We have tried to challenge and inform the readers about LIAM and the role Life Insurance plays in America today.
Here is another Challenge
Can you name two massive companies and the company founders that either started their business or saved their business using the cash value found in their Life Insurance policies.
Disney
Walt Disney helped fund Disneyland in California using cash from his personal life insurance policy
J. C. Penney
James Cash Penney saved his business in the great depression by meeting payroll with the cash value in his life insurance policy. Yes James Cash Penney was his real name
In fact it was the life insurance industry that help put the banks back on their feet during the Great Depression
Another example is the founder of The Pamper Chef helped found the company using her cash value Life Insurance
There is no doubt that many other companies owe their survival to the Cash value within a life insurance policy.
When properly structured and funded the income taken from a cash value Life insurance policy comes out 100% Income Tax free
Tuesday, September 17, 2013
Life Insurance Awareness Month (LIAM) Contest
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