M Branch Financial Permanent Insurance Solutions
Protection For Life and Build Wealth You Can Access.
About Permanent Life Insurance:
Permanent Insurance offers coverage for your entire life and has the ability to build wealth within the policy on a tax-advantaged basis. Permanent insurance can be broken down into two individual types of policies. Universal Life Insurance and Whole Life Insurance. Both have there own specific advantages and comes down to the clients financial situation. It's important that the individual looking for a permanent solution keeps in mind their insurance needs, goals and future plans. This type of insurance requires a strong plan and consulting with a financial accountant.
Frequently Asked Questions
What's the difference between term and permanent life insurance?
Permanent differs from Term life insurance in a few ways.
Permanent life insurance:
Provides protection for life.
Guarantees of payments not increasing .
Builds cash value that you can access.
More affordable in the long run.
You can stop funding the policy after a certain point.
Some cool features about these policies is you can borrow money, while keeping your money growing within the policy at the full amount. You could cash out these policy. You could use the fund for retirement income down the road. Policies are very flexible.
Can I cash out my Permanent policy?
Absolutely. It is recommended that you wait at least 7-10 years to allow your cash surrender value to grow to amount more then what you have paid in premium. You can also access your money while maintaining protection by taking a policy loan from the insurance company directly or leveraging the policy at the bank or other third parties.
How do I apply for Permanent insurance?
Schedule a call with M Branch Financial, fill out an online application and send it for underwriting. We will keep in touch once your application has gone through.
IS PERMANENT INSURANCE FOR YOU?
Do you relate to any of these?
You have stable income
You want to lock in premium at a young age
You want a place to store wealth and grow it
You want an emergency fund
You're a business owner
You want to leave your kids money
Estate Planning Time
You understand Leveraging Money
You're a investor and need access to money often
Still not sure? Schedule a call to Explore Options!
