Not Your Grandaddy's Life Insurance
VetLife is a new type of program that combines life insurance, a tax-advantaged savings account, a retirement plan, and infinite banking... all into one!
The 4 Tenets of VetLife
Education
It's our solemn belief that an informed consumer is a strong consumer. That's why our goal is to educate and inform our brothers and sisters, giving them all the tools they need to make informed decisions.
Transparency
We believe in nothing less than utter and total transparency. It's important that you understand the hows and the whys. We want you to understand what's going on behind the scenes!
That’s why one of our two rules is “No BS”!
Speed
No one wants to wait around for an answer… It brings unneeded stress and anxiety.
We will work to get you a quick answer and get you squared away, so you can get back to living your life.
Simplicity
Life Insurance can be complicated. That's why we are committed to breaking VetLife down Barney style! We promise to not use complicated jargon, and definitely won’t talk over your head to sound smarter than we really are.
It's our solemn belief that an informed consumer is a strong consumer.
That's why our goal is to educate and inform our brothers and sisters, giving them all the tools they need to make informed decisions.
We believe in nothing less than utter and total transparency. It's important that you understand the hows and the whys. We want you to understand what's going on behind the scenes!
That’s why one of our two rules is “No BS”!
No one wants to wait around for an answer… It brings unneeded stress and anxiety.
We will work to get you a quick answer and get you squared away, so you can get back to living your life.
Life Insurance can be complicated. That's why we are committed to breaking VetLife down Barney style! We promise to not use complicated jargon, and definitely won’t talk over your head to sound smarter than we really are.
What is VetLife and how does it work?
VetLife is built on an Indexed Universal Iife (IUL) program, which is a permenant life insurance that has living benefits and a cash value component. Think of it kind of like a life insurance Policy, 401k, high yield savings account, and infinite banking strategy all rolled into one! When you make contributions each month, part goes to your insurance premium, and part of it goes into your cash value account. The money you have in your cash value account is invested in a fixed account linked to the index you choose (Like the S&P500) and can grow at a pretty significant rate thanks to the benefits of compounding interest. Year over year, your money can compound and grow tax-free. When you need to use the money in your cash value account, you can access your cash value at your discretion.
With VetLife, you don’t have to wait until you kick the bucket to access the money in your cash value account! By taking advantage of our infinite banking strategy, you can use it before retirement age to start a business, buy real estate, purchase a car, create a new income stream, or anything else you need.
This is how the ultra rich create generational wealth! Its about time its available to the Military and Veteran Community.
*Subject to certain rules and guidelines under current tax law.
Have you tried to get life insurance before, but been denied because of the typical Veteranisms?
VetLife was designed by veterans, for veterans. We got tired of being denied every time we tried to secure life insurance, so we came together to take action. After all, who better to solve our problems than veterans ourselves?
The above represents who we are, and the veteranisms we face. If that looks familiar and you have some or all of the same issues, don't worry.... We all got approved for VetLife!
With VetLife your money can Grow!
When the market is up, your money can compound and grow! When the market is bad, your money is protected and your cash value won't go down based on negative market performance (unlike a 401k or other investment)! You have the option to park your money in any of our index-linked fixed accounts, or any combination of them! One of the optional indices showed a hypothetical return of 34.66% in just one year!* Compare that to the G-Fund most of use, which only grows at less than 3% per year on average.
*Not a typical return and not guaranteed
1
No Risk!
Your Cash Value will never go down due to market volatility! You read that right! It is protected against market losses and will only continue to grow.
2
Tax free!
Not only do you get a quality return and the potential for significant growth, but it also grows tax-free.
3
Liquid!
Unlike traditional retirement accounts, you don't have to be 65 or any specific age to access money in your cash value account. Its your money, use it when you need it.*
4
Collateral!
When you are trying to buy a home, start a business, or do anything where lenders want to see you have assets, the cash value in your VetLife account can serve as collateral and meet the reserve requirements.
**Subject to certain limitations
5
Infinite Banking!
Become your own bank! Infinite banking is a thing. You can use the cash value in your VetLife account to take full advantage of it! Make your money work for you.
6
Leverage!
You can borrow against your cash value, without ever withdrawing your funds to start or buy a new business, buy real estate, fix and flip properties, and create all new revenue streams!*
7
Generational Wealth!
Ever wonder how the rich stay rich? They make their money work for them. VetLife uses the strategy the ultra wealthy have taken advantage of for years... We didn't' create it. We only brought it to our community!
8
Compounding Interest!
May your money make you more money! Compound interest is the interest you earn on the interest you've gained. Not just the money you put into it.
The 8 beauties of VetLife
Your Cash Value will never go down due to market volatility! You read that right! It is protected against market losses and will only continue to grow.
Not only do you get a quality return and the potential for significant growth, but it grows tax-free.
Unlike traditional retirement accounts, you don't have to be 65 or any specific age to access money in your cash value account. It's your money, use it when you need it.*
When you are trying to buy a home, start a business, or do anything where lenders want to see you have assets, the cash value in your VetLife account can serve as collateral and meet the reserve requirements.
Become your own bank! Infinite banking is a thing. You can use the cash value in your VetLife account take full advantage of it! Make your money work for you.
You can borrower against your cash value, without ever withdrawing your funds, to start or buy a new business, buy real estate or fix and flip properties, and create all new revenue streams!*
May your money make you more money! Compound interest is interest you earn on the interest you've gained. Not just the money you put into it.
*Subject to certain limitations
Here for your loved ones, when you're not around
Term life insurance helps cover the financial burden of your loss for the people who matter most
Income continuity
Maintain your family's ongoing financial security
Home payments
Pay off your mortgage and maintain your property
Remaining debt
Handle your loans and debts so your family doesn't have to
College tuition
Guarantee your children's education
Final expenses
Burial, funeral services, or cremation expenses
Quality of life
Help your loved ones maintain their current lifestyle
VetLife knows what it means to pull 360 security!
With VetLife you don't just throw money into a black hole for 20 or 30 years, knowing that you'll never see it again, and maybe your family will... That's like only pulling 90 degree security... Gunny wouldn't stand for that... and neither do we. VetLife pulls a true 360! It protects you while you're above ground with Living Benefits. It can help turn your money into more money with the cash value's growth compounding tax-free interest... And it can help create generational wealth for your family when you kick the bucket because it's permanent life insurance that will cover you until you are 121 years old!
If all this wasn't enough, the kicker is that your contributions (we don't call them payments) are flexible! If your bank account is feeling the squeeze this month, you can make lower contributions, (or none at all)!* The last thing we want is for VetLife to be a burden!
*Subject to certain limitations
How Does VetLife compare?
- VetLife
- SGLI
- VGLI
- VALife
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VetLife
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SGLI
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VGLI
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VALife
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| Program Type | Indexed Universal Life | Term Life Insurance | Term Life Insurance | Whole Life Insurance |
| Death Benefit Limit | $20,000,000 | $500,000 max | $500,000 max | $40,000 max |
| Growth Opportunity | Indexed Universal Life Tax Advantaged Growth Linked on the stock market. No-Downside or risk | No Cash Value | No Cash Value | Has Cash Value BUT you can’t take a loan |
| Does my premium increase? | You make contributions... Not payments. The target contributions stays the same! | No. They stay the same | Monthly Premium Increases every 5 years | No. They stay the same |
| Living Benefits? | Of Course! Your Living Benefits can cover: Terminal illness as well as Chronic illness, and Critical injury | No Living Benefits | No Living Benefits | No Living Benefits |
| Who created the program? | Designed for Veterans... By Veterans | Designed and run by the Government | Designed and run by the Government | Designed and run by the Government |
| Eligibility Requirements | Exclusively Designed for Veterans and Active Military. You can sign up any time! | Only Eligible while in Service | Only Eligible to sign up within 1 year of ETS | Service-Connected Disabled Veterans under 81 years old |
| Are my payments flexible? | Absolutely! If times get tough you may be able to make a smaller monthly contributions, or skip a month if needed. | Nope. Make a Payment or lose the coverage. | Nope. Make a Payment or lose the coverage. | Nope. Make a Payment or lose the coverage. |
| Will I get Denied? | Not-Likely. VetLife is built by veterans for veterans to accommodate all the typical Veteransims we face; PTS, Sleep Apnea, TBI, Etc. | Its Guaranteed by the Gov. | Its Guaranteed by the Gov. | Its Guaranteed by the Gov as long as you meet the requirements. |
| Can I borrow against the policy? | Absolutely! You can use the funds to start a business, buy a car, live off of as a retirement option... With no minimum age requirements! | Negative | Negative | Negative |
Circle Up... For some Frequently Asked Questions
Simplicity is one of the tenets after VetLife so lets break this down Barney style.
I am rated at 100% T&P with PTS, Sleep Apnea, and more. Can I get VetLife?
Sounds like you are describing just about all of us... and all of us that have applied have been approved for VetLife. We built this for the veteran community because we are the veteran community.
Who can apply for coverage?
We built VetLife exclusively for the veteran and military community. Actively Serving (AD, Reserves, Guard?), Retired?, Veteran? We got you!
Can I cancel any time?
You can, but we don't recommend it as it could create tax implications. The VetLife program is meant to be permanent life insurance that covers you to age 121, which is why it is built to be flexible, so when times get tough, it is not a burden on your finances and family.
Is it true VetLife has living benefits?
Living benefits allow you to take out 80% of your death benefit if you are hit with Terminal Illness, Chronic Illness, Critical Illness, and Critical Injury.
I'm still serving. What happens if I am deployed?
As long as you start your policy while on U.S. soil (and don't have pending deployment orders) you'll be covered!
If you have pending deployment orders, there might be a temporary exclusion or two, but we can work through it!
I am a PMC and most of my contracts are overseas.
So are a lot of our customers. As long as you are contracted by an American company, and your compensation comes from within the US you're good to go!
What is Infinite Banking, can VetLife can be used for it?
Absolutely! It’s one of the best parts of VetLife.
You overfund the policy (subject to certain limitations) and let the power of compounding interest make your money grow. Then you borrow against the cash value at a lower interest rate than your average growth. The goal is to become your own banker, avoiding traditional lenders and banks.
Can my spouse and kids get covered under to my policy?
Absolutely! Most of us added our spouses and kids to our policy as a rider. Others have opted to create individual policies for their kids so they can grow their wealth.
If you contribute $100 per month to each of your kids CivLife accounts for 18 years, through the power of compounding interest, by the time they are 50, they could have over $2M in their account.
Do I need a medical exam to get VetLife?
We didn't! It's always a possibility that, in ultra situations, a medical exam might be requested. However, we have never experienced this, and it surely isn't typical/common/etc.
Sounds like you are describing just about all of us… and all of us that have applied have been approved for VetLife. We built this for the veteran community because we are the veteran community.
You can, but we don’t recommend it as it could create tax implications. The VetLife program is meant to be permanent life insurance that covers you to age 121, which is why it is built to be flexible, so when times get tough, it is not a burden on your finances and family.
It wouldn’t be your financial woobie if it didn’t.
Living benefits allow you to take out 80% of your death benefit if you are hit with Terminal Illness, Chronic Illness, Critical Illness, and Critical Injury.
As long as you start your policy while on U.S. soil (and don’t have pending deployment orders) you’ll be covered!
If you have pending deployment orders, there might be a temporary exclusion or two, but we can work through it!
So are a lot of our customers. As long as you are contracted by an American company, and your compensation comes from within the US you’re good to go!
Absolutely! It’s one of the best parts of VetLife.
You overfund the policy (subject to certain limitations) and let the power of compounding interest make your money grow. Then you borrow against the cash value at a lower interest rate than your average growth. The goal is to become your own banker, avoiding traditional lenders and banks.
Absolutely! Most of us added our spouses and kids to our policy as a rider. Others have opted to create individual policies for their kids so they can grow their wealth.
If you contribute $100 per month to each of your kids CivLife accounts for 18 years, through the power of compounding interest, by the time they are 50, they could have over $2M in their account.
We didn’t! Its always a possibility that, in ultra situations, a medical exam might be requested. However, we have never experienced this, and it surely isn’t typical/common/etc.
