Life Insurance at J.P. Morgan
At the Private Bank, working with wealthy families has given us valuable insights into their priorities and values. Safeguarding a financial legacy frequently tops the list. Whether you seek protection for your loved ones, your business or both, life insurance can help give you peace of mind.
A strategic approach for your complex wealth plan
Planning for your and your family's future means making sure you have protections in place against the unexpected. Whether your goals are to manage your wealth tax-efficiently or to ensure seamless wealth transfer, life insurance can play an effective part in helping you to manage risk.
At J.P. Morgan Private Bank, we look across your entire wealth plan to understand your goals and help you find the policy that’s best for your situation.
What are the benefits of life insurance?
Estate planning and wealth transfer
Transfer wealth to heirs and beneficiaries' and help offset estate taxes.
Tax-aware investment strategy
Potential to achieve returns that are income tax-free and not tied to the market.
Liquidity
Protect your beneficiaries' lifestyles by providing a level of guaranteed liquidity.
Life Insurance at J.P. Morgan is a differentiated experience
Passing the Torch: Life Insurance in your Estate Plan
When designing an estate plan, families should understand how to optimize their succession strategies to achieve their preferences and cater to specific needs.
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Four mistakes with life insurance you don’t need (or want) to make
Those who have significant wealth often use life insurance for so much more than merely to replace income. Make sure you have adequate life insurance for all your potential needs. Step one: Avoid these four common mistakes.
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Life Insurance for Business Owners
Many business owners view their company as a significant part of their legacy. Having a strategy that includes life insurance can be an important step in implementing a succession plan and allowing for continuity, while preserving the value of your business.
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To find a life insurance policy that best fits your needs, please contact your J.P. Morgan team.
How can life insurance through J.P. Morgan Private Bank compliment your overall wealth plan?
At the Private Bank, we help you experience the full possibility that your wealth creates, raising the standard in private banking and delivering a uniquely elevated experience shaped around you. That means we take a holistic approach to your life insurance needs, keeping your entire wealth plan in mind.
What is term life insurance?
An insurance policy for an individual who seeks coverage for a defined period, such as a parent who wants to make sure that the family’s financial needs are met no matter the circumstance.
What can life insurance accomplish?
As to business succession, proceeds can mean that family members continue to benefit from the fruits of the family’s labors, and the business experiences minimal disruption in its operation. The death benefit may generate sufficient liquidity to help pay any estate taxes due and/or equalize inheritances.
What is whole life insurance?
An insurance policy for an individual who, regardless of when they passes away, intends to ensure that beneficiaries receive financial support.
Is life insurance taxable?
Life insurance can help a potential purchaser’s family meet tax obligations expected from an illiquid estate. But even if a purchaser has set aside funds to pay estate tax, insurance can still be beneficial as an asset class that can offer a competitive return and diversification.
