Gifting life insurance policies

By Steve Savant

Life insurance is the most underutilized and forgotten product with the potential to make an economic impact on nonprofits and charities. Especially in force policies that are no longer needed to fulfill financial goals. And with a higher unified credit, some survivorship policies could be gifted. Even term insurance with conversion features that may still be available in the policy.

Steve and Ken outline the strategies and tactics that can position your practice as the premiere answer man or woman when it comes to using languishing life insurance policies.