Life Insurance Made Easy
Most people do not like the thought of purchasing life insurance of any kind. Most people buy term life, even though over 93% of the time, the death benefit does not pay. Highview Wealth wants you to understand the benefits of permanent insurance and how you can use them both during life and at death.
Life insurance you don’t have to die to use
- Tax-free accumulation of wealth
- Cash growth is pegged to the S&P 500 stock index
- There is NO downside risk (your money never goes backwards due to market downturns)
- Tax free use of the built-up equity as a supplemental retirement vehicle
- A FREE long-term care benefit
- A FREE critical-illness benefit
- A FREE terminal-illness benefit
Do the above benefits sound like a life insurance policy you’ve ever heard about before? If not, and if you would like to learn more about the Retirement Life™ concept, please click here.
The basics about life insurance
It is recommend you click here to read a nice summary about the different aspects of life insurance policies before considering the different types of policies and which one may be a good fit for your situation.
More people would warm up to life insurance if they just understood how it works and why one policy has advantages over another. Here you can learn about the main types of life insurance and why you might prefer to use one type of life insurance over another. Simply click on the links below to bring up a summary on each.
- Term Life Insurance
- Return of Premium Term Life Insurance
- Whole Life Insurance Policies
- Universal Life Insurance
- Equity Indexed Universal Life Insurance Policy (EIUL)
If you have read the material above, you know that cash value life insurance is useful both to protect the family in case of death or illness, and as a financial tool to supplement retirement income.
While term life insurance is a “use it (die) or lose it” type of policy, it is needed by some of younger clients because they cannot afford permanent insurance. On the other hand, many clients who can afford permanent “cash value” insurance just cannot see the value in such policies. They might want to consider a “return of premium term life” policy so they can at least havepremiums returned to them at the end of the term.
Finally, Highview Wealth is a proponent of EIUL policies (see Retirement Life™) so clients can have minimum guarantees on the cash value in their policies while at the same time having upside growth pegged to the S&P 500 or other index. This, with an EIUL policy, you can have both security and potential for good growth.