Income For Life

If I told you, that you could take $1,000,000 in cash, which is sat doing nothing….. and turn it into $3.5 million, for your family... plus give you $50,000 per year income for life! When would you wish to take my call?

A client wishes to make an investment that will be able to provide an income in retirement for the rest of their life. The client also is concerned about the wealth tax beneficiaries will have to pay on the estate. Finally, they wish to provide a lump sum for beneficiaries to enjoy after passing away.The adviser recommends the Capital for Life strategy - Income for Life - which uses an indexed universal life insurance policy backed by the world's largest life insurance companies.

What Is Universal Life Insurance?Universal life insurance (UL) is a type of permanent life insurance. It is a whole life insurance policy and is designed to pay out a cash lump sum upon death.
UL is also known as 'jumbo' life insurance because of its high coverage level. The death benefit of universal life insurance can range from $1m to $150m and beyond.
How does universal life insurance work?
In a universal life (UL) policy, the premium paid goes toward insurance costs and administrative fees, with the remainder going into investment returns to build up the cash value component. A key feature of UL insurance policies is the flexibility of premium payment.
Policy loans and withdrawals are allowed under UL insurance policies. Surrender charges often apply to withdrawals during the first few years of an insurance policy. But policy loans are available without penalty from the start of year two onwards. Some universal life policies have no lapse guarantees meaning they have guaranteed life cover, regardless of investment performance.