Get to know our services
What is Life Insurance?
Life Insurance is a financial contract between a policyholder and an insurance provider, where the insurer promises a tax-free payment, known as the death benefit, to designated beneficiaries upon the insured’s passing.
Life Insurance isn’t just a policy; it’s a valuable financial asset, which in some cases, you can borrow against, withdraw, or even use as collateral. This means Life Insurance not only provides a safety net for loved ones but also functions as a flexible asset that can support your financial goals during your lifetime.
In Estate Planning, Life Insurance is also crucial as it helps create generational wealth, passing down financial security to beneficiaries. As an asset, Life Insurance offers unparalleled protection, growth potential, and long-term financial stability, making it an essential part of any robust financial strategy.
Our mission is to empower you to secure a bright and resilient future for your family, giving them the financial strength to continue living their dreams, covering essentials like mortgage, education, and daily needs. With our support, your family’s journey forward remains strong, even if the unexpected happens.
5 Types of Life Insurance We Offer
Discover the 5 key types of life insurance that offer unique benefits to protect your loved ones and build a secure future. Each type is designed to meet different needs and goals, so you can find the perfect fit for your family’s financial peace of mind.
- Term Life Insurance: Term Life Insurance provides flexible, cost-effective protection to meet diverse financial needs and adapt to life’s changing demands. Here are key reasons why someone might use Term Life Insurance: Income replacement, Debt Protection, Affordable Coverage, Family Support, Child Education Costs, Business Protection, Mortgage Protection, Temporary Financial Protection, Peace of Mind, Convertible Options.
- Permanent Life Insurance / Whole Life Insurance: Whole Life Insurance offers lifelong coverage with the added benefit of cash value growth, providing consistent, tax-deferred savings and the option to receive dividends. This policy type allows you to access cash value for loans, making it versatile for both
immediate and future financial needs. With level premiums, Whole Life Insurance ensures predictable costs while supporting estate planning, legacy building, and even offering supplemental retirement tax-free income. It’s a dependable choice for those who want to secure their family’s financial future and build a legacy. - Guaranteed Universal Life Insurance: This combines lifelong coverage with flexible premiums and a guaranteed death benefit, making it a stable option for those focused on legacy planning without the high costs of cash accumulation. It provides predictable protection, often at a lower cost than whole life, and offers flexibility to adjust premiums or coverage if needed. With Guaranteed Universal Life, you can secure your family’s financial future, plan for estate needs, and achieve peace of mind knowing you have reliable, lifelong protection.
- Indexed Universal Life Insurance (IUL): Is like a financial swiss knife, offering versatile benefits and strategies for those who want both protection and growth potential. With IUL, you get lifelong coverage and the opportunity for cash value growth linked to a market index, providing upside potential without the risk of market losses. This policy’s flexibility allows you to adjust premiums and death benefits as your needs change. It’s also a powerful tool for a Life Insurance Retirement Plan (LIRP), giving you access to tax advantaged cash value to supplement retirement income. With Indexed Universal Life Insurance, you secure a lifetime of protection while building a flexible financial resource.
- Final Expense Insurance: Final Expense Life Insurance is a much more reliable and dignified option than turning to GoFundMe for covering end-of-life expenses. With Final Expense Insurance, you’re securing dedicated funds to cover funeral costs, medical bills, and other final expenses, sparing your loved ones the uncertainty and financial stress of relying on donations. Unlike crowdfunding, which isn’t guaranteed and may fall short, Final Expense Life Insurance provides peace of mind, ensuring that funds are readily available when your family needs them most. This way, you can leave a legacy of care and security, knowing everything is taken care of.
Life Insurance is a powerful tool for creating a comprehensive and diversified financial strategy tailored to your long-term goals. Whether it’s Term Life Insurance for affordable, temporary coverage, Whole Life for lifelong protection and cash value growth, or Guaranteed Universal Life for steady, budget-friendly lifetime security, each type offers unique benefits to meet your needs. Indexed Universal Life is ideal for those seeking market-linked growth potential with downside protection, while Final Expense Insurance provides peace of mind by covering end-of life costs.
Combining different types of Life Insurance can amplify your strategy, allowing you to protect your family, accumulate wealth, and even supplement retirement income with options like the Life Insurance Retirement Plan (LIRP). Most of the insurance companies we partner with also include Living Benefits, such as Long-Term Care, at no additional cost, further enhancing your coverage by addressing potential healthcare needs in the future. With this approach, you’re building a well-rounded, secure financial foundation that adapts to your changing life and supports you every step of the way.
What is Annuities?
Aside from being an insurance contract, Annuities are an absolute game-changer! Imagine having a guaranteed paycheck for life, NO MATTER HOW LONG YOU LIVE!
Annuity is a powerful financial product that guarantees a steady income stream, making it an ideal component of a Retirement Plan. This unique feature makes Annuities the only financial product that Guarantees Lifetime Income, providing peace of mind that YOU’LL NEVER OUTLIVE YOUR MONEY.
Annuities offer a range of benefits: they protect your income from market downturns, provide tax-deferred growth, and often include living benefits like Long-Term Care at no extra cost.
Some Annuities even come with an INFLATION-PROOF RIDER, allowing your income to adjust to inflation, ensuring that your purchasing power remains strong and aligned with the actual financial climate.
With flexible options like fixed, indexed, and variable Annuities, you can tailor your investment to match your goals and desired level of market exposure. Including an Annuity in your strategy offers a lifetime of financial security, stability, and the ability to adapt to life’s changes with
confidence.
A study by Ernst & Young shows that combining Life Insurance and Annuities outperforms an investment-only strategy in the long term.
What is advanced market?
At Planwise Partners, we specialize in Advanced Markets, empowering you in Mastering your Financial Universe with tailored strategies to maximize returns, reduce tax burdens, and build a secure legacy. While these strategies are often associated with high-net-worth individuals, we
make them accessible to the affluent, middle, and upper classes as well. Our mission is to support clients at every stage of their wealthy journey, empowering them to grow their financial resources more efficiently and effectively.
For business owners, investors, and individuals, our team of Estate Planning Attorneys, Financial Advisors, Tax Planning Experts, provides comprehensive solutions that align with your unique financial goals. From business succession planning and wealth transfer to tax-efficient strategies, we help protect and grow your assets while ensuring full compliance.
Advanced Market strategies that we offer to our clients:
The Reverse Banking Method (RBM) allows you to leverage Other People’s Money (OPM) to fund your Life Insurance policy, making this strategy a powerful wealth-building tool. In this setup, you contribute only for the first two years; from the third year onward, a lending
institution funds policy contributions, using your policy as collateral. This approach allows for tax-deferred cash value growth and provides access to a steady, tax-free retirement income, funds for future expenses, or real estate investments. RBM maximizes the financial potential of your Life Insurance asset, offering a tax-advantaged, self-sustaining resource for lasting wealth.
The Infinite Banking Method (IBM) is a strategic financial approach that uses a whole Life Insurance policy as a personal banking system, giving you access to your policy’s cash value for major purchases, investments, or debt repayment. Unlike traditional loans, where interest is paid to an external lender, with IBM, any loan interest cycles back into your policy, creating a self-sustaining wealth-building process. While the cash value grows tax-deferred, you maintain access to tax-free loans from your policy, allowing you to grow your wealth independently of traditional banks. This process is ideal for those seeking financial autonomy, flexibility, and a reliable, long-term financial resource.
The Alternative Investments strategy offers clients the opportunity to build wealth through real estate, secured with Title and UCC Filings. Real estate provides a tangible asset with passive income, appreciation potential, and market diversification. With contractual fixed, double-digit
returns, these investments offer terms from 12 months to 5 years—similar a CD—with flexible payout options, including quarterly payments for increased cash flow or lump sums at the end of the term. These contractually fixed returns make this strategy a powerful tool to rapidly grow
your net worth without the liabilities of buying a property on your own.
Notary Services
Planwise Partners provides convenient and reliable notary services for individuals and businesses. For notary purposes only, we will ensure all documents are authenticated, legally binding, and compliant with state regulations.
*Online Notary Coming Soon.
Debt Management & Wealth Creation
At Planwise Partners, we are committed to helping individuals and businesses take control of their financial future. We offer a comprehensive approach to debt management, providing solutions that not only eliminate debt but also turn financial burdens into opportunities for wealth-building.
- Debt Settlement Services (Partnership-Based): As an added value to our clients, we provide Debt Settlement services through a trusted partnership with reputable Debt Solution Companies. While this is not a service we directly provide, our collaboration ensures you have access to expert guidance and resources to help negotiate with creditors, reduce outstanding balances, and create manageable repayment plans. Debt settlement can help you resolve debt for less than what’s owed, often shortening repayment terms and increasing cash flow.
- Financial GPS – Your Personalized Debt Freedom Plan: Beyond debt settlement, we also offer a structured system to eliminate debt faster while optimizing cash flow. Our Financial GPS provides a clear roadmap, calculating the exact date you will be debt-free and helping you stay on track with a strategic, step-by-step plan.
- Convert Your Debt into Wealth: Becoming debt-free is just the first step. We guide you in leveraging freed-up cash flow for
wealth-building strategies, allowing you to turn liabilities into financial security and long-term
prosperity.
Whether you need debt settlement through our trusted partners or a personalized plan to
eliminate and convert your debt into wealth, we are here to help you achieve true financial
freedom. Let’s create your path to a debt-free future today!
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