With the ups and downs of the global economy, people are exercising caution with financial investments. But when it comes to protecting your family’s future, a life insurance policy is still the best way to go. And there are hidden benefits to this investment that you may not be aware of.

Flexible Asset
Life insurance assets will go to your beneficiaries tax-free. This is the primary reason they are solid investments. What’s more, life insurance policies are usually non-reportable. This means your holdings will have no bearing on federal aid applications. So, if your children apply for a FAFSA, or Free Application for Federal Student Aid, the funds in your policy will not affect the benefits they will receive. All the while, you will be protecting their financial future.

Create Workplace Incentives
Life insurance policies are a great way to tuck money away for employers and family members alike. If you’re running a business and want to offer an incentive to your employers without an immediate dent in your wallet, consider this investment. If your employer remains with your company for ten or more years, the policy will be a good reason for him to stay. If they leave early, you don’t have to pay. 

Leave a Legacy
Family retirement is more of a challenge in today’s economic climate. More and more families are protecting their children or dependents by having them invest in their own life insurance policy. This is not for every family, but it does alleviate some of the uncertainty surrounding social security or the lack of 401K options. Younger generations have to get more creative with their assets. While you do want to consult a tax professional, life insurance is a great way to overcome today’s social security obstacles.

At Kipper’s Insurance, we have everything you need to insure yourself and your family. We can speak with you one-on-one about your options and give you a no-obligation quote. Call us today at (760)471-2200 to find out which policy is right for you.

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Kipper Insurance Agency of California, Nevada & Arizona
Carlsbad, CA 92009
Phone: 760-471-2200
Fax: 760-856-4071
License#: 0E67716

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