You may have heard of a concept to give kids an allowance while showing them how to save money.
You give them a few dollars a week to spend, and another few dollars to save. You offer to match the amount they save (sorta like how a 401K works) — essentially showing them how to save and invest their money towards the future.
Well, did you know that you, as an agent for National Agents Alliance have an even better plan to help them save money for their kids’ futures?
Your clients may currently have a policy in place to protect their loved ones from losing their house should something happen to the breadwinner. Did you know you could convert this policy to accumulate a cash value for your client’s kids’ futures? This “cash allowance” would not only protect your client’s assets, but at the same time will build up a cash value for your client’s kids’ college fund (or simply a nest egg for their future).