Friday, March 20, 2020

The Benefits of Life Insurance In a Down Market

When we think of life insurance, often the first thing that comes to mind is protection. That protection extends to both good and bad markets - and not just death benefits but living benefits as well.
Given the recent financial news, here are some things to consider.


  • Tax free death benefits can protect an insured's income and assets from market volatility during their working years and beyond, and provide a legacy when markets recover. 
  • Income tax-free withdrawals and loans may be used as potential sources of emergency funds, or to help meet liquidity needs.
  • Life insurance cash values can be accessed during a down market to avoid selling other assets and "locking in" losses.
Different types of life policies offer other advantages. Give us a call and we'll discuss with you over the phone.

Chris Castanes is the president of Surf Financial Brokers, as well as a professional speaker helping sales people be more productive and efficient. 

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