40 Minute Wealth Craft Consultation

Schedule a consultation to learn how to leverage beyond the basics of simply 'saving' money. Because your money should be working harder- not you. 

This is a list of a few living benefits that can be advantageous to policyholders. In our consultation we will tailor a strategy based upon your unique needs and goals:

• Cash Value Growth: Whole life insurance policies accumulate cash value over time. This cash value grows on a tax-deferred basis, allowing you to build wealth within the policy.

• Tax Advantages: The cash value in a whole life policy can be accessed tax-free through policy loans and withdrawals, providing a source of tax-free income during your lifetime.
  

• Financial Security: The cash value serves as a financial safety net. You can access it in times of need, such as for emergencies, medical expenses, or to supplement retirement income.

• Guaranteed Death Benefit: Whole life policies provide a guaranteed death benefit, ensuring that your loved ones will receive a payout upon your passing. This can provide peace of mind and financial protection for your family.

• Dividend Payments: Some whole life policies, particularly participating policies, may pay out dividends. These dividends can be used to increase the policy's cash value, purchase additional coverage, or receive as cash.

• Estate Planning: Whole life insurance can be a valuable tool in estate planning. It can help cover estate taxes, provide liquidity to the estate, and ensure that assets are distributed as intended.

• Creditor Protection: In many cases, the cash value of a whole life policy is protected from creditors, providing an additional layer of financial security.

• Flexible Premiums: Whole life policies often offer flexibility in premium payments. You can choose to pay premiums regularly or use the cash value to cover premiums in certain circumstances.

• Long-Term Savings: Whole life insurance encourages long-term savings and disciplined financial planning. It can be a valuable component of a comprehensive financial strategy.

• Legacy Building: You can use the cash value to leave a financial legacy for your heirs or charitable causes, ensuring that your values and intentions are carried forward.