Help clients create an estate.

Single Premium

Single Premium Whole Life Insurance is a powerful tool on our myAdvisor Cloud (MAC) for creating a transfer of assets to tax free death benefit for the beneficiary. For some clients, low-interest bearing accounts simply do not cut it for the assets they are planning on transferring to the next generation. With Single Premium WL, the client can create a pool of cash value for Living Benefit Needs while establishing the transfer of assets as a death benefit should the policyholder die.

  • Help clients create an estateWebReferenceBoard3_Single Premium.png

  • Assist clients who wish to pass death benefits to their heirs

  • Understand how transference of death benefit to charity works