Sentences with phrase «maximize use of the insurance»

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In a nutshell, while most whole life insurance is fixated on maximizing the death benefit of a policy and just allowing cash values to grow over time, strategic self banking focuses on maximizing life insurance cash values, so the whole life insurance plan can be used strategically as a savings and personal financing vehicle for the purpose of recapturing your cost of capital incurred when having to deal with third party lenders or using your own cash.
When working on these strategies for my clients, I have a life insurance expert that I always use to find the most preferred underwriting and pricing in order to maximize this specific transfer of risk.
Our attorneys are certified in the intricacies of personal injury law and how they can be used to maximize your settlement with the negligent parties and their insurance companies.
By having an experienced Abels & Annes attorney act as the sole communicator with the insurance adjuster on your behalf, you can trust that we will say the right things to maximize your claim assessment instead of giving the adjuster any information that could be used against you.
In the insurance world you will see universal life insurance being used more in advanced estate planning after other tax - free / tax deferred options (like 401ks, IRAs, etc...) have been maxed out and customers are seeking ways to maximize their money in a tax deferred way to help minimize current tax obligations that can't be gained using other forms of investment vehicles.
A Return of Premium policy ensures you get all or some of the money you paid in back as a refund for not using the policy; however, this option also comes with a higher premium payment since the insurance company will have a shorter period of time to maximize the profit potential of the premiums paid in.
Earnix, a pricing analytics platform, found that 45 % of larger insurance companies use this tactic to maximize their profits.
When working on these strategies for my clients, I have a life insurance expert that I always use to find the most preferred underwriting and pricing in order to maximize this specific transfer of risk.
One of the ways we encourage our clients to maximize their whole life insurance policy is to use the cash value as collateral for a life insurance loan to purchase other income producing cash flow assets, such as real estate and other investment opportunities.
However, in order to understand this list in context, please take a moment to read through the rest of our article that focuses on strategies you can use along side the best life insurance for seniors to maximize wealth building and legacy creation.
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