08/23/2023
Do you have the NEW or OLD Life Insurance??
BREAKING THE STEREOTYPE: Life Insurance—it's not just about dying.
Today, we're dispelling a common myth: that life insurance is just for the grim reaper's visit.
Introducing permanent life insurance with ✨LIVING BENEFITS✨
Buckle up, because we're going on a journey to discover how life insurance can be a tool for LIVING:
🌳 Legacy Creation
Let your life insurance policy be the gift that keeps on giving. Create a legacy for your loved ones, a charity, or even your favorite pet!
💊 Qualifying Illness
Life insurance can become a financial superhero if you're diagnosed with a serious qualifying illness. No need to stress about bills - focus on YOU!
🏖️ Retirement Income
Yep, you read that right! Some life insurance policies can help you build a nest egg for your golden years.
🏠 Borrowing Power
Need a loan? Life insurance policies can provide loans from cash value to unlock your dream home or a business opportunity!
So, friends, let's flip the script and embrace life insurance as a LIVING benefit!
Share your thoughts, and tag a friend who needs to know this!
Living Benefits in the event of illness may be provided by riders, which are supplemental benefits that can be added to a life insurance policy and are not suitable unless you also have a need for life insurance. Riders are optional, may require additional premium and may not be available in all states or on all products. This is not a solicitation of any specific insurance policy.
The use of cash value life insurance to provide a resource for retirement assumes that there is first a need for the death benefit protection. The ability of a life insurance contract to accumulate sufficient cash value to help meet accumulation goals will be dependent upon the amount of extra premium paid into the policy, and the performance of the policy, and is not guaranteed. Policy loans and withdrawals reduce the policy’s cash value and death benefit and may result in a taxable event. Withdrawals up to the basis paid into the contract and loans thereafter will not create an immediate taxable event, but substantial tax ramifications could result upon contract lapse or surrender. Surrender charges may reduce the policy's cash value in early years.
