Your bills are paid on time, you have some money put away in a savings account, and you even have managed to invest some additional income into some low-risk assets. The rest you either add to your savings or have at your disposal for extra-curricular.
This scenario presents a relatively healthy financial account and lifestyle, right? Wrong, so what is missing? There are four items that all of your financial accounts should be measured against to ensure fiscal health.
- Stability / Security
Having a healthy flow and reserve of cash is the best way to ensure that your financial life is fit. And a Whole Life Insurance policy is the top way to gain and maintain stability, growth, and control.
Here is how:
Ways Whole Life Insurance Helps You to be ‘Healthy’ Financially
A Whole Life policy provides solutions to each categories of a healthy financial account and lifestyle.
Control over your money and personal economy, and access to your money – as a Whole Life policy holder, you decide how the cash value of your policy is used and when. You control how your policy is maintained and managed. Because you chose what items in your life need financing, with your Whole Life policy there is no loan screening from a bank.
Growth of your cash flow and assets – a Whole life policy allows you to grow your personal economy through the cash value it provides. This cash value is available to you whenever you need and for whatever you need. It’s like having a very good reserve of savings that you are able to use and still maintain a healthy level of savings.
Stability / Security – a Whole life policy provides stability to your financial life. Unlike a bank or typical asset investments, Whole Life insurance is not subject to the stock market. Nor is it beholden to the FDIC and only insurable by a fixed amount. It provides the stability of cash flow when needed, and security that you will still be financially sound through retirement.
Regardless of whether you currently feel your financial life is already in the best shape of its life, or is chronically diseased with debt; a Whole Life Insurance policy is the remedy to keeping your financial life healthy.