Important Levinson News and Updates – 12/08/23 – Sagicor
Sagicor
Family financial discussions are a top priority for younger clients
New research shows Gen Z and Millennials are more comfortable talking about finances with their parents and grandparents than older generations.1 They believe inter-generational conversations with financial professionals should begin earlier, during the teen years, and they’re especially interested in care plans for their parents and tax-advantaged legacy strategies for future inheritances.2
Help your clients have meaningful family financial discussions by sharing these marketing materials. The Chronic Illness White Paper provides key data on health risks associated with aging, care options and costs, and the impact of becoming a caretaker. The Basic Care Planning Checklist can help families organize important documents, information and preferences to ensure a smoother transition if care needs arise.
And if your clients want to begin building a tax-free resource to help pay for future care needs, our Sage Indexed Universal Life Insurance (Sage IUL) and WealthCare Indexed Single Premium Universal Life Insurance (WealthCare) include a built-in Accelerated Death Benefit at no additional cost.3
1, 2The Northwestern Mutual Life Insurance Company. “2023 Planning & Progress Study: Money Conversations.” November 7, 2023.
3Not all rate classes of WealthCare will be eligible for chronic illness protection. Not long-term care insurance. Chronic illness protection is not available in CA