1035 Life Insurance Rescue Plan

Chances are when you first purchased your current life insurance policy it was probably a pretty good deal. 

However, there is something you should know why…

Busy People Almost Always Overpay For Their Life Insurance

Most busy people like yourself buy a life insurance policy, throw it in a drawer…and forget about it. But since you rarely have time to review your coverage, you’ve probably never noticed the scheduled price increases kick in as you’ve gotten older. 

Do you see what I’m saying here?  You must make a habit of reviewing your policy each and every year to be sure your prices haven’t sky-rocketed on you!

Common sense, right? You bet ya!

But this one step alone could save you from flushing hundreds, possibly thousands, of your hard earned dollars right down the toilet.

Which brings up a very interesting point. 

Life insurance rates are all about the same, right?

Wrong! Wrong! Wrong!

Unlike all the other costs in life, such as oil, gas, food, clothing, college education, health insurance, etc. that have risen over the years, life insurance rates, on the other hand, have been FALLING. 

That’s right…  LIFE INSURANCE RATES ARE FALLING!

Why? Primarily because people are living longer and that drives down the cost of life insurance rates.

Most Americans are pretty keen about making sure that they’re getting the best prices on their gas at the pump, bank CDs, credit cards, car insurance, and mortgages.

Yet, many of them don’t realize they can, and should, perform the same kind of competitive shopping on their existing life insurance policies. They can save a ton of money by simply shopping for a better deal.

Did you know that you could easily trade-in your old, underperforming life insurance policies for new ones that may better suit your needs, possibly without any out-of-pocket fees, risks, or taxes?

Here’s how. . .

Through a tax-friendly strategy that actually works in your favor called a “1035 Tax -Free Exchange”– so named for Section 1035[a] of the IRS code, you simply exchange one life insurance policy for another.

Voila!

Through this 1035 Life Insurance Exchange, you do not have to recognize the earnings as current income. Therefore, you do not have to pay any taxes in the process. That means you can move your money to the most competitive plan you can find without sacrificing the benefits of tax-deferral.

To receive a 1035 Tax Free Life Insurance Exchange evaluation, click here and complete the contact form, and one of our life insurance specialists will contact you promptly, or you may call us at (810) 714-9021.