INSCOR, Inc. Expanded Plan Offers Solutions to High Income Earners, Entertainers and Athletes
26 Março 2013 - 9:30AM
Marketwired
INSCOR, Inc. (PINKSHEETS: IOGA) announces the release of its new
program based on the company's FIT OPEB plan. This new plan is
tailored specifically for affluent individuals, entertainers and
professional athletes. The "individual" program is called a FIT
(Financed Insurance Trust) plan.
FIT OPEB plans were developed by INSCOR to create a predictable
income stream for municipalities and corporations to fund retiree
healthcare and other post-employment benefits at significantly
reduced expense.
Richard Krabbeler, President of INSCOR, said, "The FIT plan is
the most cost effective way to create, grow and protect wealth for
literally pennies on the dollar. Taxes, expenses and risk of loss
are hurdles that must be overcome in accumulating wealth. The FIT
plan incorporates specially designed life insurance that eliminates
the impact from taxes, is extremely low-cost, and has no down-side
risk from market losses. In the case of many athletes and
entertainers, their income earning period is often relatively short
which can lead to a lavish lifestyle early on followed by decades
of financial struggle and even bankruptcy. The FIT plan developed
for them is designed to provide a lifetime of sustainable income
without using Spartan, forced savings plans."
INSCOR's CEO Richard Doerr said like the FIT OPEB plan, the
"individual" plan has been tailored to meet a specific need.
Doerr added, "Low-cost financing is available to fund premiums
for life insurance in FIT plans with the policy providing
collateral for the loan. Principal and interest can be rolled up in
the loan and eventually paid-off from policy cash values. As a
result there is little, if any, actual out-of-pocket cost to the
affluent client for obtaining a substantial amount of life
insurance that produces significant cash value in the retirement
years."
About INSCOR, Inc. INSCOR specializes in educating and marketing
the FIT OPEB plan to municipalities and corporations as a low-cost
solution to funding retiree and other employee benefits. A FIT plan
variation also works for affluent individuals, entertainers and
professional athletes -- whether for estate planning or funding
cash flow needs. INSCOR's "FIT" (Financed Insurance Trust) strategy
uses a combination of favorable financing terms, innovative uses of
specific life insurance products and trusts -- all of which result
in minimum levels of out-of-pocket costs for producing significant
future funding and revenue stream opportunities.
Contact: Richard Doerr CEO 702-248-6901
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