3 Concepts That Will Place More Life Cases
During retirement, consumer attention often shifts from income replacement and mortgage protection to concerns about outliving retirement income and health care costs.
Three common pre-retirement uses of life insurance are:
- College Expenses
- Supplemental Retirement Income
- Long-Term Care Expenses
Simply put – IUL’s can provide clients with access, growth and protection at any age.
- ACCESS: Liquidity window for access to tax free cash withdrawals.
- GROWTH: Non reportable tax-free retirement savings linked to well known indices like the S&P 500. Clients can’t lose money when the market goes down.
- PROTECTION: Flexible death benefit provisions that policy owners can utilize for income, health care costs and ongoing care through the chronic illness rider.