Investment Growth Strategies
Life insurance can be leveraged for investment purposes through various strategies and policies. With the cash value accumulation, permanent life insurance policies (such as whole life or universal life), grow over time. This cash value can be invested in various options, such as stocks, bonds, or mutual funds, allowing the policyholder to potentially earn returns on their investment. Life insurance policies also offer tax advantages that make them attractive for investment purposes. The cash value that accrues within your policy is tax-deferred, meaning it will grow without being annually taxed, while the death benefit received by beneficiaries is also tax-free.