Life Insurance Family Banking
An Irvine, California company recommends a solution for
the National Deficit’s impact on your Children and
Grandchildren……
Irvine, Calif. – USA Life Insurance, a professional Insurance firm is staging a War against
the National Debt for the Children that will Inherit this unprecedented Debt Load.
The debt could change the way we know the American Dream for our Children and grandchildren.
Experts say the debt exceeds more than $35,000 per person alive in America today, not considering the
interest that is compounding this number into a staggering figure.
In addition to the Mounting unmanageable debt, the fact that we now have Government running Banks
and Corporations will result in discouraging the talent of America.
Bob Larsen, the Chairman of USA Life Insurance, stated in a recent talk to their Board of Directors
that a “Life Insurance Bank” set up for the children of the future might be the only way for families to
assure their children’s children have the funds to start a business, by a home or go to college.
He went on to say; “A “Family Bank” could be a great way to teach children about money and keep the
family together investing in each other.” and “Why not pay interest to the family bank rather than giving
to some Government controlled “Bail out” that might not grant the loan or charge way above what is
reasonable.” play games
Larsen contends that the Life Insurance Industry, that has always monitored itself for over 200 years,
along with State Regulatory Agencies that watch over the Companies, is about as safe as you can get
today to create a fund of money for future generations.
Inexpensive term Insurance allows modest families to establish this Insurance Bank Concept for future
generations.
Insurance held in a special generation skipping trust can keep the money for your family protected from
estate tax, divorces and lawsuits for over 100 years.
This could be the best Legacy ever thought of for your family.
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