You've worked hard over your lifetime to achieve financial security, and now your focus is leaving the most you can to the people you care about. Whether you want to leave money to a grandchild for a college education or give a gift to a charity, you want to do the most you can with the money you plan to pass along.
Certain types of insurance, like single payment whole life, are ideal for wealth transfer because your single payment increases in value as soon as you purchase the policy, resulting in a death benefit that's larger than the original payment. If you're in your 50s, for example, it could be more than double. And, because it's life insurance, the death benefit is transferred income tax free to your named beneficiary.
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Life insurance and annuities issued by:
Liberty Life Assurance Company of Boston, a Liberty Mutual company
Home office: Boston, Mass. Service center: Dover, N.H.