Did you know that you can get a life insurance policy to cover an asset?
Like an exotic car? A rare coin collection? Gold? Diamonds? Did you know that you can also get a life insurance policy for the unused equity in a home that you own?
Imagine an entrepreneur that found a way to make an income using a life insurance policy on his home equity…
It works. But here’s the problem. This entrepreneur can only take out a limited amount of life insurance. Yes – he’s making an income from that policy, but he’s limited on how much income he can make. Here’s the great news. He can make additional income, but he needs your help. So, he started a company called Latent Lending (the Company).
He’s been working with banks for years to perfect this. He's using rules and systems that have been in place for years and has found a way to use them to make an annual income. With your help he can make additional income and also make an income for you, as homeowners. He has you take out a life insurance policy through the Company, and the Company pays for the policy. The Company then uses your policy as an asset to make an additional income and the Company shares that income with you, annually. The company cannot do it without you! Once your insurance policy is in place, that asset remains even if you sell the property.
The Company does not put any liens or loans on your property. There are no restrictions on what you can do with your property. Your property is NOT at risk from this program.
Once your life insurance policy is approved, you’ll receive a Promissory Note that will obligate the Company to pay you the amount on that Promissory Note once a year. Every year, if you elect to continue with the life insurance policy,,that the Company pays for, you will receive a new Promissory Note outlining the amount you’ll be paid for that year. Every year the amount will change.
You'll receive a 1099 from the Company and you'll need to pay taxes on the income.
Your risk is that the Company will go out of business and you’ll no longer receive your income from the Company and your life insurance policy will be cancelled. That’s worst case.
This is a game changer. Get started right away.
www.FinanceWithSteve.com steve@FinanceWithSteve.com Text 801 589 1111
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