With a preferred beneficiary designation, Guarantee Advantage may provide you with essential creditor protection.
Ideal if you are:
- A business owner
- A professional (e.g., doctor, lawyer)
Why name a beneficiary?
Depending on who you name as your beneficiary, the money you invest in your contract may be creditor-proof. In the event of bankruptcy or a lawsuit, the beneficiary designation could prevent your creditors from seizing your assets. If this were to happen, you can get peace of mind knowing you and your loved ones are protected. You should contact a legal advisor to review your specific situation (lawyer or notary).