I know a lot of you wanted to leave a legacy behind — your land, house, and other assets. But we really do not want to burden our family with the estate tax before they can acquire your properties when you suddenly left the world. There are ways to avoid too much estate tax such as naming the property to your children. But there’s in fact a better way to solve this without worrying of other disadvantages of naming your properties to someone else. That is by getting yourself a life insurance that we call Wealth Protect.
Wealth Protect is an investment-linked, life insurance plan that allows leaving a legacy for future generations. Here are the reasons why you should consider this option:
- Readily Available Funds. Provides cash to settle estate taxes and other related expenses.
- Not Subject To Garnishment. Gives the life insurance benefits directly to your loved ones. Life insurance policy proceeds are exempted from the insured’s creditors who are adjudged to be entitled to a monetary reward. In other words, no one can take it away from your beneficiaries.
- Faster Fund Growth. Lets your money grow more as it invests in bonds and/or equities.
You can add the following benefits to enhance this plan: Accidental Death Benefit, Dread Disease Rider, Hospitalization Plus Rider, Hospitalization Rider, Payor’s Rider, Special Accident Rider, Special Accident Rider with Disability Indemnity, Waiver of Premium Benefit, Wavier of Premium Supplementary to Payor’s Rider