statelife-online/mystery billionaire

Mystery Billionaire from California, United States Buys World's Most Expensive Record-Breaking and Record Setting $201 Million Life Insurance Policy.

And get even
 a lot bigger

What is his name?Who holds this record?How old he is?This is mystery.His name and age has not been disclosed due to safety reasons.The insured and the insurer both are silent.This massive policy has been closed by Dovi Frances and he only says that the 

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policy belongs to  to a well-known technology billionaire from California.

Now the burning question is: 

"Why this mystery  billionaire has

 bought such a massive and expensive life 

insurance policy when he  has so many other 

assets"?

Dovi Frances, founder and managing partner of SG, LLC explains:

“In California, there are state death taxes that are exceptionally high,” “If your properties are leveraged then those loans are called immediately and need to be paid off,” said Frances. “So if you want to head yourself against such a risk [your beneficiary] can receive the proceeds [from life insurance] without being exposed to taxes.”

The millionaires and the billionaires buy life insurance due to  several reasons.

Primary among them are tax purposes, Frances also said

A wealthy estate is hit with a hefty tax bill, and there may not be enough cash to cover it, since many millionaires and billionaires hold their wealth in investments, he said.
source:http://www.forbes.com/sites/natalierobehmed/2014/03/14/mystery-billionaire-buys-record-breaking-201-million-life-insurance-

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State life-Billionaires be attentive

Special message for the billionaires.
Silicon valley billionaire buys record breaking and record setting $201 million life insurance policy.This record breaking and record setting life insurance policy has been sold by Santa Barbara,a Calif based SG,global advisory firm.
The name and the age of the policy holder has not been disclosed due to safety reasons.

Why on earth a billionaire  would  buy such a

record breaking and record setting world's most

 expensive policy?

This is by no way a million dollar question.

By purchasing this policy he infect has managed his risk beautifully and in a decent and respectable way.He has transferred all the risks to the insurers.
It's all about trust and estate planning,Here i quote what Frances said. 
"Having a life insurance policy like this can protect significant assets."

 ایک غمزده گهر کا بهترین سهارا

Open an account

 with

 State life now.let us manage and

take care of your

Life insurance

 investment

portfolio

03234969112

Lahore-Pakistan

statelifeonline@yahoo.com

Skype statelifeonline

We can also assist you in managing your risk.You can also save big, manage your risk, financially protect and secure your family and become millionaire in only 20 years..

Give me (IKRAM) a call now and Join the family of satisfied  and happy policy holders of Pakistan.

Source:http://www.cnbc.com/2014/03/14/someone-just-bought-the-most-expensive-life-insurance-policy-ever.html

 ایک غمزده گهر کا بهترین سهارا

l

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Most valuable life insurance policy-

The owner of the world's most valuable life insurance policy.
This is a million dollar question.Who is the owner of the most expensive life insurance policy of the world?In today's post we will try to find out the answer to this million dollar question. :)
Web Administrator

well honestly speaking we do not know the name of the owner of the world's most expensive life insurance policy.We even do not know his age.All what we know is that he is a billionaire and this well known billionaire lives in Silicon valley.

 But one thing we can say with certainty.

1.He  owns huge amount of assets.And he fears that his heirs will have to pay huge amount of taxes.Thus by breaking a previous record he has managed his risk.
One reason why even a billionaire should buy a life insurance policy.

According to a reliable source the billionaire purchased the policy to help his heirs avoid paying a 45 percent inheritance tax. Source:http://www.ryot.org/most-expensive-life-insurance-policy/604301
The name of the record breaking policy holder has not been disclosed due to safety reasons..

 ایک غمزده گهر کا بهترین سهارا

Open an account

 with

 State life now.

03234969112

Lahore-Pakistan

statelifeonline@yahoo.com

Skype statelifeonline

You can also save big, manage your risk, financially protect and secure your family and become millionaire in only 20 years..
Join the family of satisfied  and happy policy holders of Pakistan.

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State life and billionaires

State Life- Why a life insurance policy is important for a billionaire? Some might question why a billionaire would take out life insurance when he or she has so many other assets.

One reason.One justification.

As you grow older and accumulate more property or expand your estate, you might want to investigate the taxes your heirs would be assessed upon your death. It would be an advantage for your heirs if you had life insurance to cover those inheritance taxes so they  

 ایک غمزده گهر کا بهترین سهارا

Open an account

 with

 State life now.

wouldn't have to come up 

with the money themselves, 

or sell some of the estate.
https://www.allstate.com/tools-and-resources/financial/life-insurance-advantages.aspx

Why even a billionaire should have a life insurance policy.One reason.

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Mystery Billionaire Buys Record-Breaking $201 Million Life Insurance Policy

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www.forbes.com/.../mystery-billionaire-buys-record-breaking-201-milli...

Mar 14, 2014 - An unnamed Silicon Valley billionaire has set a new Guinness World Record for Most Valuable Life Insurance Policy. Worth $201 million, the deal involves 19 different insurance companies and will see the billionaire paying annual premiums in the low digit millions