Term Insurance
becoming your own banker
Permanent Insurance
Term life insurance is a type of life insurance policy that provides coverage for a specified period, typically ranging from 5 to 30 years. During this period, if the insured individual passes away, the policy pays out a death benefit to the beneficiaries named by the policyholder. Term life insurance is known for its simplicity and affordability compared to other types of life insurance. It offers a straightforward way to provide financial protection for loved ones in the event of the insured's death, making it a popular choice for those seeking basic life insurance coverage.
Permanent Insurance
becoming your own banker
Permanent Insurance
Permanent life insurance is a type of life insurance policy that provides coverage for the entire lifetime of the insured individual, as long as premiums are paid. Unlike term life insurance, which offers coverage for a specific period, permanent life insurance combines a death benefit with a savings or investment component. This savings component accumulates cash value over time, which the policyholder can access through withdrawals or loans. These policies provide a lifelong safety net for beneficiaries while also offering potential financial growth opportunities for the policyholder.
becoming your own banker
becoming your own banker
becoming your own banker
Most people think life insurance is just a death benefit — but the wealthiest people in America know better. They use cash value life insurance as a powerful financial tool to grow, protect, and access their money tax-free — generation after generation. It’s a strategy often called "becoming your own banker." Here’s how it works:
Instead of putting all their money into traditional banks, they fund properly structured life insurance policies designed for maximum cash value accumulation — not just a basic death benefit.