WHOLE LIFE PROGRAM

YOU WON’T FIND THIS PROGRAM AVAILABLE ANYWHERE ELSE

Our Program Is Unique

We created this exciting new program because we saw a need in the insurance industry that wasn’t being met by any other company.  Our program allows whole life policy owners access to their cash now, while still retaining a portion of their death benefit for their beneficiaries.  We provide policy holders with the cash they want, stop their premium payments, and reduce their tax liability!  

The policy holder’s payment amount is based on the policy details, and we strive to get your clients 90% to 95% of the policy’s cash surrender value.  Since a portion of the death benefit remains active, upon their passing the money will still go to their chosen beneficiaries.  Our program guarantees a fixed minimum death benefit payout, unlike other programs that will have the policy owner sell or surrender their life insurance, resulting in the loss of their death benefit.  This program has very minimal requirements for eligibility.

Why Your Clients Need Our Whole Life Program

Our Whole Life Program can provide your clients with access to the cash value from a whole life policy while still retaining a portion of their death benefit. Your clients will be able to make other investments and fund retirement, pay for uncovered medical bills, reduce living expenses and have extra money monthly. Surrendering a whole life policy and paying taxes on it should no longer be an option for your clients. Our program helps you get your client the cash they want now while still retaining a portion of their death benefits.
Help your clients avoid or eliminate high-interest policy loans, receive 95% of cash value now without the tax consequence of surrendering a policy, while retaining a portion of the death benefit.

Who Is Eligible?

A WHOLE LIFE POLICY HOLDER

single or joint policy


ALL HEALTH STATUSES

will not be turned down for excellent health or any health conditions

STAGE OF LIFE

will not affect your application


ANY AGE ACCEPTED

will not be denied because of your age

RESIDE IN APPROVED STATE

live in an approved state


Whole Life Program Benefits

END PREMIUM PAYMENTS AND POLICY LOAN

ELIMINATE POLICY INTEREST ON LOANS

RECEIVE AS HIGH AS 95% CASH VALUE

REDUCED TAXABLE LIABILITIES

RETAIN A PORTION OF DEATH BENEFITS

CASH IN HAND

Whole Life Program Case Study

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Anthony - Whole Life Program

Client Anthony realized after talking to his financial advisor that one of his biggest assets was his whole life insurance policy. He wanted to access the money to make other investments and enjoy his retirement more comfortably. His cash surrender value on his policy was $82,000. Anthony’s advisor contacted us, and we were able to get his client the funds within a week. His advisor was excited to be able to have an option to offer to Anthony for his whole life policy, and his client was happy with the $82,000 cash he received, not having to pay taxes on it, and knowing his beneficiaries would still receive a portion of his death benefits up to $168,000. Anthony’s advisor was thankful our company offered a Whole Life Program and his client did not have to surrender his policy.

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Thomas - Policy Surrender

Client Thomas unexpectedly lost his job reducing his household income. Thomas looked at his monthly expenses and decided that paying a high monthly life insurance premium would have to be the bill to get rid of. Thomas has a few options. 1) Surrender his policy to get the cash out which eliminates the death benefit and gives him a tax liability. 2) Get a high-interest loan on his policy from the carrier which will inevitably eat into this cash value over time. 3) Use the Harbor Life Whole Life Program which would allow him to access his cash tax free, stop paying monthly premiums while keeping some of the death benefit. Unfortunately, Thomas did not know about our whole life program. Without consulting with his broker who would have presented Thomas with an option to access cash from his whole life insurance policy, he made the decision to surrender his policy. His whole life policy’s cash value was $165,000, and his death benefit was $500,000. When Thomas surrendered his policy he eliminated his death benefits, left him with a tax liability and his designated beneficiaries will not receive any of his death benefits.

Whole Life Program Case Study - Anthony

Don’t let your client lapse or take expensive loans on their whole life policies without calling Harbor Life first. Give your client all the options available to make the right choice. we are here to help.