Protection is the Foundation for Your Wealth Enhancement
Life insurance can provide an excellent opportunity for you to meet many of your goals while still protecting the financial security of your loved ones.
• Cash value accrued over the years in your life insurance policy will be an asset at your disposal that you may withdraw or borrow from to assist you in financing a life event, or even help supplement your income during retirement. The withdrawals you make or any outstanding loans or loan interest you have will then simply be accounted for in the payout of your policy's death benefit.
• The cash reserve can be used for things like education expenses, retirement income, and many other needs. It also remains in force during the insured's entire lifetime, provided premiums are paid as specified in the policy.
• The insurance company pays a death benefit to your beneficiaries. Often, this death benefit is received income tax-free.
This material is intended for general public use. By providing this material, we are not undertaking to provide investment advice for any specific individual or situation, or to otherwise act in a fiduciary capacity. Please contact one of our financial professionals for guidance and information specific to your individual situation.