life insurance is about living—not just about death
It’s more than just providing for your family after you’re gone.
it’s about protecting what matters most to you while you’re still here.
Your need for finance is way bigger than your need for death benefit. - R. Nelson Nash
It’s peculiar that discussions about life insurance often focus on death, even though no one wants to discuss that. Here, we shift the conversation to life—how to live, use, and benefit from your life insurance policy while you’re alive.
Benefit While You’re Alive
Your life insurance policy should primarily benefit the owner during their lifetime. While the death benefit is important, there’s much more to explore. We will show you how to use your policy’s cash value to enhance your financial well-being and enjoy its advantages while living.
A Misunderstood Financial Tool
Life insurance has been around for centuries, but it remains widely misunderstood. Its value is often questioned, though it has recently gained more positive attention. With decades of experience in the financial services industry, we have noticed a shift toward recognizing the benefits of whole life insurance for wealth accumulation.
A proven financial strategy for your whole life
A Top Choice for Your Finances
We advocate for participating in dividend-paying whole-life policies from mutual life insurance companies as a top-tier option for your savings. This financial product has a remarkable record of paying dividends for over 150 years, even through significant historical challenges such as wars and economic downturns.
Outperforming Traditional Savings
Conventional cash value savings options like savings accounts, certificates of deposit, and money market accounts lack flexibility and advantages compared to life insurance. Interest rates for these traditional instruments have been quite low recently.
Discover how whole life insurance can offer superior benefits and become a cornerstone of your financial strategy.
permanent whole life insurance
Whole life insurance is a unique policy that provides death benefits for the insured’s entire life. It distinguishes itself by offering living benefits through cash values. It matures at age 121 and typically has a level premium. All whole-life policies have similar benefits, the primary difference being how the policy is paid or if it’s a ‘specially designed’ whole-life policy.
Whole life insurance is often compared to buying a house due to its long-term value and stability.
Universal Life Insurance
Universal life insurance offers flexible premiums and an adjustable death benefit, focusing on customer-centricity. Investment gains typically enhance the cash value, allowing policy owners to adjust their premiums and benefits. This appeals to those seeking maximum control.
Indexed universal life insurance adds further flexibility by letting policyholders allocate cash value to a fixed or equity index account, like the S&P 500 or Nasdaq 100. It provides growth potential and protection with a 0% return floor and a cap on returns.
term life insurance
Term life insurance provides the greatest amount of coverage for a limited period. It is only effective for a specified duration because it has a TERMination date. Term life is an inexpensive type of insurance, making it an attractive option for large policies.
It is the cheapest form of pure life insurance, and because it has a termination date and no cash value, it will always be less expensive than a whole life policy with the same face value. Term life insurance offers pure death protection, paying a death benefit only if the insured dies during the policy term.
BOLI & COLI
BOLI (Bank-Owned Life Insurance) are policies banks purchase on employees, typically executives, where the bank is the policyholder and beneficiary. BOLI helps manage employee benefits by funding retirement plans and executive compensation with tax-deferred cash value and tax-free death benefits.
COLI (Corporate-Owned Life Insurance) works similarly but for employees at all levels. It aids in funding benefits and managing turnover costs and offers tax-deferred growth and tax-free death benefits.
