Help clients understand that permanent life insurance may be more efficient than a savings account.
The Funding Illustration calculator helps your clients compare life insurance options with alternate investment vehicles with identical cash flows. The results provide added clarity and value in long term planning.
Compares the cash value of a life insurance policy to a savings account at a bank with the ability to add term insurance costs and taxes.
For example: Your savings account would have to earn X % to equal the same cash value (if term costs and annual taxes are included).