Marketing Applications

The FutureSystem Life Model has many marketing applications and uses in wealth management, financial, and estate planning as a tax advantaged, protected, accumulation and liquidity tool that works like an annuity but has the tax benefits of life insurance. The FutureSystem™ Life Model was originally designed to function within the FutureSystem™ Planning Strategies. The advisor uses the FutureSystem™ Planning Strategies to create the payment and benefit structure of a FutureSystem™ Life Policy, not available through existing product models. The FutureSystem™ Life Model can be a valuable tool in helping high net worth clients to achieve lifestyle “Balance”. The FutureSystem Planning Process provides a unique structure to position the FSLM. It has application to any client. There are also many singular applications for the FSLM.

The FutureSystem Life Model has many marketing applications and uses in wealth management, financial, and estate planning as a tax advantaged, protected, accumulation and liquidity tool that works like an annuity but has the tax benefits of life insurance.

The FutureSystem™ Life Model was originally designed to function within the FutureSystem™ Planning Strategies. The advisor uses the FutureSystem™ Planning Strategies to create the payment and benefit structure of a FutureSystem™ Life Policy, not available through existing product models. The FutureSystem™ Life Model can be a valuable tool in helping high net worth clients to achieve lifestyle “Balance”.

The FutureSystem Planning Process provides a unique structure to position the FSLM. It has application to any client. There are also many singular applications for the FSLM.

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  • Deferred Annuity Replacement
  • Life Insurance Replacement
    FSLM products make a wonderful tool to rescue the cash value of other life insurance policies for various reasons:
    • when there is no longer a need for a large amount of at risk death benefit
    • the estate tax law changing to increase the credit amount
    • an individual developing a large enough estate to fulfill his goals for his family for income or inheritance from his assets without purchasing at risk death benefit, in essence, self insuring the liquidity risk.
    • when premium payment funds are no longer available or there is just a desire to stop paying.
    • when a better accumulation chassis than whole life is desired. The FSLM chassis provides greater policy management flexibility, variable investment return options, flexible and optional premiums and more transparency with less at risk death benefit and resulting charges. Note the general account of the insurance company is an investment option in the FSLM product, which in effect results in a fixed product with the chassis of the FSLM. Movement between general account and variable accounts is permissible within policy limitations per carrier.

Note regarding surrender charges in the existing annuity or life policy: Waiting until the surrender charge period is over may not be necessary. Replacement must be evaluated on a case by case basis. It may very well be to their advantage to switch even with surrender charges. Measure the charges of the current policy on premiums, COIs, cash value, and other policy charges against the surrender charge. Also consider the difference in potential returns between now and the end of the surrender period. The difference in surrender charges may be made up by switching from a fixed return in the current policy to a variable return in the FSLM policy. Of course, short term market conditions must be considered here but it is assumed the owner’s tolerance for variable return risk is present or switching from fixed to variable return should not be recommended anyway.

  • Accumulation of Surplus Capital
    • tax deferred growth,
    • tax free transfer at death
    • protection from creditors.
  • Asset protection
    • asset protection to protect lifestyle without restricting it.
  • Philanthropy
    • planned giving to help the clients determine if to give, what to give, how much to give and when to give and help both the client and the non-profit.