Insurance-Investing Insurance-Investing allows rapid mortgage freedom.
This investment does THREE JOBS with the same money.... All AT THE SAME TIME. This is the smart investment strategy for the rich. No need for off shore invest-ments. No real need for online investing. Your investments are protected from Taxes and Creditors!
This is the greatest vehicle I know to grow your wealth tax-free, and in safety. Unfortunately, few people understand the term Insurance Investing, or Insurance Investment. Surpriiiizze. A good 50% of licensed Life Insurance Agents may fail a test on the intricacies of investing in an Insurance Policy. If these professionals will fail what happens to the Clients they must teach and lead? I cannot comment on the competencies of life Insurance Agents. One faction preaches a dogma of “Buy Term and Invest the difference.” This investment philosophy, when taken to its fullest extent of fanaticism and religious fervor, creates a problem for you as Clients as well as for other insurance Professionals. The problem is tax benefits. Mortgage Freedom works faster because of tax benefits. When one professional says one thing and the other says the opposite, how do you know who to believe? – My advice -Don’t believe the loudest, or the smart dresser! Look for the logic. That logic, armed with insurance investing gains you mortgage freedom. Mortgage Freedom with the Smart Mortgage Investment Plan, (SMIP), means extra money comes into your household because of tax refunds. When you pay down your mortgage consistently with those tax cheques, over the years, the extra payments on the principal will reduce the mortgage balance quite quickly. Common, read “broke”, wisdom has developed a mistrust of the Life insurance industry because of decades of mis-understanding. Too many had paid the premiums on Term Insurance for years then received no benefits. Many have invested in the whole life Policies of the 1950’s and 1960’s where proceeds of the invested funds were not always paid out to the owner or Beneficiaries. These are good reasons to loose confidence today. However, many of these stories could have resulted from a misunderstanding. For example, if premiums on a Term Policy were not paid up to date, beneficiaries would be unable to collect on a lapsed policy. If you were told to invest then later discovered your investment could be transferred to a side account and blended with the Insured sum, you too would be upset. This record of problems could include a fair share of unscrupulous Insurance Agents and perhaps a company or two throughout history. Facts are that the industry has cleaned up its act. Agents are policed very strictly and new tax laws have created very generous tax benefits to reward investors who can structure their life insurance policy as an important vehicle to achieve the benefits of insurance-investing. But this is not common knowledge. The bad image is common, because bad news stick. Everyone forgets about the good things you do. They remember only the times you screwed up. For Mortgage Freedom, insurance-investing works really well when you have some equity in the home. Explained simply, the strategy involves using the equity to buy an Insurance Investment. Before the ink is thoroughly dried on that investment, you can take the money out and use it to pay down the mortgage. To be clear, you have a series of accounts. An Insurance Investing Account….And…. You must have a very knowledgeable Insurance Agent to do that. Then also you will have an insured amount, usually you choose a fantastic sum here. This is the dream account you will leave behind for the kids, or at least, your loved ones. Then you create another account that you could spend. If you are unsure how to create these three accounts get the Ebook Consumers Wealth. It will make all of this very clear or call in for our wealth coaching program. We will be happy to guide you through the various steps to your Mortgage Freedom. Link for Home Based Business
Licensing and compliance laws require us the use of a professional licensed in your town, city, province or state to implement the plan. This is specialized stuff. This is stuff the bank managers rarely tell you about. It is stamped TOP SECRET. There is a lot of money involved here. First of all you stand to make a lot if you are coached right. Here is the same cheque working THREE TIMES FOR YOU. The First Job is its work as an insured investment. The Second Job is to protect the spouse and children when you die. The Third Job is to create a slush fund that replenishes itself to provide the money you can afford to spend, money to meet any of your needs while you are alive. . Not only could you make mortgage payments from this fund, you could use it to pay the bills or to go on vacation or to buy the expensive car you see your neighbors drive but never understood why they could drive expensive, luxury cars while you drive your old Geo Metro. Now, you could be the one driving around in the jaguar, the mercedes benz, the sebring, the Lincoln, the rolls Royce, the lambergini. And of course, your home would be free of a mortgage! Let me elaborate a bit on the differences between these types of life insurance investments. You could adapt either one of the three to meet your need for mortgage freedom fast. Until now, I was referring to the Life Insurance Policy, the Universal Life Policy which can be used as an investment. The Whole life insurance policy is limited for such use. Consumers cannot apply on the internet using online investing to purchase a Universal life policy. It is too intricate. The policy must be tailored to meet specific individual and family needs and goals. You get that fit only with professional advice. Insurance Investing-Segregated Funds:The second important insurance-investing method is to use Segregated funds for investing. These are pooled funds managed by a Fund manager similar to Mutual Funds. The differences include the fact that segregated funds always give a guaranteed return of 75% or 100% of the sum invested at the end of the contract. These guarantees also include specified returns upon the demise of the investor. As the fund increases in value, the sum guaranteed can also increase. As an investor, you could lock in any gains in your investment. As such, a $20,000.00 investment that grows to $25,000.00 could have the guaranteed amount locked in at $25,000.00 so that the company would pay out $25,000.00 as the proceeds, even if at the time of death, the fund values had dropped to only $22,000.00 for example. As an insurance product, Segregated funds carry all of the features listed above for Insurance-investing. If you are a business owner, or a practicing professional who serves the public, you want to hold your assets in this kind of Investment or a segregated fund to protect your assets from liability claims and law suites. This type of fund takes some of the risk out of investing for seniors in that the guarantees remove some of the impact of market fluctuations.
Investing in Insurance AnnuityThe third method to achieve insurance-investing is with an annuity. An Annuity is an insurance contract you purchase whereby the insurance company guarantees specific payments over a certain period of time. The annuity payment gives an important option for the elderly to receive a guaranteed return on their money. This product calculates the expected lifespan of the owner. Women live longer than men statistically, so for the same amount invested in an annuity insurance policy, a woman will be paid more than a male. Age is important too so that an eighty year old will receive a higher monthly payment generally than a seventy-year old. The investment risk is assumed by the Insurance company, somewhat like the returns paid on a term deposit or a guaranteed investment certificate at the Bank. With the Annuity, the Company makes payments at or just above existing interest returns for the savings accounts. In the low interest environment of today, an annuity insurance policy may not feature among the best choice for you to receive annuity income as a senior.Mortgage Freedom can be enhanced by the annuity payments from the policy. You pay the principal down with each payment, whether monthly, quarterly annually or whatever. Shortly after the mortgage principal is reduced, you go borrow the money back to invest for growth and to create a tax deduction.
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