How do you
create, grow, and protect wealth?
Uncover our creative
approach to life insurance:
Create Wealth
We design policies as creative investments with market-like returns. With 100% downside protection and tax-free distributions beyond basis.
Grow Wealth
Our guaranteed financing strategies allow you to leverage assets to grow faster and better without exposing yourself to the typical risks associated with asset leveraging.
Protect Wealth
We are experts at designing life insurance policies that will give you the death benefit amount that you need at the lowest out of pocket cost.
Read success stories>
Life insurance has advantages.
At CIS Financial, they’re all to your advantage.
Universal Life Versus Whole Life:
Whole Life policies are inflexible and much more expensive due to pricing structure. Universal Life allows paying only the true cost of insurance (COI) each year while offering the lowest cost guaranteed death benefits in the industry.
We can replace any Whole Life policy, save clients substantial money on premiums, and give them multiple other benefits (Assuming the insured is eligible for the same or similar health rating).
Policies as investments:
Indexed Universal Life Insurance Policies offer market-like returns with 100% downside protection.
Like a Roth IRA on steroids, they allow tax-free growth — with virtually NO contribution limit. Which means clients can over-fund Indexed Universal Life policies to allow for further growth that remains tax free.
Additionally, clients can access tax-free income from their policy whenever they choose and are not subject to the normal constraints of qualified retirement vehicles.
Premium financing strategies:
Clients can finance their premiums in a positive arbitrage environment because the cost of the loan is less than the compounding gain on additional premium.
A strategy of this nature increases net cash value and net death benefit, while the client never has to repay the loan from their own funds.
This allows clients to fund and overfund their policies and grow tax-free wealth with minimal out-of-pocket costs.
Avoiding ‘Phantom Gain’ tax:
With Whole Life policies, if premiums are not paid, they will be paid by the insurance company in the form of a policy loan. These loans are very expensive! If the policy lapses with an outstanding loan, the loan is forgiven and can be considered taxable gain and will be taxed as ordinary income, NOT long term capital gains.
This is commonly referred to as Phantom Gain because the gain is in the form of loan forgiveness, not as a result of having received cash in hand. Clients can face huge tax bills on money they never actually received. We help clients avoid this before it is too late.
CoreWeb