best life insurance for high net worth individuals
High net worth individuals use life insurance for estate planning, estate tax funding, and wealth transfer. Permanent life insurance provides tax-free death benefits and tax-deferred cash value growth...
best life insurance for high net worth individuals
High net worth individuals use life insurance for estate planning, estate tax funding, and wealth transfer. Permanent life insurance provides tax-free death benefits and tax-deferred cash value growth. An Irrevocable Life Insurance Trust (ILIT) removes the death benefit from your taxable estate.
What You Need to Know
- Permanent life insurance: tax-free death benefit and tax-deferred cash value growth
- ILIT: removes death benefit from taxable estate
- Estate tax funding: life insurance pays estate taxes without liquidating assets
- Wealth transfer: tax-free death benefit to heirs
- An independent agent and estate planning attorney can help you structure the right plan
Why Patriot Plans for High Net Worth Individuals?
Patriot Plans is 100% independent — we work for you, not the insurance companies. We've helped 400,000+ families find the right coverage, including thousands of high net worth individuals. Our licensed agents understand the unique needs of your situation and can identify the carrier and plan that's right for you.
Ready to Find the Best Coverage for Your Situation?
Patriot Plans is 100% independent. We compare plans from vetted carriers and find the one that's right for high net worth individuals.