Life insurance can help protect those most important to you and help you achieve your lifetime goals. A permanent life insurance policy accumulates cash value that you can access at any time, for any reason during your lifetime — and in most cases, income-tax-free.1 For example, you can use a policy’s cash value to pay for a loved one’s college education or supplement your retirement income, among other things. It’s completely up to you. Take a look at more ways you can use life insurance during your lifetime, and then let’s talk about how a policy could fit into your overall financial strategy: ray@strategicplanninggroup.com | |
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1Accessing cash value will reduce your policy death benefit and values, may result in certain fees and charges and may require additional premium payments to maintain coverage. Ask your financial professional for details on accessing your cash value, including how it might impact the coverage guarantees and situations when the values you access could be taxable. Always consult your tax advisor before accessing a policy’s cash value. 4942630CC_SEP24 |
Life insurance can do a lot more than you think.
March 30, 2023