Leave a More Financially Secure Legacy to Your Heirs
Or, Receive Policy Death Benefits in the Event of a Chronic Illness:
The Challenge: Balancing Your Estate-Planning Goals with Real-Life Scenarios
“Wealth Transfer” :
is a process to effectively transfer assets that probably won’t be needed during your lifetime to the next generation.
Remember…your estate has several beneficiaries:
- Your heirs
- The IRS
- Your State’s Tax Department
Do you have financial resources earmarked for your children or grandchildren… charities…or civic organizations?
Do you prefer to maintain control of this money and potentially increase the amount available in the event of a chronic illness during your lifetime?
Would You Like To…
- Increase the value of your estate immediately?
- Provide a guaranteed death benefit to beneficiaries?
- Build wealth through index-linked returns, with protection from market declines?
- Maintain liquidity through withdrawals, loans and a Return-of-Premium Guarantee?
- Access your death benefit if you become chronically ill?
WealthMax Bonus Life May Be the Answer
Death Benefit – Single premium provides an immediate guaranteed Death Benefit generally free of income taxes.
Tax-Deferred Growth – Your cash value grows income-tax deferred within the policy. As your policy value increases, so may your Death Benefit.
Access to Death Benefits in the Event of a Chronic Illness – You can accelerate up to 100% of your Death Benefit due to chronic illness, terminal illness or nursing-care confinement.
Your Beneficiaries Will Not Pay Federal Income Taxes on Death Benefits in Most Cases
Your Policy Offers Index-Linked Interest Credits for Enhanced Policy Values and Death Benefits
What is a Stock Index?
Earnings in your policy can be linked to performance of the S&P 500® Index. The S&P 500 is a diversified mix of 500 large, well-known U.S. companies. The index performance is generally regarded as a representation of the entire U.S. stock market.
To avoid principal fluctuations, the premium paid to your policy is not directly invested in the S&P 500 or the stocks that make up the index. Rather, your premium is invested by EquiTrust in order to pay you a portion of the index up-side…while protecting you from the index downside.
In other words, your account values earn positive index-based performance when index results are positive, while avoiding declines when the index results are negative.
Goldman Sachs Dynamo Strategy Index®
Highest risk-adjusted performance within a targeted level of volatility
- Dynamo allocates among several asset classes
– Fixed Income
– Real Estate
- Risk-control feature
“Participation” Strategy Example
Example 1: 5% Index Growth
Beginning index value = 180 Ending index = 189
Example 2: 10% Index Growth
Beginning index value = 180 Ending index = 198
Example 3: 5% Index Decline
Beginning index value = 180 Ending index = 171
You Will Have Access to Cash in the Event of Certain Chronic Illnesses
Your WealthMax Bonus Life policy gives you access to cash if you are diagnosed with certain chronic or terminal illnesses, or confined to a nursing home. This benefit is called the “Accelerated Death Benefit,” because death benefits are “accelerated” to help meet health-related expenses during your lifetime. Accelerated Death Benefits may be received free of federal income tax.
The Value of Accelerated Death Benefits A policy purchased by a 60-year-old woman with $50,000 premium offers Accelerated Death Benefits in these amounts in the event of one of the following health-related conditions. *
- Terminal Illness
- Nursing-Care Confinement
- Chronic Illness
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