There are two important parts of Bitcoin Life Insurance.
First, the guaranteed, pre-set cash value increase, and second, the Tax Advantages.
When you put your Bitcoin into the Whole Life policy, you can pull out both your principal and gains tax-free, if you follow some simple guidelines.
As you need access to your capital, you can withdraw your Bitcoin in the form of a low interest loan and sell or spend it at stepped-up basis. Meaning, no taxes due.
Savvy business owners are always looking for a way to save on taxes and sources of financing. Bitcoin Life Insurance allows business owners to become their own source of financing. You can take a loan out against your cash value for things like vehicles, equipment, offices and more. When you lend yourself the money, you can get tax deductions for the interest paid on the loan and depreciation.
Bitcoin Whole Life Insurance allows you to pass on your Bitcoin by passing costly and timely probate courts. Your heirs will receive your Bitcoin within days, not months. No more treasure maps for your loved ones to try and figure out your seed phrase to access the hard wallet left behind!
Furthermore, since its insurance, the proceeds will not be taxable.
Finally, you may be thinking "I can be my own insurance", but note that the Death Benefit is many times larger than the amount you have saved up - pay in 10 BTC and often leave an inheritance or 20 or 25 BTC.
Inside a BTC Life policy, not only will your Bitcoin grow with the market, but you will gain more satoshi through compounded growth. a 2% annual compounded growth will allow you to continue stacking your sats without worrying about the tax man!
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