Boomers Often Need BOLIPs

The need for life insurance often involves far more than only covering a simple call for cash in the event of an individual’s untimely death. Federal and state taxes, accounting rules, and state creditor laws all have led to the use of life insurance in far more complex applications. To demonstrate the use of a BOLIP in advanced planning, consider just one use of life insurance in business planning situations — life insurance as a financial hedge.

Boomers Often Need BOLIPs
Source: Life Insurance Selling