Empower Your Future With
Cash Value Life Insurance
Why Cash Value Life Insurance?
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Unlocking the Benefits of Cash Value Policies
Cash value life insurance offers lifelong coverage and incorporates a savings component within the policy. Essentially, you’re investing in both life insurance coverage to protect your family in case of your passing and a cash value component that serves as a savings account. The growth of this savings account varies depending on the specific type of cash value policy you choose and its associated returns.
How We Make Insurance Simple
Streamlined Process
Transparent Pricing
Fast and Efficient
Why Choose Us?
Your Partner in Financial Security
Betterinsurance.life is committed to your financial well-being. With our expertise in Cash Value Life Insurance and dedication to client satisfaction, you can trust us to navigate the complexities of insurance, ensuring a secure future for you and your loved ones.
Building Wealth, Securing Futures
Understand the mechanics of Cash Value Life Insurance and how it empowers you to build wealth while providing essential protection. From flexible premiums to potential tax advantages, discover how our policies cater to your financial goals.
Traditional vs. Cash Value
Invest in Peace of Mind with betterinsurance.life
WHOLE LIFE
20-YEAR TERM LIFE
Death Benefit*
$125,000
$400,000
Monthly Premium
$100
Investment Value by Age 50
$25,619
$66,268
Investment Value by Age 70
$70,982**
$705,211**
*We recommend having life insurance coverage equal to 10 – 12 times your annual income
**Assuming an 11% return, including $82 invested in Roth IRA or mutal fund
Frequently Asked Questions
Cash value life insurance splits your premiums between insurance coverage and investments managed by the insurer. Initially, more of your payments build cash value, but as you age, more goes towards the policy itself. The investments aim to grow over time, but if untouched, they typically return to the insurer upon your death. Accessing cash value early yields minimal returns due to fees and expenses.
No, it’s not. Cash value life insurance isn’t recommended as a strategy to enhance retirement income. The returns on cash value policies often struggle to keep pace with inflation, and you’ll encounter numerous fees and commissions along the way.
Instead, consider investing in a term life policy and allocating 15% of your household income towards high-quality growth stock mutual funds via a Roth IRA and/or 401(k). This approach typically offers better long-term growth potential and flexibility for retirement planning.
Different types of life insurance cater to varying needs and preferences. Term life insurance covers a specific period, whole life insurance offers lifelong coverage with a cash value component, and universal life insurance provides flexibility and savings. Choosing the right policy depends on individual circumstances and financial goals.
GET INSTANT QUOTE
Take the first step towards financial empowerment with our Cash Value Life Insurance policies.
