Insurance for Estate Planning

Protection You Can Count On

You've worked hard to build up a substantial nest egg to pass on to future generations. Now, you can ensure that your assets will remain intact after estate taxes and other costs are paid - permitting your estate's distribution exactly as you had planned.

Protecting your greatest asset...Peace of Mind.

Federal estate taxes are generally due within nine months of death and could absorb nearly half of your assets before a single dollar goes to your heirs.¹ Insurance for estate planning, a form of universal life insurance, from American General Life Insurance Company, lets you plan ahead to help provide funds for taxes and settlement costs. This policy, also known as Second to Die, covers both you and your spouse and the benefits are paid on the second death - when your estate passes to your heirs and estate taxes are generally due.

Questions about insurance for estate planning? Call 800.939.3224 to speak with an agent.

Flexibility for Today and Tomorrow

Insurance for estate planning offers these, and other, benefits:

* No-Lapse Guarantee - the policy is guaranteed to remain in force regardless of its cash value, as long as the cumulative monthly guarantee premium requirement is met. If the younger insured is under 50 years old at the time of issue, guaranteed coverage will last 50 years; if he or she is 50 or older, the guarantee will last to age 100.

* Premium Payment Options - You can select a payment plan that fits your financial needs and goals. Pay the guarantee premium for lifetime security, pay less than the guarantee and catch up later, or contribute additional funds to accelerate the growth of your cash values.

* Flexible Death Benefit - Increase or decrease your death benefit to fit your changing needs.²

* Zero-Interest Catch Up - You don't necessarily need to pay the monthly guarantee premium from day one. You can start with a lower premium and catch up the unpaid difference at any time - without interest - as long as the policy is in force.

Contact a licensed life insurance professional today about insurance for estate planning!

¹Consult with your tax professional to determine the effect of federal estate taxes on your individual situation.

²Increases and decreases are subject to the policy's terms and conditions.

Guarantees are subject to the claims-paying ability of American General Life Insurance Company. Elite Global SurvivorSM, Policy Form #02109, issued by American General Life Insurance Company 2727-A Allen Parkway, Houston, Texas 77019. Policy Form Number 02109. The underwriting risks, financial and contractual obligations and support functions associated with products issued by American General Life Insurance Company (AGL) are its responsibility. AGL does not solicit business in the state of New York. Policies and riders not available in all states.

Permanent Life Insurance

There are four types of permanent life insurance for which you can receive a life insurance quote:

Whole Life insurance (sometimes called Ordinary Life) is the most common type of permanent insurance policy. It remains in force during your entire lifetime, and offers a death benefit along with a savings vehicle (called the cash value). Some companies pay a dividend, which is a return of excess premiums.

Universal (or Adjustable) Life insurance offers more flexibility than whole life insurance. As with Whole Life policies, Universal Life insurance provides a savings vehicle (cash value account) which generally earns a guaranteed rate of interest. The cash value belongs to you, the policy owner, and you may withdraw or borrow against it as provided for in the policy.

These policies also give you the option to adjust the death benefit and/or premium payments, within limits, to fit your situation. For example, if there is enough money in your cash value account to cover the costs, you have the option of reducing your premium payments. This can be a useful feature if your economic situation has suddenly changed. However, if you stop or reduce your premiums and the saving accumulation gets used up, the policy might lapse and your life insurance coverage could end.

Variable Life is a kind of policy that, in addition to a death benefit, offers several professionally managed investment options. You can use the cash accumulated in your savings account to invest in stocks, bonds and money market mutual funds. The value of your policy may grow more quickly, but you also have more risk. If your investments do not perform well, your cash value and death benefit could decrease, or you could be required to pay higher premiums to keep the policy in effect. Some policies, however, guarantee that your death benefit will not fall below a minimum level. As with whole life insurance and universal life insurance policies, you also may borrow against or withdraw the cash value at any time. However, it is important to remember that loans and withdrawals could reduce cash values and the death benefit.

Variable-universal Life policies combine the features of variable and universal life policies. You have the investment risks and rewards characteristic of variable life insurance, coupled with the ability to adjust your premiums and death benefit that is characteristic of universal life insurance.

• This article adapted from information provided by the Insurance Information Institute

Universal Life Insurance

In addition to term life insurance protection, Matrix Direct also offers universal life insurance plans designed to cover you for as long as you live. A universal life insurance policy works similarly to whole life insurance which is designed to cover a person's entire life.
Unlike whole life insurance, universal life makes it possible to adjust the benefit amount up or down without needing to get a new policy.
Universal life insurance may be the right choice if you need long-term financial protection. As long as premiums are paid as requested by the policy, your beneficiaries will receive the death benefit.
Contact us for more Universal Life Insurance information now!
If you are interested in a life insurance product that offers flexibility, affordability and lifelong protection, then a universal life insurance policy may be just what you are looking for.
Contact us at 800-501-5467 to see if this type of coverage is right for you.
The universal life insurance plans we offer have been designed to help meet the life insurance needs and financial goals of many clients. Consider universal life insurance if your focus is on death benefit protection for:

• Estate Planning
• Retirement
• Asset preservation

To make sure you get the coverage you want and need - to protect your family, your home and your future - you need to be able to make choices. A universal life insurance policy allows you to choose and keep the coverage you want, for as long as you want and need it.*
Full protection, flexible premiums, and a lifetime guarantee. What could be better?
Call 800-501-5467 or request your free universal life insurance quote now!
*coverage dependent upon receipt of sufficient premium payments