Private Reserve
Whole Life Insurance Strategy
A Private Reserve is a whole life insurance strategy designed to develop or improve your financial position by avoiding or minimizing unnecessary wealth transfers.
What if you could finance life’s necessities utilizing your own private financial system? So, you never had to depend on banks for money…
Think about financing your cars, home improvements, funding college and other major purchases through your own pool of capital.
How A Private Reserve Works
Private reserve strategies work best with dividend paying, whole-life insurance from a mutual life insurance company. There are only a handful of companies that offer these types of policies and you will want to make sure your agent knows how to build these policies and owns them himself.
Whole life-insurance provides permanent protection for your entire life, while building cash-value and providing other significant benefits, while you are alive. It is the foundation of your financial plan. Without it, all else can fail.
Why Whole Life?
Whole life insurance is a flexible, financial tool that allows you to remain in control of your money and create your own system for financing life’s necessities. By utilizing custom designed, whole life insurance strategies, all of your financial goals and desires can be achieved.
The capital reserve you create will be accessible at any time without bank qualifying, based on the premiums you pay. Consider the premium payments as deposits into your bank. Whole life insurance provides protection, savings and financing options. As you accumulate an increasing pool of capital it provides accessibility, control and uninterrupted compounding.
Collateralization
A fundamental key to the private reserve account is that the money in the account must be accessible through collateralization. Your cash value, insurance policy can function like a bank as described in the bestselling book, Becoming Your Own Banker.
Throughout our lives, we spend money on items that we purchase, either by paying cash or by financing. Either way, we finance everything that we buy, meaning our money either earns interest, or we pay interest for the privilege of using someone else’s.
The problem is that these items are financed by other banking institutions. And, the interest portion of every dollar spent is gone forever. When you have your own system, that you own and control, the opposite is true and you build wealth perpetually.
How To Get Started with a Private Reserve
We are specialists in whole life insurance strategies. Let us help you custom build your own private reserve. Learn how dividend paying, whole-life insurance can benefit you and your family.
Get started building your Private Reserve, schedule an introductory call.
We are an independent, life insurance agency representing the nation’s most trusted, whole life, mutual insurance companies.