company of North America CB52575-NFA-CA-2. Page 1 of 16
Allianz Life Insurance Company of North America CB52575-NFA-CA-2 Page 1 of 16 Discover the MasterDex X Annuity from Allianz. A fixed index annuity from Allianz can be a valuable asset. A prudent plan shouldn
More informationSmall-business prospecting guide
Small-business prospecting guide P For financial professional use only. Not for use with the public. Make the most of an untapped market Small-Business Life Insurance Kit M-5136 Page 1 of 6 Start reaching
More informationAllianz Endurance Plus Annuity
Allianz Life Insurance Company of North America Allianz Endurance Plus Annuity A versatile and flexible retirement solution CB59951-03 Page 1 of 16 Discover the Allianz Endurance Plus Annuity. A solid
More informationAllianz MasterDex X Annuity
Allianz Life Insurance Company of North America Allianz MasterDex X Annuity Focus on the X factor CB52575-3 Page 1 of 16 Page 2 of 16 Discover the MasterDex X Annuity A solid retirement plan considers
More informationHow To Get A Masterdex X Annuity
Allianz Life Insurance Company of North America Allianz MasterDex X Annuity Focus on the X factor CB52575-NFA-3 1 of 20 Discover the MasterDex X Annuity A fixed index annuity from Allianz Life Insurance
More informationAllianz MasterDex 10 Plus Annuity
Allianz Life Insurance Company of North America Allianz MasterDex 10 SM Plus Annuity Start building today the life you want tomorrow CB51288-03 Page 1 of 16 Discover the MasterDex 10 Plus SM Annuity from
More informationUnderstanding variable annuities
Allianz Life Insurance Company of North America Understanding variable annuities Discover how you can insure a portion of your retirement assets. USA-1517 Page 1 of 20 Solutions for RETIREMENT REALITIES
More informationCommon life insurance terms
Common life insurance terms Allianz Life Insurance Company of North America Like most industries, life insurance has a language all its own. This glossary may help explain some of the most common terms.
More informationEnjoy 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 informationAllianz MasterDex 5 Plus Annuity
Allianz Life Insurance Company of North America Allianz MasterDex 5 SM Plus Annuity Make your plans. Then make them happen. CB51261-3 Page 1 of 16 Discover the MasterDex 5 Plus SM Annuity from Allianz.
More informationAllianz MasterDex 5 Plus SM Annuity
Allianz Life Insurance Company of North America Allianz MasterDex 5 Plus SM Annuity Make your plans. Then make them happen. CB51261-2 Page 1 of 16 A fixed index annuity from Allianz can be a valuable asset.
More informationCash 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 informationIndividual 401(k) Plans For Small Business Owners
Individual 401(k) plan For small-business owners Allianz Life Insurance Company of North America Allianz Life Insurance Company of New York AMK-094-N Page 1 of 12 Owning your retirement with an individual
More informationUnderstanding IRA distributions
Understanding IRA distributions A retirement distribution guide Allianz Life Insurance Company of New York Allianz Life Insurance Company of North America AMK-019-N Page 1 of 12 It s important to know
More informationProtect your financial future: Your income, your family, your lifestyle. PHOENIX PERSONAL PROTECTION CHOICE SM
Protect your financial future: Your income, your family, your lifestyle. PHOENIX PERSONAL PROTECTION CHOICE SM A single-premium fixed indexed annuity with flexibility to address multiple needs Investment
More informationhelping 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 informationIndividual 401(k) plan
Individual 401(k) plan For small-business owners Allianz Life Insurance Company of New York Allianz Life Insurance Company of North America AMK-094-N Page 1 of 12 Owning your retirement with an individual
More informationVariable Annuity Overview
Variable Annuity Overview CAC.1162 (04.12) Protect Tomorrow. Embrace Today.TM When planning for your retirement, you ll find there are a variety of products, investments and strategies that can be utilized
More informationIncome Protector. Allianz Connections SM Variable Annuity. Income to help sustain your lifestyle. Allianz Life Insurance Company of North America
Allianz Life Insurance Company of North America Income Protector Income to help sustain your lifestyle Allianz Connections SM Variable Annuity CNT-055 Page 1 of 16 Solutions for RETIREMENT REALITIES This
More information1035 exchange. Understanding the. When exchanging or keeping a contract makes the most sense
Understanding the 1035 exchange When exchanging or keeping a contract makes the most sense Allianz Life Insurance Company of New York Allianz Life Insurance Company of North America AMK-283-N Page 1 of
More informationGetting the Most from Your Insurance
SMART STRATEGIES Getting the Most from Your Insurance This information is written in connection with the promotion or marketing of the matters addressed in this material. The information cannot be used
More information4-Step Guide to Life Insurance
TIAA-CREF Life Insurance Company 4-Step Guide to Life Insurance Our promise to help you protect what matters most At TIAA-CREF, we understand the need for life insurance our promise is to help you make
More informationUnderstanding 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 informationBusiness Insurance Fact-Finder
Small- Business Life Insurance Kit Allianz Life Insurance Company of North America Business Insurance Fact-Finder (R-/203) Business concerns Most business owners express interest in one or more of the
More informationUnderstanding 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 informationBuyer s Guide for Deferred Annuities Fixed. Table of Contents
Buyer s Guide for Deferred Annuities Fixed Table of Contents What Is an Annuity?...2 When Annuities Start to Make Income Payments... 2 How Deferred Annuities Are Alike... 2 How Deferred Annuities Are Different...
More informationAllianz 222 Annuity. Protection and flexible benefits. Allianz Life Insurance Company of North America CB95352-1
Allianz Life Insurance Company of North America Allianz 222 Annuity Protection and flexible benefits CB95352-1 Must be used with Allianz 222 Annuity consumer brochure insert (CB95352-B) or appropriate
More informationSimplified Employee Pension
Simplified Employee Pension A retirement savings plan designed for small businesses Allianz Life Insurance Company of North America Allianz Life Insurance Company of New York AMK-121-N Page 1 of 8 A Simplified
More informationBusiness Owner s Bonus Plan. Producer Guide. For agent/registered representative use only. Not for public distribution.
Business Owner s Bonus Plan Producer Guide For agent/registered representative use only. Not for public distribution. Business Owner s Bonus Plan Producer Guide The Business Owner s Bonus Plan is a personally
More informationflexible life insurance protection enhanced cash value accumulation potential
AXA Equitable Life Insurance Company Athena Indexed Universal Life SM flexible life insurance protection enhanced cash value accumulation potential your changing protection and financial needs Life never
More informationAdvanced Markets Success Strategy Life Insurance in Retirement Planning Plus
Success Strategy Life Insurance in Retirement Planning Plus Life insurance protection is the foundation of a family s future, providing cash to: replace income for surviving family, pay off family debt,
More informationWe 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 informationSales Strategy Life Insurance in Retirement Planning Plus
Sales Strategy Life Insurance in Retirement Planning Plus Life insurance protection is the foundation of a family s future, providing cash to: replace income for surviving family, pay off family debt,
More informationSteadily growing, safe and secure. Financial values your future can count on.
Steadily growing, safe and secure. Financial values your future can count on. Retirement: built by you, grown by you 2 enjoyed by you. Let s not pretend that your retirement will be like anyone else s.
More informationUnderstanding 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 informationLearning 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 informationUnderstanding 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 informationFlexible Premium Universal Life Insurance with an Indexed Feature A Life Insurance Illustration
Initial Base Face Amount = $ Total Initial Annual Premium = $ About the Universal Life Insurance Policy Phoenix Simplicity Index Life is a single life flexible premium universal life insurance policy with
More informationHow To Use A Massmutual Whole Life Insurance Policy
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 informationLive 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 informationThe Facts of Life and Annuities
2 The Facts of Life and Annuities Introduction... 4 7 Key Facts... 5 Life Insurance Ownership Is Widespread, but Inadequate... 6 Most Individual Life Insurance Policies Are Permanent... 8 Why Life Insurance
More informationLSW FlexLife Indexed Universal Life Insurance
Indexed Universal Life Insurance Prepared on March 26, 2014 for The Client Presented by Trusted Agent 1 National Life Drive Montpelier, Vermont 05604 802 229-3333 Life Changes. Protect It. Product Issued
More informationThe Hartford Saver Solution SM A FIXED INDEX ANNUITY DISCLOSURE STATEMENT
The Hartford Saver Solution SM A FIXED INDEX ANNUITY DISCLOSURE STATEMENT THE HARTFORD SAVER SOLUTION SM FIXED INDEX ANNUITY DISCLOSURE STATEMENT This Disclosure Statement provides important information
More informationPermanent Benefit Group Life Insurance Under Code Section 79
Permanent Benefit Group Life Insurance Under Code Section 79 Expanding the Benefits of Group Life Insurance Advantages of Permanent Benefit Group Life Insurance. Giving employees the option to use cash
More informationPROTECTION 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 informationUSING LIFE INSURANCE TO HELP SUPPLEMENT RETIREMENT INCOME
USING LIFE INSURANCE TO HELP SUPPLEMENT RETIREMENT INCOME A death benefit & retirement planning strategy Agent Guide For agent use only. Not to be used for consumer solicitation purposes. Protect what
More informationPruLife Founders Plus UL
PruLife Founders Plus UL PREPARE FOR THE POSSIBILITIES IN LIFE The Prudential Insurance Company of America 0255027 0255027-00001-00 Ed. 12/2013 Exp. 06/12/2015 A FINANCIAL LEADER FOR OVER 135 YEARS Prudential
More informationDesigned for growth. Destined to provide. ULTRA INDEX SM UNIVERSAL LIFE INSURANCE LBL7376-2
Designed for growth. Destined to provide. PRODUCT OVERVIEW ULTRA INDEX SM UNIVERSAL LIFE INSURANCE Designed for growth. Destined to provide. Taking care of your family means more than protecting them.
More informationProtection Now. Income Later.
Protection Now. Income Later. Life Insurance Retirement Plan for Women AD-OC-749C What are two problems facing today s woman? 1 2 The Family s Financial Vulnerability. Whether you are part of a two-income
More informationThe Intelligent Life
TIAA-CREF Life Insurance Company The Intelligent Life Advantage A family of life insurance policies designed to help meet a lifetime of needs Designed to meet a lifetime of needs When it comes to life
More informationA balanced, versatile approach to long-term wealth accumulation
RiverSource Multi-Index universal life insurance RiverSource Life Insurance Company RiverSource Life Insurance Co. of New York A balanced, versatile approach to long-term wealth accumulation 291731 D (3/16)
More informationAgent Deferred Compensation overview
Allianz Life Insurance Company of North America Agent Deferred Compensation overview You can set aside money for your future and we will too. P For financial professional use only. Not for use with the
More informationLifetime Income Benefit Rider
for a secure Retirement Lifetime Income Benefit Rider (LIBR-2010)* Included automatically on most Fixed Indexed Annuities** for use with Fixed Indexed Annuities *May vary by state. Not available in all
More informationFreedom to enjoy tax-free retirement income
Tax-efficient retirement income Using life insurance Freedom to enjoy tax-free retirement income 291194 F (9/13) The Protect. Grow. Give. philosophy With life and disability income insurance, you have
More informationThe Flexibility of Cash Value Life Insurance
Advanced Markets The Flexibility of Cash Value Life Insurance Beyond Protection With today s focus on value and flexibility, cash value life insurance comes into its own. Beyond its main purpose of death
More informationImplications of Withdrawals and Loans from a Life Insurance Policy
Implications of Withdrawals and Loans from a Life Insurance Policy Life insurance is frequently structured to provide income that can be used for various needs, such as supplemental retirement income,
More informationHARTFORD 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 informationA guide to buying insurance
A guide to buying insurance What you should know before you buy Is life insurance right for you? Life insurance policies are designed for people who: Want to replace income that is lost due to death Seek
More informationA 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 informationBuild 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 informationLife Insurance in Retirement Planning
Life Insurance in Retirement Planning HOW PERMANENT LIFE INSURANCE CAN HELP MEET YOUR DEATH BENEFIT NEEDS AND ENHANCE YOUR RETIREMENT. 0251133-00002-00 Did You Know? Many high-income and high-net worth
More informationLife Insurance Tutorial & Calculation Worksheet
Life Insurance Tutorial & Calculation Worksheet Provided By NAVY MUTUAL AID ASSOCIATION Henderson Hall, 29 Carpenter Road, Arlington, VA 22212 Telephone 800-628-6011-703-614-1638 - FAX 703-945-1441 E-mail:
More informationRetirement Extra using Life Insurance
Retirement Extra using Life Insurance Producer Guide Retirement Extra using Life Insurance is, first and foremost, a concept, it is not a product or contract. If this concept material will be used to promote
More informationVariable Annuities 101
WealthMark Advisory Services Philip Scholler President/CEO 5001 Horizons Drive Suite 201 Columbus, OH 43220 614-824-4352 phil@wealthmarkas.com www.wealthmarkas.com Inside Workbook: What Is a Variable Annuity?
More informationBuyer s Guide for Deferred Annuities. Table of Contents
Buyer s Guide for Deferred Annuities Table of Contents What Is an Annuity?... 1 When Annuities Start to Make Income Payments... 1 How Deferred Annuities Are Alike... 1 How Deferred Annuities Are Different...
More informationEntity Agent Deferred Compensation overview
Allianz Life Insurance Company of North America Entity Agent Deferred Compensation overview You can set aside money for your future and we will too. P For financial professional use only. Not for use with
More informationInvestment Protector. Allianz Vision SM Variable Annuity. Get protection with growth potential. Allianz Life Insurance Company of North America
Allianz Life Insurance Company of North America Investment Protector Get protection with growth potential. Allianz Vision SM Variable Annuity VSN-103 Page 1 of 12 Build it. Use it. Pass it on. This brochure
More informationSmall business. Big opportunity.
Small business. Big opportunity. Retirement plans for small-business owners Allianz Life Insurance Company of New York Allianz Life Insurance Company of North America AMK-161-N Page 1 of 8 Small business,
More informationSocial Security retirement benefits
Social Security retirement benefits Allianz Life Insurance Company of North America Allianz Life Insurance Company of New York ENT-1440-N Page 1 of 8 Why a review is important Most individuals who contribute
More informationlife insurance selection guide helping you make sense of your life insurance options
life insurance life insurance selection guide helping you make sense of your life insurance options Life Insurance Products: Are Not a Deposit of Any Bank Are Not FDIC Insured Are Not Insured by Any Federal
More informationLife insurance is a simple answer to a very difficult question:
Chances are, you need life insurance Life insurance is a simple answer to a very difficult question: How will my family manage financially when I die? It s a subject no one really wants to think about.
More informationLIFE TERM. Guaranteed Level Term. Protection. Flexibility. Value.
LIFE TERM Guaranteed Level Term Protection. Flexibility. Value. Life. your waysm Strive to live your dream and plan for the if in life. Discover the flexibility of life insurance protect and transfer wealth
More informationWhat you know about life insurance
What you need to know about life insurance This piece has been reproduced with the permission of Life Happens, a nonprofit organization dedicated to helping consumers make smart insurance decisions to
More informationVARIABLE UNIVERSAL LIFE YOUR 5-MINUTE GUIDE. You want it all.
VARIABLE UNIVERSAL LIFE YOUR 5-MINUTE GUIDE You want it all. Need more from your life insurance? You need life insurance protection for your family, retirement investments for yourself and your preschooler
More informationProtection That Offers Selection To Fit Your Lifestyle! More Choices More Control!
Protection That Offers Selection To Fit Your Lifestyle! More Choices More Control! Consumer Brochure A Flexible Premium Life Insurance Policy with Equity Index Options Policy Form 01-1143-07 and state
More informationA 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 informationIncome-Tax Free Benefits for Your Heirs and Lifetime Benefits for You. Lifetime Benefits for You
Indexed Universal Life Insurance 1 Income-Tax Free s for Your Heirs and Lifetime s for You Prepared on August 13, 2013 for by Trusted Advisor Income - 1 Tax Free s for Your Heirs Lifetime s for You Product
More information