Life insurance

Life insurance hi miphun picang pawl cun an nei ṭheh ti sehla a sual lo ding. Ziangruangah tile, an thih hnuah leidan ih an tantami pawl hrangah sumpai an rohta duh ruangah a si bik.

Awle…. Tu ka run lo ruah duhmi pakhat cu, life insurance a simi thihhnu ih ngah theih tho si, nun lai rori khalih ngah theih lole a hlawknak tel theih thotho thuhla a si ding. Cucu Indexed Universal life tin an ko.

Indexed Universal Life hi a tawizawngin vun tarlang sehla…

1. Kum 120 a daih. Na thih hlan tiang cu a daih verver tinak.
2. Na leimi insurance man na pekmi khan pungṭhang thuahhnih a nei ding (compound interest).
3. Cash value: life insurance thawn sumphumnak na tuah vekin na ṭul canah sum na suah lole na cawi thei.
4. Ṭhimnakah: kum 35 upa.
   1. $150,000 thihhnu co ding na rak lei.
   1. $88.50 thlatin na pe.
   1. Kum 20 a kim cun, cash value $25,814 ah a rak pung.
   1. Na parah ṭhimpangcang lawn thil duhum lo rak thleng hman sehla, na sungkaw-pawl cun $ 150,000 + $25,814 minus loan (loan, sumcawi, rak hman na neihmi zuk hnuah) an co ding. Na nunlai ah hmanmi lole cawimi na nei lo a si cun, $175814 an co ṭheh ding tinak.
5. Sum na/an suah canah ngunkhuai (tax) an zuk lo ding.
6. Na sum a him ding. Ka ngah sal lo ding tivek phan ding a um lo lawlaw. Bank ih na ret vek rori kha si ding.
7. 4 in 1 tin tla kawh a theih ziangah tile, Retirement income + Disability Income + Life Insurance + Accelerated Living benefits an tel thluh ruangah a si.
8. Kut-ke kimlo, damloih hnaṭuan thei nawn lo, khawnawk ruangih hnaṭuan thei nawn lo pawl cun sibawiih hminkhen thawn a hlawknak an tel cih thei. Cucu si thih kherkher a ṭul lo kan tinak.
9. Miṭhen cun an hnaṭuannak ah 401k an ret duh nawn lo. Ziangruang tile a tangah tahṭhimnak kan zoh hnik pei.

Indexed Universal life                                                   401k

100 thlatin na ret                                                             100 thlatin na ret

30 a pung                                                                            30 a pung

Na suah tikah tax zuk lo.                                                Na suah tikah tax zuk.

Nunak a-mah-khan                                                         Nunak hrang a-mah-khan a um lo.

• Bank ah sum khawl hnakin cun a letin a pung sawn hleiah Nunak a-mahkhan a tel fawn.

A dang insurance policy a simi Term Life, Whole Life ti pawl khal kan zuar thotho. USA ramsung state tinah kan zuar thei fawn.

A leitu lole a zuartu si na duh ve cun, a tangih contact theinak pawlah run peh tlai vurvo mai aw.

Gmail: getmeonlinestore@gmail.com

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Mirang in siar bet duh hrangah a tangih a tawizawngih lakkhawmmi siar bet vivo aw.

News life Insurance

1. You don’t have to die to use.
2. Living benefits
3. Tax free cash value access

Annuities

1. Safety of principles
2. 8-15% bonus
3. Up to 10% access annually
4. Lifetime income with living benefits.

Freedom Equity Group builders as follow:

5 Types of Life Insurance

1. Term life
2. Whole life
3. Universal life
4. Variable Universal Life (don’t offer)
5. Index Universal life

1. Term life
2. It is like renting: 1, 2, 5, 10, 15, 20, 30, 35 years policy, but you will never own the product (example: house).
3. It is cheap.
4. High death benefit.
5. It has no cash value.
6. For example (35-year-old)
   1. $500,000 death benefit (30 year term contract)
   1. Premium of $39.74/month ($477 annually)
   1. In 30 years; total premium is $14, 306 (gone/ thrown away)
      1. To renew, now 65 years old
         1. Older (cost of insurance goes up)
         1. How is your health? (health issue that might prevent you from getting life insurance)

• Whole life
• It covers up to 100 years
• There is cash value.
• Many different products/have to take a look at policy individually
• For example (35-year-old)
  • $150,000 death benefit
  • Premium of $150.60/month
  • In 20 years, total cash value is $25,215
    • If anything happens to you, family gets $150,000 if cash value never used/ no loans
    • If you take a loan out $25,215
      • Beneficiaries will get $150,000 minus $25,215 + interest = $120,000.
• Any cash value belongs to the company, never to the clients.

 5. Indexed universal life

• Cash Value
  • Savings
  • Compound interest / rule 72
  • Tax free
  • Safe/no risk
• It covers up to 120 years.
• The product that gives you compound interests
• Cash value
  • (guaranteed 0.25%, S&P 500, gold commodity, Dow Jones Real Estate)
• Example (35-year-old)
  • $150,000 death benefit
  • Premium of $88.50/ month
  • In 20 years, total cash value is $25,814
    • If anything happens to you, family will get the benefits.
    • $150,000 + $25,814 minus any loans.
• Accelerated benefits riders
  • Terminal illness
  • Critical illness

Internal revenue codes

There are three codes that make IUL tax free such as 1. 101a income tax-free death benefit, 2. 72e tax-free grow, and 3. 7702 tax-free access.

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