The Beneficiary Liquidity Plan®

The Final Piece of Your Financial Plan®

With a Beneficiary Liquidity Plan® (BLP), you can allocate existing funds to help cover expenses your family is likely to incur in the months following your passing.

PLUS, full access to policy funds within 48 hours

LEARN MORE

Get Full Access to Funds in Days, Not Months

We use a patent pending process to help your loved ones when they need it most. No death certificate is required if filing through a licensed funeral home.³

The policies are funded by Homesteaders Life Company, a company that works directly with funeral homes across the country to complete the claims process, so they won’t need to wait for a copy of the Death Certificate. As a result, they are able to pay claims quickly. If your beneficiaries choose to file their claim through a licensed funeral provider, they could have access to policy funds within 24-48 hours.

Avoid the Cost of Leaving Your Loved Ones to “Figure It Out”

Even with careful planning, surviving family members may face thousands of dollars in expenses while waiting to obtain the death certificate required to access inherited funds. Many beneficiaries are forced to cover expenses by using a credit card or personal savings. In fact, more than 50% of families report going into debt after the death of a loved one.²

With our Beneficiary Liquidity Plan®, you can help ensure your loved ones have quick, easy access to the allocated funds they need to settle your estate. Those funds can help cover expenses such as:

Frequently Asked Questions?

What is the Beneficiary Liquidity Plan, and how does it work?

The Beneficiary Liquidity Plan (BLP) is designed to provide your beneficiaries with immediate access to liquid funds upon your passing. This plan ensures that your loved ones have financial resources to cover expenses such as funeral costs, debt payments, and other immediate financial needs without waiting for estate settlements or insurance payouts. The plan typically leverages life insurance or other financial tools to ensure liquidity is available when needed most.

How is the Beneficiary Liquidity Plan different from traditional life insurance?

While traditional life insurance provides a death benefit to beneficiaries, there can often be delays due to claims processing or legal matters. The Beneficiary Liquidity Plan, on the other hand, is structured to give your beneficiaries immediate access to funds. This eliminates waiting periods and ensures that urgent financial obligations can be met right away.

Who is the Beneficiary Liquidity Plan most suitable for?

The Beneficiary Liquidity Plan is ideal for individuals who want to ensure their loved ones have access to immediate financial resources after their passing. It is particularly beneficial for those with significant estate planning needs, families with young children, special needs dependents, or anyone concerned about covering immediate expenses, such as funeral costs or outstanding debts, without financial stress.

‍Terminal Illness: 1-2 years expected to live

‍Chronic Illness: Unable to perform 2 of 6 activities of daily living OR severe cognitive impairment

‍Critical Illness: Cancer, heart attack, stroke, major organ transplant, kidney failure

‍Critical Injury: Paralysis, coma, major burns, severe brain injury

What are the key benefits of the Beneficiary Liquidity Plan?

Key benefits of the Beneficiary Liquidity Plan include:

Immediate Access to Funds: Provides liquidity without delay, ensuring beneficiaries are not burdened by immediate financial needs.
Avoiding Probate Delays: Ensures your family doesn’t have to wait for estate proceedings to access funds.
Peace of Mind: Knowing your family will be financially secure during a difficult time.
Flexibility: Funds can be used for a variety of needs, including funeral expenses, mortgage payments, or education costs.

Is the Beneficiary Liquidity Plan tax-efficient for my beneficiaries?

Yes, in most cases, the funds from the Beneficiary Liquidity Plan can be accessed tax-free by your beneficiaries. However, tax treatment may vary depending on the structure of the plan and the jurisdiction. It's advisable to work with a financial advisor to ensure the plan is set up in a tax-efficient manner for your specific situation.

THE BENEFICIARY LIQUIDITY PLAN®

Get More Details Today

Many clients appreciate that no additional money is required to set up a Beneficiary Liquidity Plan®. By simply allocating a small portion of your existing financial assets into a BLP, you could help give your loved ones some financial breathing room.

Please contact our Retirement Investment Professionals for more information about this option.

GET MORE INFO

Blog Posts

News & Insights

Our articles provide valuable tips and in-depth analysis to help you secure your financial future and make informed decisions. Whether you’re planning for retirement, protecting your wealth, or seeking strategies for sustainable growth, our blog is your trusted resource for achieving financial peace of mind and building a legacy of security and prosperity. Join us as we navigate the path to financial stability together.