Life Insurance Solutions
Life insurance is a very unique product that has no equal for its intended purpose. It can create capital, provide financial security to a surviving spouse or family, pay off debts and final expenses, prepay a college education fund, replace lost income, create extra liquidity to keep a business going, pay estate and income taxes owed, or provide a legacy to a favorite charity.
Businesses use life insurance for a variety of reasons, including:
- Business continuation
- Stock redemption
- Debt protection
- Key employee retention, recruitment or replacement
- Employee benefits
- Key executive deferred compensation
Cash values in permanent life insurance policies can provide more flexibility in premium payments, tax deferred accumulation, and supplemental retirement income for individuals or business executives. Cash values may be accessed on a tax advantaged basis, through policy loans and withdrawals. Please keep in mind loans and partial withdrawals may decrease the death benefit and cash values and may be subject to policy limitations and income tax in certain situations.
The various product types and multiple uses for life insurance solutions can be very complex and make purchase decisions confusing. At Eslick Financial, we use our Learning Environment approach to help you better evaluate and understand your purpose for life insurance, leading you to making confident purchasing decisions. You will also benefit from our independence, client advocacy, and more than 35 years of experience.
These issues highlight the power of M Financial Group, of which Eslick Financial Group is a Member Firm. Member Firms are comprised of some of the most successful and experienced professionals in the business. The collective buying power of M allows Member Firms to utilize favorable pricing experience and to garner special underwriting and service considerations. Reinsurance through M Reinsurance allows Member Firms to have greater insight into the pricing fundamentals of various policies. These and other advantages through M Financial Group make selecting a Member Firm as your representative a prudent choice.
See the following resources for more information:
Principles for Managing M Carrier Relationships