Life Insurance Planning

Life insurance is a very important tool, but it is one that is frequently misused. Think of this analogy… If life insurance is a crowbar, but we need to drive a nail into a board, then we are using the wrong tool. However, that crowbar can still be very useful in other ways; and like a crowbar, life insurance offers leverage.

Without proper planning, lack of liquidity is common at the death of a business owner. Life insurance creates immediate capital: (a) capital to buy out your partner’s interest in your company in the event of their death; (b) capital to fund your family’s everyday expenses when you are gone; and (c) capital to pay estate taxes.

Here is something to think about: When was the last time you reviewed your life insurance with someone other than the person who sold it to you?


Let’s review your life insurance policy together.




Securities offered through Cambridge Investment Research, Inc., a Broker/Dealer, Member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Adviser. Cambridge and KL Wealth Advisors are not affiliated. This communication is strictly intended for individuals residing in the states of CA, FL, IL, NC, NJ, NM, PA, SC, and VA. The information being provided is strictly as a courtesy. When you link to any of these websites provided herein, KL Wealth Advisors makes no representation as to the completeness or accuracy of information provided at these sites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs made available through this site.

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