Triathlon Partners re-evaluate whole and permanent life insurance policies to ensure they remain aligned with your financial objectives.
Unfortunately, many initial sales pitches for permanent insurance focus on emotional appeals while neglecting details like high costs, fees, and limited investment options. Like any investment, permanent life insurance requires periodic reassessment to maintain its effectiveness. Over time, the financial commitments your policy was originally designed to fund may no longer be necessary. When this happens, the focus should shift toward accumulating tax-exempt income. By right-sizing death benefits and leveraging tax-advantaged features, you can lower premiums while increasing cash flow. Ultimately, the right insurance solutions enhance financial flexibility and maximize long-term benefits.
Insurance solutions provide more than just a financial safety net for your family in the event of death.
While the tax free death benefit is a well-known advantage, life insurance also offers valuable living benefits. Annuities and Long Term Care insurance can ensure you don't outlive your savings. Insurance and annuities are tax efficient investment vehicles that can play a significant role in your financial strategy.
Permanent life insurance is a versatile financial product.
Insurance solutions maximize your investment dollar with tax deferred growth, tax exempt income and a tax free death benefit. It is a valuable component of a retirement plan, with easily accessible cash value.
A properly structured permanent life insurance policy can perform like a ROTH IRA. The government can't dictate who can own one or how much can be invested. Survivorship life insurance is the most efficient way to provide for special needs adults and fund trusts. Life insurance is integral to estate planning and charitable giving. It is an asset that is used by companies to retain key employees, provide pension like income to executives and fund buyouts in succession planning. It is also a clever way to obtain maximum long term care benefits.
Insurance solutions should be important part of your financial plan.
Long term care insurance is a difficult product landscape to navigate.
Triathlon Partners has the expertise to find a policy that meets your objectives. Many policies restrict where you recieve your care, who can provide it, and how much of the cost they will reimburse. While others only require a plan of care by a qualified health professional to receive tax-free cash benefits. Premiums for long term care insurance may be tax-deductible, can be paid from a HSA, or transferred from the cash value of a permanent life insurance policy. Triathlon Partners knows how to maximize your premium dollar to get a policy that matches your long term care needs.
Annuities are integral part of a financial plan, as they offer tax-defered growth.
Like a 401k, this is an efficient way to invest for retirement. A successful retirement has strong predictable cash flow, with protection against inflation. Annuities can provide lifetime income, ensuring you do not outlive your savings. There is a wide variety of annuities, some are similiar to CDs, while others offer equity participation with protection against declining markets.