The tax advantages and economic leverage of linked benefits is now being perceived as an asset, or more accurately, an asset hedge. The liquidity features are a significant consumer component of the purchase, as are some of the contractual guarantees in these polices. And some of these products have a death benefit that can protect your premiums paid into the policy in the event of premature death. Steve and Bradley escort you through the basic understanding of linked cash value products and their value in a retirement plan.
The views expressed here are those of the author and not necessarily those of ProducersWEB.
Reprinting or reposting this article without prior consent of Producersweb.com is strictly prohibited.
If you have questions, please visit our terms and conditions
Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the number one online author and videographer of insurance content. During his 30-year... More
Steve Savant recently shared that 50% of American life insurance policy insureds are in the wrong rate class and the policy owner is paying too much for the coverage. A second opinion could yield significant savings.