When is life insurance more than just life insurance? When it becomes an essential part of your high net worth clients’ asset management portfolios.

An ER surgeon in Florida with over $10 million in investible assets recently approached his advisor to devise a strategy to protect his assets and also avoid burdening his heirs with a heavy tax load. One product may provide the solution: Symetra Complete Variable Life Insurance.

Symetra Complete is designed to serve as an asset management vehicle blending the tax benefits and wealth transfer efficiency found in life insurance with the investment flexibility and growth of an annuity. This enables clients to accumulate tax-deferred assets and still avoid leaving behind a heavy tax load.

With Symetra Complete’s inherent flexibility, the Florida doctor plans to pay an initial premium of $10 million, then make ongoing annual payments of $500,000. His assets will be protected and will continue to grow efficiently, and his heirs will receive a tax free death benefit in the future.

Why should your clients consider Symetra Complete?

• Asset Protection
  Your clients have worked hard to build a financial legacy, but as their assets continue to grow, taxes can erode returns. In fact, during the ten-year period through 2005, taxes ate away almost 17% of the gross return (total return before all loads, costs, and taxes are taken into account) of the average U.S. diversified equity fund.¹ This can have a sizable impact on an estate’s value over time.
  
  Unique among competing products, Symetra Complete calculates daily the minimum amount of life insurance death benefit needed to remain in force and still be classified as life insurance.² This helps minimize the client’s cost of insurance, while the rest of their assets have the potential to grow in selected sub-accounts. The result is compounding growth, financial protection, and ultimately, federal income tax-free death benefit transfer.³
• Wealth Transfer
  While the ability of an annuity to defer income taxes provides for greater potential returns, at death, the income taxes still need to be paid. The estate is then responsible for the income tax on all tax-deferred earnings. Because Symetra Complete is life insurance, not an annuity, benefits are not subject to federal income tax. Cash value accumulates tax-deferred and death benefits pass to heirs income tax free.
• Lapse Protection
  Symetra Complete’s daily death benefit adjustment eliminates need for traditional "no lapse" guarantee – and the associated costs. Your client’s policy will not lapse as long as outstanding loans do not exceed account values.

Symetra Complete provides wealth management with insurance protection. It’s an efficient way to manage and grow what your clients have now, so it can be seamlessly transferred later.

If you’re interested in learning more, please visit the Symetra Complete Web site at www.symetra.com/complete, or contact the Symetra Sales Center at invest@symetra.com or 1-800-706-0700.