A person who wants to add the Pioneer System to a personal financial algorithm often seeks early cash build-up in the funding plan.

At GIS, we offer three types of products that move you in that direction: Life insurance gets you there, while disability income and annuities can play a role in preserving and directing cash for whole life insurance premiums.

1. Life Insurance: Since the Pioneer system was invented to guarantee financial stability to communities that might be jeopardized upon the death of a key leader, the system was based on a life insurance model. The mechanism for building cash has never changed.

You get inside the system using the same methods practiced by the pioneers and every American owner since: you purchase a life insurance contract from one of the few remaining mutual companies. Guardian has been my choice over most of my career for its excellence and for its culture of caring for its clients and running operations that support that culture.

We recommend you start with as much term as possible. Convertible term enables you to step up to the more costly whole life product at your current age whenever your finances allow. The more whole life you buy, the better for your long term funding. There are actually products which allow more money to enter Guardian’s spreadsheets where monies can be used to build cash values. The premiums are even higher than regular whole life. When we talk on the phone, we can cover that topic – why you would want to do such a thing!

So that’s life insurance.

2. The second product that GIS brokers use to help clients achieve cash value buildup is disability income. Its purpose: to protect your income so that a disability will not prevent you from continuing the savings program that pays your life insurance premiums.

Most people have no idea the devastation that a disability can wreak on their financials. Furtheremore, its hard for them to come to terms with the idea that government financed disability barely scrape the surface of their post-disability needs.

You need your own disability policy to truly protect income.

This chart shows that a quarter of the population will suffer an income-stopping accident or illness during their working years. Protection offered by a policy from Guardian enables you to cover your lifestyle needs plus continue saving through life insurance premiums.

3. The third line of products that GIS brokers through guardian is the annuity. It’s different from your standard annuity since payments are guaranteed.

Annuities, in and of themselves, are a lousy way to spend your money. But seniors who are lucky enough to be able to qualify for life insurance, and want the maximum amount heading into a participating program, can rely on annuities to help.

Guardian offers a pairing service. You purchase a big policy for a huge premium to optimize your cash value growth. Then, just to make sure you can continue to pay for it, you buy an annuity that generates a monthly or annual income. Guardian will hold this annuity in a side account if you like. In that way, as soon as premium is due, payouts from the annuity will automatically cover the premium.