5 reasons why life insurance benefits your clients

Here are five reasons why life insurance benefits your clients:

1. Living benefits

Life insurance death benefits can be unlocked by adding living benefit riders. Activate the death benefit for long-term care, chronic illness and even critical illness coverage. Don’t let your clients drain their savings and retirement accounts to pay for unexpected health changes. Leverage a life insurance policy to pay for care in a tax-efficient manner.

2. Cash value

Life insurance can help protect your clients’ assets from creditors. With the ability to provide both tax-deferred growth and tax-free disbursements, life insurance can be the supplement that fits perfectly into your clients’ retirement portfolios.

3. Business succession

Small business owners rarely have ready access to capital or a plan for succession. Life insurance can be used to bridge the gap between inadequate or illiquid capital and a comfortable retirement. It can also aid in providing a tax-break for the business and fund a retirement account for business owners.

4. Tax treatment

What will tax brackets look like in 10 years? What about 20 years from now? Take the guesswork out of at least a portion of your clients’ portfolios. When designed correctly, a life insurance policy can be a great diversification to a portfolio. Being able to put money into a policy that will grow tax-deferred, and can still be accessed tax-free through policy loans, is an incredible provision that is permissible by the IRS. Take advantage of one of the few “tax-favored” vehicles left for consumers.

5. Death benefit

Provide a death benefit to beneficiaries. Whether used to mitigate estate taxes or make an estate whole, a tax-free death benefit can create a lasting legacy. Life insurance was formerly one-dimensional in that it only provided a death benefit. Now, with all of the features that can be added, there are many dimensions to what a life insurance policy can do for your client. However, life insurance policies still provide the basic necessity that they were designed for — a tax-free death benefit to heirs.

via ProducersWeb – Life – 5 reasons why life insurance benefits your clients.


About robertjrussellcompanies

International Real Estate Agent * Insurance Broker * Radio Talk Show Host * Public Speaker * find out about me - visit http://www.robertjrussellcompanies.com
This entry was posted in Insurance and tagged , , , , , , , , . Bookmark the permalink.

11 Responses to 5 reasons why life insurance benefits your clients

  1. Yes! Finally something about tax act.


  2. What’s up, this weekend is fastidious in support of me, since this point in time i am reading this wonderful educational paragraph here at my home.


  3. Joshua says:

    Hi there, I desire to subscribe for this web site to obtain newest updates, therefore where can i do it please help.


  4. Thanks for ones marvelous posting! I genuinely enjoyed reading
    it, you may be a great author. I will always bookmark your blog and may come back later on.
    I want to encourage you to continue your great posts,
    have a nice day!


  5. Attractive portion of content. I simply stumbled upon your website and in accession
    capital to claim that I get in fact enjoyed account
    your blog posts. Anyway I will be subscribing to your augment and even I achievement you get entry to consistently quickly.


  6. You actually make it appear so easy together with your presentation however I in finding
    this matter to be actually something that I feel I would by no means understand.
    It sort of feels too complex and extremely broad for me.
    I’m having a look ahead for your next put up, I’ll try
    to get the cling of it!


  7. I’ll immediately clutch your rss feed as I can’t in finding your e-mail subscription hyperlink or newsletter
    service. Do you’ve any? Please let me recognize in order that I could subscribe. Thanks.


  8. Terrific post but I was wanting to know if you could write a
    litte more on this topic? I’d be very thankful if you could elaborate a little bit more. Kudos!


  9. What’s up it’s me, I am also visiting this website on a regular basis,
    this web site is really nice and the visitors are truly sharing fastidious thoughts.


  10. Way cool! Some extremely valid points! I appreciate you writing this write-up plus the rest of the
    website is extremely good.


  11. knowem.com says:

    I’m curious to find out what blog platform you are utilizing? I’m having some
    small security problems with my latest site and I
    would like to find something more risk-free.
    Do you have any solutions? knowem.com


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s