Private Placement Life Insurance for High Net Worth Investors
November 30th, 2008 | by admin |
High net worth investors should have life insurance. One of the life insurance products out there is Private Placement Life Insurance which is a variable universal life insurance. It is offered by foreign and domestic insurance companies. It also gives policy holders some pretty sophisticated asset management choices. Most people looking to secure a private placement life insurance policy are looking for a tax-free investment. This product offers tax-free benefits at the lowest cost possible. The secondary benefit of these insurance policies is the fact that they offer a death benefit, making it somewhat of a double type of investment product.