Is New Life Insurance Policy Creating Super Wealth For Struggling Americans

Online, February 16, 2011 (Newswire.com) - Super wealthy have understood how to leverage life insurance for tax free retirement, storage of capital while getting paid higher interest rates than most banks. Even the affluent are using life insurance policies to setup their own personal banks. Which is know today as infinite banking.

More and more Americans are now understanding how to leverage these life policies as investments. To secure their financial future while still alive. Also, to receive large returns paid directly to the insured.

This concept is not new nor does it require hefy income levels to take advantage of it. The problem lies in just understanding the concept. Not being sold into a policy which some agent receives the best commission from.

1800InsuranceToday.com reports on life insurance as an investment:

"Life insurance is not only for securing your families future. Yes, you do want to make sure your family is safe and financially taken care of when your gone. But, you can use life insurance to pay yourself monthly while alive and well. To enjoy your retirement with your family."

"Felicia has been lucky enough to schmooz with some of the affluent to understand how the use life insurance to setup their own personal banks. You can read about the infinite banking concept to leverage your life policy."

"Now more Americans are finding out about life insurance as a great investment as you see in this news article from BC Local News"

"Investors don't usually think of insurance as part of their investment strategy, but they should."

"An individual's insurance needs change during their lifetime. Insurance products over the past decade have become increasingly innovative in the number of ways these needs can be accommodated. Specialized health care and illness insurance as well as wealth and estate planning insurance options enable investors to protect themselves during their lifetime. They additionally offer legitimate ways to maximize retirement savings and minimize estate tax liability."

Read the rest of the article about huge returns with your life policy.

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There are many unique life policies now available. It is important to understand the benefits of each.

In fact Felicia goes on to report on a new life policy if you are expecting a new born. How to secure the newborns future but also your own while in the process.

Felicia Reports:

"Ahh how cute... you have a baby on the way. Congratulations, now it's time to decide what is the best life insurance policy for a family with a new baby on the way."

"I found a great article you will want to read:"

"Buying life insurance is a no-brainer when you start a family, but what if the baby is already on the way? Should you apply now or wait until the little bundle of joy arrives? The answer for the mom-to-be depends on how the pregnancy is going, but in most cases the right time to buy for both parents is as soon as possible."

"The sooner, the better," says Ronald B. Lee, founder of MassMutual's Lee, Nolan and Koroghlian LLC in New York and New Jersey and a board member of the Life and Health Insurance Foundation for Education and Adelphi University."

"Life insurance rates are based on age and health--the younger and healthier you are when applying, the less you'll pay in annual premiums. Pregnancy by itself generally does not affect insurability."

"Each insurance company is a little different, but if it's a normal pregnancy, most companies today will underwrite a woman who's pregnant the same as if she weren't pregnant," Lee says.

"Life insurance consideration for abnormal pregnancy"

"So what if it's a not-so-normal pregnancy? Then a mom-to-be might have to wait until after delivery to apply for life insurance."

Read more on here news report on which life insurance for a new born.

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With uncertain times it is a wise decision to look into other assets to secure you and your families financial future. There is even doubt as to 401k's being non-existent in 10 years or less.

Be sure to educate yourself about identifying smart assets. It is clear with the debt the United States is in will only create higher inflation. It is now time for you to take part of this unique wealth transfer that is happening much like it happened during the 1920's.

Find out more how the super affluent use life insurance as an investment.