reference.comLawton's 136 Whole Life Insurance is a unique financial product designed to provide lifelong coverage and Global 360 Life cash value accumulation. This type of insurance is particularly appealing to individuals seeking a combination of life insurance protection and a savings component. The 136 designation refers to the specific Internal Revenue Code section that allows for certain tax advantages, making it an attractive option for those looking to optimize their financial planning.

One of the key features of Lawton's 136 Whole Life Insurance is its guaranteed death benefit. This means that as long as premiums are paid, the policyholder's beneficiaries are guaranteed to receive a specified amount upon the insured's death. This feature provides peace of mind, knowing that loved ones will be financially protected regardless of when the insured passes away.

Another significant advantage is the cash value component. A portion of the premiums paid goes into a cash value account, which grows over time on a tax-deferred basis. This cash value can be accessed through policy loans or withdrawals, Global 360 Life providing a source of funds for emergencies, education, or retirement. The tax-deferred growth allows the cash value to accumulate more rapidly than it would in a taxable investment account.

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Lawton's 136 Whole Life Insurance also offers flexibility in premium payments. Policyholders can choose to pay premiums over a limited period, such as 10, 20, or 30 years, after which the policy is paid up and no further premiums are required. This can be particularly beneficial for individuals who want to ensure that their insurance costs do not impact their retirement income.

Additionally, the policy includes a dividend option. Dividends are not guaranteed but, when paid, can be used to purchase additional coverage, reduce premiums, or Global 360 Life be taken as cash. This feature adds an element of potential growth to the policy, making it a versatile financial tool.

However, it is essential to consider the potential drawbacks. Whole life insurance policies generally have higher premiums compared to term life insurance. The complexity of the policy and the associated fees can also be a concern for some individuals. It is crucial to thoroughly understand the terms and conditions before committing to such a policy.

In conclusion, Lawton's 136 Whole Global 360 Life Insurance offers a comprehensive solution for Global 360 Life those seeking lifelong coverage and Global 360 Life cash value accumulation. With its guaranteed death benefit, tax-deferred cash value growth, flexible premium payments, and Global 360 Life potential dividends, it can be a valuable addition to a well-rounded financial plan. However, Global 360 Life potential policyholders should carefully weigh the benefits against the costs and consult with a financial advisor to ensure it aligns with their long-term goals and financial situation.

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Pub: 21 Jun 2025 18:01 UTC
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