karpel financial services

Life insurance you actually WANT to buy versus the typical sold due to a particular NEED

As a life insurance professional, Mike Karpel excels at creating individualized life insurance policies at a competitive price for his clients. Additionally, he makes sure those policies will eventually feed into an appropriate wealth transfer plan to protect their families as they continue to grow.

His knowledge in policy audit and analysis allows Mike to help keep his clients protected, and his detailed insurance knowledge allows him to help them better understand the most complex nuances of their policies. He will generally review existing policies as part of his planning process.

Traditionally folks have looked at life insurance as simply something they needed for a particular reason or purpose such as: estate tax liquidity needs, leaving a legacy for heirs, protecting a young family against the loss of a breadwinner, etc. Today life insurance happens to be a desired part of a family’s portfolio of investments. The right policies provide, not only the necessary protection in the case of an untimely death, but also provide a tax deferred (tax free, if properly managed) amazing growth opportunity. After seeing the potential, clients usually ask: “how much of this can I buy?” And, it’s a valid question because the IRS has imposed limits on these policies. Wonder why!