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    David RacichPRO
    Fountain Hills, Arizona
    Product suitability needs to be determined through a personal financial profile process that includes risk assessment, financial goals and a life expectancy report. Then you need to outline your financial liabilities, future obligations and other charitable intent at death. If those indemnification items are temporal you should investigate term life insurance. If some or all of these items are ongoing into perpetuity, then permanent life insurance should be considered. If you’re looking for tax advantaged retirement income you may want to review the fur cash value accumulating life insurance policies: participating whole life, current assumption universal life, indexed universal life and variable universal life.
      
    Answered on July 2, 2013
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