Life Insurance Planning throughout Life Stages

Many high net worth individuals underutilize life insurance because they believe it is something they only need when they are "older." This is true in that life insurance is often used for estate equalization and to maximize the amount of wealth that can be transferred to children and grandchildren via the death benefit. However, life insurance is not about age, but about portfolio optimization and wealth preservation. Whether you expect to inherit a sizeable estate or sell the company you are currently building, permanent life insurance provides an asset that can generally be safe from creditors*, protects your human capital (the value of your expected future earnings), and is an asset class that also can offer non-guaranteed dividend potential.

*Rules vary according to state and ownership.