Now More Than Ever

If you’ve been watching or reading about the global stock markets sliding yesterday and continuing today, you’re probably worried. And rightly so. No one wants to return to the financial chaos that plagued us just a few short years ago.

According to The New York Times this morning, “Investors continued to pull funds away from stocks—including in emerging markets despite their solidly growing economies—and shifted instead into the perceived safety of assets like U.S. Treasury bonds, German bunds and precious metals.”

That sentence can be summed up in just one word: safety. People are looking for a safe place to put their money where it can still grow. And in a climate like this, there is very little safety. There is an exception, however. Owners of whole life insurance have seen their cash values rise when the value of many of their other financial assets have slipped, and this will continue to be the case.

Plus, the cash values in these policies, which accumulate on a tax-deferred basis, can be used in the future for any purpose you wish. You can borrow cash value for a down payment on a home, to help pay for your children’s education or to provide income for your retirement.

In addition, the life insurance policy continues to do exactly what it was designed to—serve as the foundation of a family’s financial security. The death benefit will remain the same through the ups and downs of the economy. Now that’s something to count on.