Uses for Permanent Life Insurance coverage:
- Estate Planning
- Wealth Accumulation
- Tax-sheltered Investments
Leasing – Cost stays level for life. Price stays the same for life. Coverage does not expiry as long as the plan is inforce.
Owning – Cost paid into the plan is only for 10 or 20 year, after you have a fully owned and paid up Life insurance policy.
Both plans can be custom designed specifically for you, with increasing cash value “equity” and increases in death benefit coverage year over year.