Ooops...your clients Life Insurance is TAXABLE
Are you working in the business market? Are you looking to tap into the business market?
Many employers own life insurance on key persons, and for funding buy-sell arrangements, etc. But what if the worst thing that could happen to your business (losing one of these individuals) created a tax problem? What if, you, as your clients financial professional you could have helped avoid this problem?
The problem is, when this legislation past, many advisors weren't made aware of these rules. Many carriers also weren't aware of the correct Notice and Consent Requirements. (PS...it is not the carriers responsibility)
So while it seems that we can't pinpoint whose responsibility it is to make sure things are correct, help your clients that may be in a bad situation. Even though the legislation passed in 2006, there are many policies that are in violation!! This is where your opportunity steps in.
If you have relationships with Tax Professionals and CPA's, ask us about our Marketing Kit to get your partners to ask their clients about Life Insurance!!
For more information, please view the following from Prudential:
Policy Review Opportunity with EOLI
Brookfield Insurance Partners is a boutique insurance brokerage firm dedicated to working with consumers and advisors to assist in solving their insurance needs.
Whether you are a consumer, or professional advisor, we have developed many programs to help solve the needs that you face.
Many professional advisors enjoy working with Brookfield Insurance Partners because we complement the work they do, we don't compete with the work they do.
We serve as a brokerage general agent for other insurance and financial service professionals, and assist them with their life, health, disability, and long term care insurance needs.
Come trust Brookfield Insurance Partners with your next insurance policy.
Are your documents safe?
For a 10% Discount!
Enter Service Code: LYDBP727
Plans start at $29 / year
If you are a Financial Professional / Attorney / CPA and would like to offer your clients a discount on secure document storage, please contact us on becoming an authorized reseller:
info@brookfieldpartners.com