As chief executive officer of Allied Insurance and Financial
Services, Inc., in Benton, Arkansas, since 2009, Samuel Talbert operates
an agency regularly recognized as one of the nation’s top insurance
agencies. In addition to his work with Safe Money Advisors, PLLC, and
other insurance companies, Samuel "Sam" Talbert works to provide health,
annuity, and life insurance planning throughout Arkansas and
surrounding areas.
Single-premium life (SPL) insurance policies
differ from more common life insurance policies in that policy owners
pay lump sums to fully fund the policies rather than making a number of
payments over extended periods. Not only do SPL policies usually provide
good coverage, they also help owners transfer wealth tax-free. Fully
funded SPL policies increase in value much faster than traditional life
insurance policies. A minimum 3 percent guaranteed interest rate gives
the heirs a larger death benefit than the payment itself. In some cases,
policy owners make additional lump payments on the policies to further
increase the value. The policies can also pay for long-term care and
other unexpected expenses before death while allowing the remaining
policy amount to be paid to dependents and heirs, tax-free.