How We Help You
Insurance Planning in Wealth Management for Business Owners
We Use Sophisticated Insurance Strategies to Maximize Your Quality of Life and Architect Generational Wealth
Insurance planning in wealth management is critical for business owners.
You’ve worked hard to create a level of wealth for yourself. Now you want to maximize that wealth for your own quality of life. You also want to pass on a generational legacy.
But you’re not sure what to do with your money. You’re wary of product-pushers. You don’t want to see your hard-earned wealth get eroded by commissions, hidden fees, and fine print.
That’s where we come in. We provide insurance planning in wealth management for business owners. We help you build long-term, cash-flowing wealth that you can enjoy yourself today. You can also use it to empower your family for generations.
We Teach You How to Leverage the Living Benefits of Insurance to Create & Maximize Wealth
One of the primary insurance planning in wealth management tools we use is whole life insurance. But specifically, properly structured, optimally funded whole life insurance.
We are experts at structuring and funding sophisticated whole life policies for wealthy clients. This is one of our competitive advantages.
In fact, our founder, Michael Isom co-authored a bestselling book on insurance planning in wealth management. What Would the Rockefellers Do? reveals the financial system used by the ultra-wealthy to grow, protect, and pass on wealth.
Our intention is to maximize the living benefits of the policy for your long-term wealth.
Our clients will assure you that we structure your policy to maximize your benefits, not our commissions.
Term life insurance offers only a death benefit in the event of your death. In contrast, permanent insurance offers not only a death benefit, but also what we call “living benefits.” These are obviously benefits you can take advantage of while you’re alive.
The living benefits of whole life insurance allow you to unlock the full potential of your wealth. No other insurance planning in wealth management tool gives you the same benefits.
- It safeguards your wealth.
- It helps you grow your money and increase your cash flow.
- It helps you enjoy your money today and tomorrow.
This is why insurance planning in wealth management is critical.
Proper Insurance Planning in Wealth Management Gives You Safety and Leverage
Insurance planning in wealth management is critical because whole life insurance is a foundational tool for the wealthy. Whole life insurance is a permanent policy where you can use the cash value as a savings vehicle. It pays a guaranteed interest rate plus dividends. It’s a great alternative to banks.
It can create a structure to save on insurance costs from term life, long-term care, or even taxes.
You can save money in a properly-structured, optimally-funded whole life insurance policy. You then coordinate those savings with all of your insurance planning in wealth management decisions.
You can use your own money instead of a bank’s money. You set up a loan scenario where you are in control of your payback periods. You use your cash value to access money from the insurance company.
Your cash values and minimum interest rates are guaranteed. So this removes the risk of capital depreciation when interest rates fluctuate.
This policy is not a replacement for investing. Rather, it is a value and capital capture process to store your money until it is time to invest. It comes with the following benefits:
- When you die, your trust is funded, income tax-free.
- If the market goes down, your money is safe.
- If you are disabled, the premiums can be covered. (Assuming you have a waiver of premium rider.)
- If you are sued, your money is either partially or fully protected. (Depending on what state you sign your policy.)
- You will create contingencies for future cash flow by having a permanent death benefit.
Use this insurance planning in wealth management method to automatically save and deliberately invest. The money will be available when opportunities arise.
Insurance Planning in Wealth Management is Used by the Wealthiest Individuals, Families, and Institutions
Insurance planning in wealth management is a must-have for the wealthy. Here are just a few examples of famous people and businesses who have leveraged the living benefits of whole life insurance:
Foster Farms
1939
Max and Verda Foster borrowed $1,000 against their life insurance policy to invest in an 80-acre chicken farm. Today Foster Farms’ products are sold all over the world.
Disneyland
1953
To start his theme park, Disneyland, Walt Disney was unable to secure a large enough bank loan. So he borrowed against the cash value from his life insurance policy to fund it. Today, the Walt Disney Company has annual revenues of nearly $90 billion.
McDonald's
1961
When Ray Kroc bought out the McDonald brothers, he used cash value from his life insurance policies. This covered the salaries of key employees. He also used the funds to pay for the marketing campaign for his new mascot, Ronald McDonald. The franchise has since grown to over 40,000 stores in 118 countries and counting.
Pampered Chef
1980
Doris Christopher used a policy loan of $3,000 to start her new kitchenware company. The company was later purchased by Warren Buffet’s Berkshire Hathaway for $1.5 billion.
John McCain
2000
Senator McCain secured initial campaign financing for his presidential bid by using his life insurance policy as collateral.
We Structure Your Policies Properly with Our Insurance Planning in Wealth Management Services
It must be stressed that to work effectively, whole life must be properly structured and optimally funded.
When you start a whole life policy, there is a capitalization period. This means that for the first years, you will have less cash value than a savings account.
You don’t want to set this up with the wrong companies or design it poorly or not fund it properly. Otherwise, it could take a decade or longer to break even.
A poorly-designed whole life policy will give the agent a fat commission but won’t be the best thing for you.
We structure and fund your policies to maximize your living benefits, not our commissions. This means giving you recommendations that won’t pay us as much, but are better for you.
Our insurance planning in wealth management is about doing what’s best for you.
The Foundation of Your Financial House
The living benefits of whole life insurance cannot be overstated. This is why insurance planning in wealth management is critical.
The cash value allows your quick access to loans without credit checks. It provides tax-free money. And it allows for capital preservation without risking principal.
The death benefit can enable you to pass more money to future generations without incurring estate taxes. That is, if it is structured properly, of course.
In times of declining interest rates, insurance companies more slowly decrease the dividend rate. This gives you higher rates than banks.
Your cash and death benefit are fully protected from lawsuits and bankruptcy in over 40 states. They are partially protected in all states.
Optimally-funded whole life has a comparable return to a bond portfolio, with less risk. But it also has an excellent external rate of return.
Whole life is just the beginning, a part of the insurance planning in wealth management process. In reality, insurance planning in wealth management is about putting your whole financial house in order.
Get Your Free Hardcover Books!
Get two hardcover books from our founder, Michael Isom, What Would the Rockefellers Do? (with Garrett Gunderson) and What We’re Worth.
In these books, you’ll discover the secrets of the ultra-wealthy for protecting, growing, and passing on wealth for generations.