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 alternative 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).