Wealth Building and Protection

Service Description

Life insurance isn’t just for providing a death benefit—it can also be a powerful financial tool for building and protecting wealth. Permanent life insurance policies, such as whole life or indexed universal life, accumulate cash value that grows tax-deferred. This cash value can be accessed through loans or withdrawals to fund business and/or investment opportunities for wealth building. Additionally, life insurance provides strong protection for both the cash value and the death benefit. In many cases, these funds are shielded from creditors, ensuring your family receives the benefit without outside claims. The death benefit typically bypasses probate, allowing your beneficiaries to access the money quickly and privately. In addition, life insurance proceeds are generally income tax-free, helping preserve the full value of your legacy for your loved ones.