Get the Expert Advice on Retirement & College Savings Plans. Compare Life Insurance Quotes from Top 100 Insurance Companies!
BeamaLife Insurance helps physicians, dentists, successful business owners, corporate executives and other high-net-worth individuals create additional wealth through intelligent life insurance planning, and reduce taxes with IRS-approved, tax-reduction strategies. BeamaLife Insurance offers a unique fusion of expert advice and state-of the-art technology to provide clients with the product knowledge they need to purchase the appropriate type and amount of insurance. BeamaLife has developed proprietary technology and processes that enable us to compare life insurance products from more than 100 carriers. What differentiates BeamaLife from the competition is the ability to offer customized solutions without sales pressure, forming a partnership with the consumer and encouraging participation in the process rather than just being the recipient of someone else's choices.
BeamaLife Insurance is a retail division of BeamaLife Corporation, based in Piscataway, New Jersey, is the nation’s fastest growing corporate treasury strategy firm. We specialize in fixed income assets that provide an alternative investment for corporate cash and defined benefits plans. BeamaLife is not an insurance company but offers the full range of insurance products from all of the major insurance companies including Whole Life, Universal Life, Return of Premium Term Life & Simple Term Life, College Savings Plans, Retirement Savings Plans, Long Term Care Insurance, Disability Income Insurance and Annuities. We are a nationwide company and licensed in all 50 States and the District of Columbia.
Let’s understand the most misunderstood PERMANENT LIFE INSURANCE
One of the most valuable functions of life insurance is to create “CASH” for you and your loved ones when you need it most. This “cash” or “death benefit” guarantees that your surviving spouse can raise your family while maintaining their established standard of living, be able to pay off your mortgage and send your children to the best universities in the event the worst does happen. But life insurance is much more than just a death benefit.
The fact is, when you buy whole life insurance, a one of a kind of permanent insurance, you are buying a money-making machine that creates tax-efficient dollars for you while you’re alive. Whole life plan provides very attractive, long term returns on your premium dollars without stock market risk.
The tax advantages and superb fixed returns have attracted institutions such as banks, large corporations and charitable endowment funds to buy lots and lots of permanent life insurance. Wealthy people have used these highly discounted life insurance dollars very strategically throughout the past century, and they continue to use them for solid wealth creation and tax reduction purposes.
Permanent life insurance is much more than average human being can imagine! 75% of the Fortune 1000 companies have Corporare Owned Life Insurance (COLI) and most banks have Bank Owned Life Insurance (BOLI). For example, Bank of America has $19 billion, Wells Fargo has $18 billion, JP Morgan Chase has $10 billion, PNC Bank has $7 billion, U.S. Bankcorp and Citibank have $5 billion, Banks of New York Mellon and BB&T have have $4 billion, BMO and Regions bank have $3 billion in permanent life insurance cash value. State Street, Capital one, TD and Fifth Third bank have $2 billion in permanent lif einsurance cash value.
For advice and quotes please click here or call (877) 972-3262 to speak with our highly knowledgeable adviser now.