Solutions
Indexed Universal Life (IUL)
IUL’s have long been used as a financial tool for the wealthy. They have now evolved into an incredibly flexible product for all. This is a plan with permanent insurance in which the cash value increases with market growth, but it’s 100% guaranteed not to lose money due to market declines. Your access to this money can be carried out in several ways and most of those ways are tax free. Whether you use this money for business purposes, personal expenses, or yearly income in retirement, the death benefit will still be there to pass along to your heirs.
Juvenile Indexed Universal Life
A life insurance policy for your children might seem like an unusual idea to some. What it can do for them over their lifetime is definitely unusual. We can show you how a relatively low monthly contribution from childhood through their teen years can do truly remarkable things, like:
- Pay for college
- Provide a lifetime of insurance, regardless of future health concerns
- Grow into a very significant, tax-free retirement nest egg
But you don’t have to pick one of those — you can get all three (and more) with one policy. What makes an IUL superior is flexibility. For example, there are no penalties for not going to college like there is with a 529 college savings plan. It is also 100% guaranteed not to lose money due to market downturns, unlike other market-based saving options.
Annuities
The modern annuity is far more than the fixed-rate annuity your grandfather might have had. Today, these are dynamic financial instruments that can grow your savings with market-linked returns, guarantee income for life, even grant large cash bonuses. They can be as safe or aggressive as you’d like to be, while still guaranteeing never to lose money due to market downturns.
Term Life Insurance
Term Life covers you for the length of a specific “term” (10 years, 20 years, 30 years, etc). This can be the simplest and most cost effective way to protect your family from loss. Our term policies typically come with some form of Living Benefits and/or accelerated death benefit for chronic or terminal illness.
Whole Life Insurance
Whole Life’s promise is in the name. A Whole Life policy covers you for your whole life. There are no expiring terms. These offer protection no matter what future health issues may arise. As long as the policy remains in force, you are covered. There is also cash value in Whole Life plans that the insured may borrow from.
