Life insurance not only provides financial protection for your loved ones when you die, but may also be an important component of a well diversified portfolio. In addition to the insurance protection, certain types of life insurance provide a savings feature that can be borrowed(1) against in an emergency or to help supplement retirement income or other expenses.
The experts at ECM Solutions can assist you with creating a life insurance strategy that fits your unique personal or business needs.
(1) Access to cash values through borrowing or partial surrenders will reduce the policy’s cash value and death benefit, increase the chance the policy will lapse, and may result in a tax liability if the policy terminates before the death of the insured.
