FOR THOSE WITH A MULTIGENERATIONAL VIEW, INSURANCE CAN BE AN ATTRACTIVE ASSET CLASS WHEN MEASURED BY INTERNAL RATE OF RETURN OF THE PREMIUM TO THE COVERAGE AMOUNT - AND WHEN CONSIDERING TAX ADVANTAGES, POTENTIAL STABILITY, PREDICTABILITY AND NONCORRELATION TO OTHER INVESTMENT ALTERNATIVES.

At Advanced Planning Group, we are first and foremost life insurance experts. Drawing on the knowledge and experience gained from more than 32 years of underwriting, we assist clients in making the right life insurance choices that will provide maximum protection for their families, assets and wealth transfer.

Below is a brief overview of the major types of life insurance policies available. To discuss your current policy or to learn about which policy may be right for you and your family, please contact us at 1-888-782-3433.

Traditional Insurance
Traditional life insurance remains the cornerstone of any wealth and estate planning strategy. Providing protection and piece of mind. Life insurance also offers substantial tax benefits, preserves wealth, and can hold significant wealth-generating potential.

There are a wide variety of life insurance policies available each addressing a specific individual or businesses need. The following offers a cursory explanation of the various options available, and can serve as a basic guide to your needs.

Universal Life: Ideal for permanent insurance needs or to address estate tax and liquidity, among other issues. Offers level, flexible, or adjustable coverage and premiums, with cash value tied to the performance of the insurance company's assets account portfolio.

Guaranteed Universal Life: Offers similar benefits to Universal Life, but with a guaranteed cost of premium coverage and interest rate.

Whole Life: Offers similar benefits to Universal Life, but with level and fixed premiums and coverage. Cash value is based on the performance of the company's assets.

Level Term: Provides coverage for a predetermined number of years, typically 5, 10, 15, 20 or 30. Offers level and usually guaranteed premiums and death benefits throughout the period of coverage with no cash value. Designed to provide coverage for needs of a limited duration, including buy-sell agreements, income replacement and key-man insurance.

Second to Die: Second to Die insurance is similar to Universal Life except that it insures two people. The policy is specifically designed to provide funds at the death of the second spouse to cover estate tax liability (in most situations, federal estate taxes are not significant until the second spouse dies). This type of policy can provide needed funds so that the family's estate is preserved for the heirs.

Advanced Planning Group can provide you with the expertise and guidance to determine which of these policies best addresses your current requirements to complement and maximize a wealth transfer strategy.