Cher Layne Brown Insurance Des Moines IA

Products Menu

Universal Life Insurance


Life and Health Insurance, Annuities

Auto, Boat, Motorcycle, RV Insurance

Homeowners Insurance

Commercial Insurance

Employee Benefits

Agribusiness Insurance

 


Most people want to accomplish one or more of these financial objectives:

  • Income replacement - Providing for the ongoing living expenses of family members in the event of a breadwinner's death
  • College funding - Making sure a child's dream of a college education will come true
  • Home ownership - Making sure your home is paid for and that you and your family get to live there for as long as you want
  • A comfortable retirement income - Money at retirement to do the things you've always wanted to do

What strategy can enable you to accomplish your goals:

An ideal financial strategy should:

  • Be self-completing

  • Allow you to make flexible contributions over the years
  • Grow steadily and dependably at a competitive rate of interest, comparable to or better than certificates of deposit

  • Grow tax-deferred

  • Minimize the amount of taxes you pay and maximize the dollars that stay in your pocket and the pockets of your family members.

Universal Life - Individually crafted to make your vision a reality

Universal Life, a permanent life insurance policy, can be an ideal solution to your most important concerns. It offers the following important features:

  • A tax-free death benefit, paid immediately to your beneficiary without passing through probate.

  • "Preferred" policy loans. This policy provision can make your life insurance program dramatically more valuable as a lifelong financial asset. For example, with proper planning, preferred loans can provide an interest-favored, tax-free stream of retirement income to you.
  • Liquidity. Available cash in the policy means you'll be able to obtain money to meet emergencies or anticipated needs, such as college tuition, or supplement retirement income.
  • Tax-deferred accumulation.>
  • Financial privacy. Life insurance is not a matter of public record. Your beneficiary will receive the death benefit discretely upon your death.
  • Accelerated death benefit. A way to receive a portion of your death benefit prior to your death, if you become terminally ill. (Form ACC91) (Not available in all states).

 

Tax Notes: Proceeds from an insurance policy paid because of the death of the insured are generally excludable from the beneficiary's gross income for tax purposes. (IRC Sec. 101(a)(1).) Income and growth on accumulated cash values have been held by the Tax Court to be generally taxable only upon withdrawal. (IRC Sec. 72.). Policy loans from life insurance polices (assumes non-modified endowment contract) generally are not treated as distributions or subject to income tax (IRC Sec. 7702). Consult your tax adviser or attorney on your specific situation.

State Specific Information: A two-year suicide provision is included in policies (one year in Colorado and North Dakota). If a policyholder commits suicide during the first two policy years, only a refund of premiums will be made. (Missouri requires coverage for acts of suicide, unless it can be proven that the insured intended suicide at the time the application was completed).

The foregoing is neither a contract nor an offer to contract, but is a general description of benefits available under a policy providing the benefits outlined. The exact provisions, terms and conditions of the contract are set forth in detail in any such policy as may be issued.

 
 
 
   
   

 

Representing

American National Insurance Company,
Galveston, TX
American National Property And Casualty Company,
(ANPAC®) Springfield, MO



All products, coverages, and options are not available in all states, and eligibility requirements will apply. Products and services referenced in this Web site are provided through multiple companies. Each company has financial responsibility only for its own products and services, and is not responsible for the products and services provided by the other companies.

Personal lines and commercial products and services are made available through American National Multiple Line Exclusive Agents and may be underwritten by American National Property And Casualty Company (ANPAC®), Springfield, Missouri, or one of its subsidiaries or affiliates: American National General Insurance Company; Pacific Property And Casualty Company (California residents); ANPAC Louisiana Insurance Company (Louisiana residents); American National Lloyds Insurance Company and American National County Mutual Insurance Company (Texas residents). Life insurance and fixed annuity products are issued through American National Insurance Company, Galveston, Texas.

Disability Income products and services are issued by Illinois Mutual Life Insurance Company, Peoria, Illinois.

Tax issues that may be discussed are subject to change, and this is for your information only. Discussion of such issues does not constitute tax or legal advice. Please consult your tax advisor, attorney or CPA for guidance on all tax matters.

These brief descriptions of coverages available are for illustration purposes only, and are not intended as a statement of contract. For actual terms and conditions of coverage provided, refer to your insurance policy. For more information about coverage options and availability, talk to your American National agent. American National Family of Companies reserves the right to discontinue programs at any time.

This site may have links to other sites not maintained by American National Insurance Company, its subsidiaries or affiliates. Such links do not imply endorsement or approval of these sites or the content therein by American National, its subsidiaries or affiliates.

  
   
Copyright © 2012 C L Brown and Associates