Mature Market "Life Insurance": Asset Protection, Whole Life Policies, "Education Funding" for Grandchildren - Huntington Woods, Michigan

By
Services for Real Estate Pros with Pillar Financial Corporation

Mature Market Life Insurance

You've worked hard to provide for your family and to build your nest egg. But what will happen to your assets when you try to pass them on? You may believe your Will takes care of this transition for you, but a large value of your estate may be lost to death taxes and estate settlement expenses.

Illinois Mutual has designed two unique Whole Life policies with the Mature Market in mind - Simplified Issue Whole Life & Single Premium Whole Life - that can assist you in making a tax efficient transfer to your desired beneficiary.

Simplified Issue Whole Life is an annual premium policy that provides guaranteed premiums and death benefits. This policy would be ideal for those who wish to provide a grandchild's college education, finance home improvements, reduce credit or mortgage obligations, fund a new business or pay for final expenses and taxes.

Single Premium Whole Life offers all the advantages of traditional whole life with the payment of a one-time premium. This policy would be ideal for those whose financial goals include gifting, charitable giving, trust creation, estate planning or wealth transfer.

Both policies are for issue ages of 45 to 85 and include an Accelerated Benefit Rider* at no additional premium. This rider provides access to policy funds for financial needs that arise from terminal illness or nursing home confinement.* Both products are non-illustrated, with guaranteed face amounts and guaranteed cash values and can be issued with a death benefit as low as $5,000.

 

Ted Lewicki is the president of Pillar Financial Corporation located in Waterford, Michigan.  Ted will help you analyze your financial situation and customize a plan that works for your family's life insurance needs.  Find out more at http://www.pillarmortgage.com/

 

 

 

Servicing:  Oakland County, Addison Township, Auburn Hills, Berkley, Beverly Hills, Bingham Farms, Birmingham, Bloomfield Township, Clawson, Commerce Township, Farmington, Farmington Hills, Ferndale, Franklin, Hazel Park, Highland Township, Holly, Holly Township, Huntington Woods, Independence Township, Keego Harbor, Lathrup Village, Lyon Township, Madison Heights, Milford, Milford Township, Northville, Novi, Oak Park, Oakland Township, Orchard Lake, Orion Township, Oxford Township, Pleasant Ridge, Pontiac, Rochester, Rochester Hills, Royal Oak,
Southfield, South Lyon, Troy, Walled Lake, Waterford Township, West Bloomfield Township, White Lake Township, Wixom

 

conventional mortgage, reverse mortgage, long-term care, senior care package, family care package, HECM, HECM reverse mortgage, reverse mortgage for seniors, mortgage reverse, mortgage reverse taxes, lender mortgage reverse, calculator mortgage reverse, lender reverse mortgage, Michigan reverse mortgage, home mortgage reverse, aarp mortgage reverse, hud mortgage reverse, seller financing, private mortgage, seniors in foreclosure, distressed property Michigan, jumbo loans, own your home, FHAsecure, refinance real estate, refinance investment property, investment property financing, finance investment property, lower interest rate, interest rate, foreclosure, get out of foreclosure, repair bad credit, restore credit, cash out, cash back at closing, income property, first time buyers, first time home buyer, low income home buyer, credit problems, need cash, finance, refinance, equity, home equity, home equity loan, equity line of credit, insurance, insurance quote, insurance policy, home owners insurance, auto insurance, car insurance, motor cycle insurance, boat insurance, recreational vehicle insurance, health insurance, life insurance, long term care insurance, disability income insurance, annuities, liability insurance, liability coverage, medical insurance, insurance claim, insurance application, adequate insurance coverage

 

Comments (2)

Anonymous
Arsalan

Description: Find the best quotes in the UK for life insurance and critical illness cover. We have years of experience and a wealth of adive available. Get a quote online today.

Condition life insurance allows exactly what it voices like - life insurance for a bounded time period. The condition is the time period, and it's decided upon once a somebody purchases the life insurance policy. A person can decide to buy a condition life insurance policy for among many terms - such a year, 10 years, or 30 years.

Sep 09, 2008 06:47 PM
#1
Atiq Sammar
Life insurance

Nice blog all topic about life insurance are clear in above blog if any one read these blogs then i think thay get insurance.

 

 

http://www.jumplifeinsurance.co.uk

Dec 24, 2008 09:19 PM