If you bought or are looking at a whole life insurance policy that has little to no cash value following the first year, you could have done a whole lot better and your policy will continuously lag a more optimally designed policy throughout its lifetime.
Life insurance is a very customizable product, and this customizable aspect means insurance agents and brokers have a lot of discretion when it comes to designing a policy.
However, too many agents choose to implement policies in the most basic way that often places the policyholder in a less than optimal situation for growing cash value.
We’ve reviewed thousands of life insurance proposals and we rarely come across a situation where someone has purchased a policy that was designed with maximized efficiency.
And just what are you missing out on with the common whole life insurance design?
Here are some numbers to help articulate the difference.
When a policy is designed under the most basic (and common) approach, the policy will have little to no cash value following the first year.
The fact of the matter is, policies can be tweaked to provide the policyholder with much more cash and, in some cases, more death benefit, all for the exact same amount of premium (i.e. you don’t have to spend any more money to get this better result).
As you can see there is a substantial difference in first year cash value when one designs a policy to ensure greater cash efficiency.
But it doesn’t stop there.
More immediate cash means more cash that compounds over time. And this difference is significant.
Here’s a comparison from a recent case we evaluated showing the difference in cash over a 30 year period:
We’ve helped thousands of people all across the United States implement whole life insurance policies that have cash values and death benefits that wildly exceed the general performance of whole life insurance contracts, and we’d be happy to help you to.
But don’t just take out word for it.
Here is what an independent fee-only insurance advisor had to say about a proposal we designed for a new client:
“Here the upfront costs have been significantly minimized. It evaluates very well. Your agent is using [the Company’s] leanest design possible.”
We’ve also worked with numerous financial advisors across the country to help them design and implement whole life and universal life insurance policies for their clients because they have come to trust us as the source for optimal life insurance design.
Here’s your chance to compare your policy or proposed policy to the best the life insurance industry has to offer.
All you have to do is contact us with the information from your policy and we’ll show you how it compares to a policy that is designed to maximize policy performance.
If nothing more, we can ensure that you have the best policy you can possibly get. Call us today at 1-888-834-0909 or contact to discuss.
And we know that you've just been introduced to us and that we make some pretty bold claims, but we're not asking you to “take our word for it”.
Here are some comments from those with whom we have worked or been contacted to review policies:
In my excitement yesterday I may have forgotten to thank you for all of your time, effort, and persistence in assisting me with our policies.
Before this, I had thought of myself as somewhat financially saavy–I kept second-guessing our original agent, but he would always parry my questions with superficial answers, and eventually, I felt like I had to trust the guy to do the right thing….I feel lucky we are (or will be) able to get out of the mess–it's sickening to know that my money could earn much better returns but my family was potentially stuck with a growth curve that moves like molasses, simply because I trusted the wrong guy (despite having read up extensively on the topic before signing anything).
I received the policy today. I’ll return the signed forms and check this afternoon. Thanks for all your help with this. I can’t tell you how comforting it is to have a policy like this for my family.
I consider myself an advanced investor and about a year ago was very close to signing up for a “standard” whole life insurance policy with one of the major carriers (and more importantly with one of the standard agents). I was very fortunate to run into Brandon and Brantley and worked with them to design a policy that fits well for me and maximizes my risk adjusted return over the long term. I was able to do this by designing a policy that considered my return first without creating a moral hazard of the agent needing to get a massive commission.
Net / Net – I believe I effectively designed a policy that provides a very lucrative death benefit while also allowing me to generate a great tax free return. Not bad for a “component” of my net invest-able assets.
I appreciate the help with this Brandon. I am pleased to hear that my agent set this up properly. It was originally set up mainly for our goal of having life insurance. However, as my savings has grown, I have been using it as a savings vehicle too.
There is a project we have in the works, which could start throwing off cash, which I would like to allocate to a policy designed by you. Hopefully the time will come (fingers crossed) when I have to give you a call to get the ball rolling.
Thanks again Brandon! Hopefully, we can bring you more business in the future as we spread the gospel of your amazing approach to designing life insurance.
If you're not quite ready to talk with us directly, please take your time and feel free to browse our site thoroughly. There are more than 400 blog posts and podcast episodes to choose from.
Here is a small selection that might help you get started and that you might find useful:
Indexed Universal Life Insurance Income Comparison
Single Premium Whole Life Insurance: A Really Safe Place to Store Cash
Does Blended Whole Life Insurance Really Work?
Use Cash Value Life Insurance to Create a Retirement Income
Compound Annual Growth Rate vs. Average Annual Return–Wall Street's Greatest Sleight of Hand
And here is a link to our weekly podcast–The Financial Procast. To hear previous episodes click the picture below.
You probably have questions and that is perfectly understandable.
If you would like to direct those questions to us directly, use the contact form below. We respond within 24 hours to all inquiries.
Or if you prefer, you can call us directly at 1-888-834-0909. You will speak directly to Brandon or Brantley.
People contact us on a daily basis to discuss how life insurance may fit into their financial plan, and we are happy to help answer questions you have about where these products might fit into your plan.
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