Is Your Financial Plan on Track?

Missed Opportunities Can be Costly

Wealth can’t be accumulated over night, caution most advisors. And the longer you wait, the more it will cost you in missed opportunities. Mutual Trust has created a personalized product concept (Form No. 353) that shows the cost of waiting just five years to purchase a Covenant II, whole life insurance policy.

Mutual Trust’s "The Cost of Waiting" concept illustrates that if a 40-year-old man purchases a Covenant II policy with a $10,000 annual premium, when he is 85 he will have $148,717 more cash value in his policy than if he waits to purchase the same policy when he is 45. In addition, if he purchases the policy at age 40, when he is 85 he will have a $180,472 larger tax-free death benefit for his beneficiaries than if he waits to purchase the policy at age 45.*

For more information on the cost of waiting, or to obtain a copy of this concept, contact your MTL insurance advisor today. If you don’t have an MTL insurance advisor, please contact Mutual Trust at 800-323-7320, ext. 5060.

*The values in this concept are from version 4.75 of MTL’s Century II illustration software and are for illustration only. They are not a guarantee of future performance. They are based on MTL’s Maximum Accumulation process on a male, non-tobacco, ages 40-45. Guaranteed values are based on a 4% interest rate offset by expenses and mortality charges. All policy and death values depicted are subject to all provisions within the policy and are not guaranteed amounts to be paid in the future.

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