Swiss Life Gemstone
June 27, 2022
Income TermLife Solitaire
June 29, 2022
Universal Life policies are getting interesting of late. Take a look at Swiss Life LAP Universal Life for example, which offers the insurance solution whereby upon death of the life insured, assets may be distributed probate-free to nominated beneficiaries. This is in contrast to an investment portfolio when death of the account holder leads to the legal heirs having to
- Collect the worldwide assets
- Administer lengthy probate
In cases of frozen assets will mean missed opportunities in the investment market. Do you see the potential usage of this great tool for legacy planning elegance?
Some things to note. This post will get dated. And the product might not be available for new subscriptions at some point. Hopefully this serves as reference for future policyholders who have forgotten what they have taken up.
Swiss Life LAP Universal Life may or may not fit into your financial plans. Understand that there is no best plan for all time, but there is a method to objectively facilitate your decisions. Read more about it here.
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[…] from the website (see link after this paragraph), Swiss Life Singapore has two core products. The Life Asset Portfolio (LAP) is a wealth structuring solution offering limited liquidity on death of up to USD25k (based on […]