Money Back Term Life Insurance - A Better Alternative to Term Life Policy

Let’s Learn what is return of premium or money back term life insurance – if don’t die during your term period; you will receive all your premium back at the end of policy term income tax free.

In a most cases term life is a good idea because it gives biggest possible amount of death benefit for the smallest possible premium. For those who can’t afford to do proper risk management with whole life insurance, term life is a big blessing for them and their family. Term life also allows you to acquire right amount of life insurance with very less initially premium compare to permanent.

The biggest problem with term life insurance though – is death benefit. According to the Penn State University study conducted in 1993:

More than 90% term life policies are converted or terminated
45% within the first year
72% within the third year
Less than 1 out 10 policies survives the term period they are written for
After 15 or 20 years of exposure less than 1% of all term policies are still in force or active
Only 1% of all term policies are resulted in the death claims

So, it means in term insurance you are most like to pay more than you will receive even though premium is very less. The best day to own term insurance is the day you bought. You can get the great return on your term premium if die in first few years of your policy or even you die during your term life period. According to this study, there are 99% chances you will NOT die and therefore will NOT claim the death benefit.

The new return of premium life insurance solves this problem. I am sure we’ll not throw your money in slot machines for 20 or 30 years if the chances of winning are less than 1% (unless you are addicted to slot machine gambling!). So, why throw premium away on the term life where chances of claiming the death benefit are 1%? Let’s STOP WASTING MONEY and stat making money. This new money back term life insurance allows you to not to gamble with family’s future.

This is how this new return of premium plan works – you pay premium for the selected 20 or 30 years of term insurance period. If you die (remember there is only 1% chance!) during this period then your family or beneficiary will get the death benefit. If you don’t die (99% chances) then you will get all your premium back Tax- Free.

We have helped thousands of successful individuals to create smart life insurance and risk management strategy. If this something you want for yourself then please call (877) 972-3262 or complete contact us form now.

Dr. Shamji, California

"Neil has been an extremely professional who has been an outstanding financial advisor. He has looked to serve my needs to the best of his abilities; he is sincere to his words and has been a creative force in providing an amazing service. His greatest qualities that set him apart, is that he comes with the highest of integrity, extremely sincere and honest. I would recommend him with absolutely no reservation to my family and friends."

Dr. Ames, Washington

"When my friend first referred BeamaLife, I was not very sure that you will be able to help but I must say that you have done superb job of almost doubling my life insurance amount without any additional premium and help me take much higher income tax deduction. I admire your expertise in wealth creation and tax planning areas."

Dr. Martin, New Jersey

"BeamaLife was referred to me by my CPA for my pension plan funding. I was also wanted to take care of my estate tax need. Neil and his team have done a superb job of creatively funding my pension plan, acquiring most cost-effective life insurance for our estate planning need at per-tax dollar and helping us to get all our estate planning documents prepared."

Dr. Wasserman, New York

"I want to say thank you for your help in setting up pension plan and help us take substantial more income tax deduction. We appreciate your pension plan funding ideas as well – thanks again."

Dr. Patel, New Jersey

"We are impressed by your financial and estate planning expertise. Thanks for making our assets more secure and our life easy. Thanks for continued superb service and good luck."

Dr. Fisher, Tennessee

"Thank you for your help in reducing our defined benefit plan administration costs and increasing our funding level. We’ll be glad to introduce your firm to fellow physicians."

Dr. Noticewala, Pennsylvania

"When I was looking for a financial planning and risk management strategies I met with several advisors, but when I spoke with a Specialist at BeamaLife, she explained to me so much more than just life insurance. She explained to me the estate planning aspect of it and how that can be used as retirement planning and college education savings. Thank you BeamaLife, it was a pleasure doing business with you."

Dr. Chen, New Jersey

“My CPA referred me to BeamaLife for additional tax deduction strategy. They not only helped me reduce my income tax substantially but also helped me to secure my retirement income. They are very innovative and creative. Smart folks.”

Dr. Sharma, New Jersey

“BeamaLife has done a superb job in designing our asset allocation plan for defined benefit plan and personal investments portfolio. We were amazed to see the way BeamaLife worked with our CPA for an additional tax deduction even though we have one of the best tax accountant money can hire."

Mr. Bakare – A Very Successful Pharmacy Owner, New York

“I am very grateful to BeamaLife for the sound advice they have provided over the years. Higher tax deductions as well as the right asset allocation for our investments were just two examples of how I have benefitted from dealing with BeamaLife. They also put an effective estate planning strategy in place. Thank you for your help!”

Mr. Goldberg – Noteworthy Business Owner, New Jersey

“We have been dealing with BeamaLife for more than ten years now. They have been great advisors to us in terms of advanced risk management. They also helped to put in place pension plan strategies for our partners. BeamaLife has always been extremely professional and very attentive to our needs. Our sincere thanks!”

Mr. Peters – Software Company Owner, California

“I have the utmost trust and respect for BeamaLife’s expert staff. Regardless of the topic or question, BeamaLife has unique individuals with the right background to address my concerns. As a result, I have a much clearer understanding of how certain wealth creation strategies were the right fit for my company. I also have been able to take much higher income tax deductions for the corporation by implementing a plan set forth by BeamaLife. They have maintained an unmatched level of professionalism during my interactions with them over the years.”

Mr. Sakaria – Multiple Pharmacy Owner, New York

“BeamaLife has been a great advisor to us for many, many years. They not only helped us take higher income tax deductions but, also helped us organize our investment portfolio in an efficient manner. Through this relationship, we were able to create substantial wealth with the very low out-of-pocket expense.”

Mr. Bassanell – Multiple Pharmacy Owner, New York

“BeamaLife helped us immeasurably by focusing on the need to improve income tax deductions and educating us about estate planning. They guided us through completing all the documentation in a way that was easy to understand. I was comforted in knowing that they were just a phone call away and always available. We have consistently recommended them to friends and colleagues.”

Mr. Merchant – Software Company Owner, New York

“BeamaLife has been very instrumental in implementing the advanced level of executive bonus plans for our highly paid executives. In so doing, we have been able to retain the talent that makes this company thrive. Furthermore, they have helped us put in the right qualified and non-qualified pension plans for our senior executives. I would highly recommend BeamaLife for the complex financial strategies that businesses should implement.”