Empire Life EstateMax – A Permanent Life Insurance with Long-term Cash Values
Sometimes what you really need is both permanent life insurance protection and long-term cash values. If you have a business, you may need permanent life insurance protection for your business but could also require accessing the cash values in your early years. The Empire Life’s EstateMax is the right coverage for you. It is also the best coverage for retirees who need estate preservation or want to leave a legacy for their families or even a charity organization.
EstateMax is best for you if you need to plan for an estate and at the same time build long-term cash values. You can earn annual dividends on the policy. The dividend can be paid to you or you can use them to buy additional life insurance coverage, pay policy premiums or even save them. However, dividends are not guaranteed and they may be subject to taxation.
Features and Perks of Empire Life EstateMax Permanent Life Insurance Plan
EstateMax offers five dividend options to choose from and it comes with guaranteed cash values. It has three guaranteed premium payment options, namely, 8-Pay, Life Pay (to age 100), and 20-Pay. You can easily add riders such as critical illness insurance plans or life insurance. This allows you to save on policy admin fees.