In troubled times, the public has relied on the life insurance industry to steady the course. And with good reason.
Tenzing Perspectives: 1035 Exchanges – What You Need to Know Before Making a Change
A 1035 exchange allows you to replace an existing life insurance policy with a new one. This provision, under Section 1035 of the Internal Revenue Code, allows policyholders to transition into policies that better meet their financial goals while maintaining the tax-deferred status of their accumulated cash value.
Tenzing Perspectives: Enhancing Client Outcomes – Essential Considerations for a 1035 Exchange
A 1035 exchange is a strategic financial planning tool that allows policyholders to replace an existing life insurance policy with a new one while maintaining tax-deferred status. This provision under Section 1035 of the Internal Revenue Code offers significant opportunities for policyholders to improve their coverage, reduce costs, and enhance financial planning strategies. However, executing a 1035 exchange requires careful consideration to ensure that the transaction is in the client’s best interest and adheres to regulatory standards.
Tenzing Perspectives: Improve Your Life Insurance
Your life insurance policy may have served you well at the time it was purchased, but policies—and your needs—change over time. At Tenzing Insurance Strategies, we specialize in reviewing existing life insurance policies to determine if improvements are available. Whether your goal is to reduce costs, enhance policy features, or address specific concerns, a policy replacement may be the right path.
This whitepaper explores why replacements are possible, highlights potential improvements, and shares real-life examples of how other clients have improved their policies.
Tenzing Perspectives: Underwriting Life Insurance for Individuals with Prior Health Issues
For years, many high-net-worth clients with complex health histories faced challenges in obtaining life insurance—compromising key estate and wealth transfer strategies. But the landscape has changed.
Tenzing Perspectives: Obtaining Life Insurance with a Health History
A decade ago, obtaining life insurance with a medical condition was often difficult—sometimes impossible. But things have changed. Advances in medical science and underwriting mean that more people qualify today than ever before.
Tenzing Perspectives: The Strategic Value of Term Conversion
Term life insurance conversion offers a significant opportunity to enhance value to clients while strengthening advisory relationships. By transitioning a term life insurance policy into a permanent one, clients gain access to lifelong coverage and additional planning benefits without the need for new medical underwriting.
Tenzing Perspectives: Understanding Term Life Insurance Conversion
Life is full of changes, and your life insurance coverage should adapt to meet your evolving needs. Term life insurance conversion offers an opportunity to extend the benefits of your term life insurance policy into permanent coverage, providing stability and flexibility for the future.