Page 31 - Equity Movement Magazine-Issue2

INSURANCE RESOURCE (CONT’D)
you haven’t had the chance to experience yet? What if
you’ve researched a cure in another country that you
would like to consider? Would you have the funds to
pay for the cure, since your health insurance won’t cover
such an expense? Many have taken cash out of their
home’s equity to provide the financial means to live out
their last days. Others have cashed in their entire
retirement savings due to the death sentence received.
Some have actually BEAT the terminal illness and are
living year after year in financial ruins because they
thought they only had months of life left!! Imagine
that!
What if…you’re driving home from work one day and a
truck runs a red light, crashing and totaling your car,
causing you to be injured & hospitalized? What if your
expected recovery time is 6 months before you can
return to work? How would you keep up with your
financial obligations? Would your savings be depleted?
Could you still comfortably maintain your household
expenses with the state’s short-term disability income?
Would you have saved up enough funds to pay a nurse
to rehabilitate you? Will you have peace of mind to
concentrate on getting your body back to good health?
What if…you escape all injuries, disabilities and diseases,
blessed to live a LONG, healthy life during your
retirement, into your 90’s?? If you retire at 65 and live
until 95, will you have created enough wealth to
support 30 years of retirement living? A study
conducted by the Schwartz Center for Economic Policy
Analysis at the New School finds that approximately
30 | www.equitymovement247.com
“40% of Americans who are considered
middle class (based on their income
levels) will fall into poverty or near
poverty by the time they reach age 65”.
3
How will you supplement your income?
Will you be forced to continue working
until you can’t anymore?
Solution: What if Life Insurance can
assist you with all of these “What-Ifs” in
life? There are plans that exist today that
provide the following TAX-FREE benefits:
1. A Tax-Free death benefit payout to
your beneficiaries for when you pass
away one day.
2. Cash savings that can be utilized on a tax-free basis
for travel, supplemental retirement and emergencies.
3. The option to accelerate a portion of your death
benefit to use for whatever you desire, in case of an
unexpected terminal illness.
4. Tax-free acceleration of cash for your Long-Term care
needs, if you find yourself stricken with a long-term
disability (90+ days) needed nursing assistance to get
you back on your feet.
The Insurance Industry has spent the last several years
revamping the traditional types of “death” insurance,
now providing benefits for your needs while you’re still
LIVING! If you haven’t taken a look at the new face of
life insurance, now might be the time to consider a
solution for you. Don’t let the cost of waiting get to your
pocket book or for your health to take a turn for the
worse. The time is now to get informed! ~Dierra M.
Bean, Financial Educator @the_future_dierrabean
1. https://www.bestliferates.org/blog/2018-life-
insurance-statistics-and-facts/
2. https://www.bestlifequote.com/blog/cheap-term-life-
insurance/
3. https://www.cnbc.com/2018/10/12/40percent-of-
american-middle-class-face-poverty-in-retirement-study-
says.html