Affluent Life Insurance

Life insurance for the wealthy.  Affluent life insurance is different than regular life insurance.  More care needs to be taken into consideration to assist clients in finding the best coverage for the money.

According to – affluent is “having an abundance of wealth.” In the world of life insurance, this is often for policies $2,000,000 and up.

Such as $3,000,000 or $5,000,000 in life insurance.

About Affluent Life Insurance:

Affluent life insurance is not the exact same as preferred life insurance, there are differences.  Many insurance agents incorrectly assume that just because someone is wealthy that they are a good candidate for a whole life insurance policy.  Note – that this is not necessarily the case.

A cost benefit analysis in comparison to other sources of returns would need to be done.  Consider speaking with a specialist about your Affluent Life Insurance Needs.

There are other considerations beyond the use of the money that are pertinent to any discussion with wealth individuals and these discussions are often done with an attorney.  Occasionally life insurance products may be used in conjunction with certain trusts to assist in handing money down from one generation to the next.

Why Life Insurance Might be Taxable

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Life Insurance in the United States is absolutely taxable – regardless of whatever everyone else says. However in general – proceeds from a life insurance death benefit, are often considered to be Federally Income Tax Free. That income free tax status though, does not pertain to numerous other types and kinds of taxes. Even the.. More

Life Insurance for Attorneys

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Life Insurance for Physicians

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Participating Whole Life Insurance

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In this short article we will explain exactly what participating life insurance is, who provides it, common and historical rates of return, and answer some simple questions. Part Whole Life policies are a great thing for those consumers that can afford to pay its high annual premium each and every year. Lastly we will discuss the one backdoor method to gaining access to this terrific product.

Limited Pay Life Insurance

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Is limited pay life insurance right for you? Questions, Answers, and the Real Math. Limited Pay life insurance is form of whole life insurance whose benefits last forever but whose premium payments do not. Limited pay policies could be a unique opportunity for you to save real money on your next life policy. Limited pay policies come in numerous policy payment periods.

Paid Up Additions

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Paid Up Additions are additional life insurance purchased on whole life insurance policies through life insurance policy dividends. Paid up additions are a big selling point of many captive whole life insurance agents and can be highly useful to a select few Americans. Learn if you can be one of those select few.

A 2 Million Dollar Life Insurance Policy

Written by Scott W Johnson

Are you crazy for wanting to buy a $2 Million Dollar Life Insurance Policy? This often not discussed coverage amount has been neglected for too long.What is the Same – What is Different.Speak with a SpecialistConsider AffordabilityCarefully Consider CoverageThe $2 Million Dollar Term Life Insurance policy used to be considered an excessive amount. No longer, while.. More