Patrick T. Davis, CSA ®

Patrick T. Davis, CSA® Professional Reference

Member of Society of Cerified Senior Advisors (SCSA)®

Member of National Association of Professional Agents

Member of National Association of Insurance and Financial Advisors

Multi-Million Dollar Producer

Numerous Radio and Podcast Appearances

Managing General Agent 

National Producer Number: 7137980

(404) 729-3438

INVESTMENT GRADE LIFE INSURANCE - THE GREATEST FINANCIAL TOOL EVER CONSTRUCTED

Wouldn't you like to avoid the restrictions and penalties of government-sanctioned retirement plans such as 401(k)s and IRAs, in favor of a specialized type of plan that builds significant value with valuable tax advantages? Well you can.

We deliver on this goal for our clients by using high cash value - dividend paying - participating whole life insurance. It is the single greatest financial tool ever constructed.  Here's the scoop.  

When you buy a high cash value dividend paying participating whole life policy, you are buying both life insurance and a tax-free savings vehicle. Each year a growing part of your premium goes into the savings vehicle. The cash balance in it grows tax-free at an interest rate guaranteed by the insurer. When your policy is properly structured and correctly funded, this cash balance will grow internally, resulting in a net gain to you, the policy owner. 

It may sound odd to some people that life insurance can actually make money, but it is the actual intent of almost every permanent life insurance policy to have a positive return on investment.  

Here's how it works:

  1. You have tax deferred growth on your earnings.
  2. You have tax-free income when you need it.
  3. It is self-fulfilling, meaning that should you no longer be in the picture, it would still produce immediate and perpetual tax-free cash for your family.
  4. It is funded should you become disabled.
  5. You have consistent upside only guaranteed growth. Somewhere between 4-6 percent annual growth.  (To use a baseball analogy - No swinging for the fences. No home runs.  Just single after single after single.)  Consistency each and every year.
  6. All of your gains are 100% locked in and you will NEVER see a loss due to market downturns. 
  7. You can access your own money at any time without any interest, without any payment schedule, and repayment of your loans to be optional. And does not affect your credit score.
  8. You have access to your money whenever and for whatever you want without qualification or time delays,  
  9. Your money is transferable to your spouse, children, grandchildren, or your favorite charity without taxation on gains and without the expense of probate.
  10. Your account is creditor proof protected from frivolous lawsuits.
  11. You have no required minimum distributions, like an IRA requires.  If a withdrawal is taken, you want it to be your decision and not the government's.  You don't want them to ever tell you when, how much, or how often.
  12.  Your account is backed by the strongest financial institutions in the world.
  13. And your funds are safe from scammers and Ponzi criminals.
  14. Note: Not all Life insurance policies can accomplish this.  ONLY PROPERLY STRUCTURED DIVIDEND PAYING WHOLE LIFE INSURANCE UNDERWRITTEN THROUGH A MUTUAL LIFE INURANCE CARRIER.

CHARITABLE GIVING THROUGH LIFE INSURANCE

Donating a life insurance policy is a simple way to leverage your charitable giving. You can name a charity or non-profit organization the beneficiary of a life insurance policy just as you can name people beneficiaries. Because you can name more than one beneficiary, you can divide the death benefit among your loved ones and a charity. The percentage of the payout the charity gets is up to you.

For example, a 60-year-old woman could donate $25,000 cash to her church or favorite charity. Or she could put that same $25,000 into a single premium whole life insurance policy and name the church or charity the beneficiary. When she dies, the church or charity will receive a check for over $55,000 from the insurance company upon her passing.

Now If she cannot afford a large lump-sum payment to her charity, she can make smaller monthly or annual premium payments for a life insurance policy. By putting that money toward an insurance policy with a sizeable death benefit, her generosity is multiplied.

LIFE INSURANCE FOR MATURE ADULTS 55+

If you are 55 or older, the idea of purchasing a whole life insurance policy has probably come up. Still, you might not be sure if this type of life insurance is the right option for you and your loved ones. Even if you decide that whole life insurance makes sense for your particular circumstances, there are different coverage options and whole life policies to choose from and you might not be sure which direction to take.

The amount of insurance you need depends on the debt your loved ones will be responsible for after you pass away. Consider these factors when deciding how much coverage you need:

PLANNING TO PAY ESTATE TAXES

Your beneficiaries can use your life insurance death benefit proceeds, as well as the liquid value of a cash value life insurance policy, any way they please. This includes settling your estate taxes upon your passing.

HELPING YOU SELECT THE RIGHT WHOLE LIFE INSURANCE

We understand that when we help our customers protect themselves, and when we care about our clients and think about their needs, we can't help but grow our business. Our team is comprised of people with different kinds of finance experience and we all have a common commitment to ethics and integrity. We’re all fully licensed and credentialed. And you can count on precise expertise, unbiased recommendations, impartial guidance, and a world class customer experience.

GET STARTED NOW

Fill in your contact information below and find out what we can do for you.

Certified Senior Advisors