Meyer Bendavid, 5757 Owensmouth Ave. # 11, Woodland Hills, CA 91367
Phone/Fax (818) 884-9923
(cell) (818) 261-2470 meyer5757@aol.com
Your Pe
rsonal Coach -- California Insurance License # 0B89248 


To review consulting services  Press >>> Business Consulting  and Money Management.

To review a daily report from the software program I created called The StockTracker used for
ing and selling stock, mutual funds, 401k, 403b, and IRA's  Press >>> StockTracker 


My experience as a money manager with Dean Witter, Financial West Group, and National Planning Corporation,
and now Crump Financial Services, assigned with 8 insurance companies,
I will work with you in finding the best solution toward your financial independence.



The problem-- 100 people are turning 65 today, and only 4 are financially secure with savings over $35,000. A common
complaint is there isn't enough money left over each month to go to savings. What happens if you lost your job or had unexpected
medical problems?


The Solution --Life insurance effects you and your future generations - now offering what you can afford. You could choose
TERM (rental -- least expensive no cash-
Example Male age 40 super pref. non tobacco for $100,000 benefit -
10yr= $8.54/mo.  15yr= $9.53/mo.   20yr=$11.50/mo.   25yr=$16.80
  30yr=$19.18/mo.) -- UNIVERSAL - minimum guarantee only or a
UNIVERSAL/INDEXED plan that offers higher tax-free cash with a Minimum Guarantee of 3% and Capped at 13.5%.


Both UNIVERSAL plans offers the following features? 


  • You will be guaranteed not to lose your money and future profits.
  • You will have Full control of your money with the capability to access it any time without penalties or restriction (emergency fund)
  • A TAX-FREE savings of 10 to 35 cents for every dollar saved - (look at the tax-free cash on the example below)
  • Money compounded with a long-term record of interest earned
  • Savings from age 0 to 120 - don't forget your children and grandchildren
  • The capability to save for college to eliminate the debt
  • The capability to put more money away than a 401k plan, IRA, or Roth IRA (All IRA's and 401k plans have restrictions)
  • No required distribution or penalties
  • Safeguards a business from debt obligations - ask about these options key person, split-dollar, and collateral assignments
  • A solution to offset the estate tax using a Survivorship Standby Trust. I have used these options to prevent estate sales.
  • You can move cash from old life policies having lower returns to new universal/indexed life policies having higher returns
  • The universal/indexed plan offsets inflation, a silent thief that robs you of the value of what your money will buy in the future


A Universal/Indexed Example -- $100,000 death benefit at 4%, 6.20%,  and 8.20% -  male age 40 - super preferred - tax-free cash value at age 65:

Two prices - The minimum - the maximum calculated amount showing cash & death benefit (db) - Choose your price from Min to Max.

Min- $51.25/ month-- 4%  cash $8.638   (db) $108,638   6.20%   cash $11,859  (db) $111,859   8.20%   cash $15,993   (db) $115,913


Max- $342.57/ month-- 4%  cash $159,349   (db) $296,867   6.20%   cash $214,969   (db) $400,487   8.20%   cash $285,628   (db) $532,125


How about a free quote?  (Send me an e-mail with- your name, phone #, height, weight, smoke yes/no, birthdate, medical info,
what you can afford to spend, death benefit, and type of plan  - term, universal, or universal/indexed)



29 Reasons To Own Permanent Life Instead of Term

1  To Meet Consumer Preferences - Many consumers want some amount of life insurance in place when they die.

2  To Pay for Final Expenses – Consider $25,000 of final expenses in today’s dollars. Using the rule of 72 and a modest 3.5% inflation

rate, a 35 year old requires $139,000 for final expenses at age 85. Using a greater rate of inflation and extended mortality, substantially

more insurance would be needed to cover final expenses.


3  To Support Children with Special Needs – Supporting children with special needs does not end with their  college graduation –

it lasts for their lifetime. Life insurance can help meet this need. 

  To Equalize an Estate – A business owner may want to leave the family business to a child-employee without “cutting out”
other children who are not in the business. Paying life insurance proceeds to a trust can help equalize the amount each child receives.


5   To Pay Off a Mortgage – Many consumers will not be mortgage-free in retirement. Consider homes purchased at older ages, homes
financed to pay for college, refinanced homes and vacation homes. Life insurance can help pay off the mortgage for a surviving spouse.


6   To Replace an Estate – Some consumers may want to spend down assets during their lifetime while leaving a substantial
inheritance to their heirs. Life insurance can help replace the assets spent.


7   To Replace the Value of a Home in a Reverse Mortgage– Insureds may want to tap into the equity in their home via a reverse

mortgage without eroding their family’s inheritance. Independent from the mortgage, clients may seek a life insurance policy to help

replace the assets spent.


8   To Provide Cost Recovery for a Dependent Parent or In-Law –The cost of supporting dependent parents or in-laws may
be substantial. Owning adequate life insurance on their lives may recover these costs.


9   To Provide Living Benefits for a Dependent Parent or In-Law – Many permanent life insurance products provide living benefits and
long term care benefits.  

10  To Maximize a Pension – A retiree may elect to take the highest (life) payout option on his/her pension, while still wanting to protect
the surviving spouse. Life insurance can help meet this need.


11  To Replace Social Security at Death – Social Security benefits do not pass on to the decedent’s surviving children. Life insurance
can help ease this potential financial loss.


12  To Supplement Retirement – The cash value of a life insurance policy can make an excellent retirement supplement.


13  To Provide Tax Treatment Diversification – Under current tax regulations, life insurance cash values grow tax-deferred
and offer tax-favorable access to that cash value by allowing withdrawals up to the cost basis and borrowing thereafter.


14   To Provide Creditor Protection – Some state statutes protect policy cash values from the claims of creditors.


15   To Provide an Asset That is Not Subject to the Alternative Minimum Tax (AMT) – AMT affects many middle class folks;
it is no longer a problem just for the wealthy. Under current tax law, policy cash values and death benefits of individual policies
are not subject to the AMT.


16  To Own an Asset That Is Not a Factor in Determining Eligibility for Financial Aid – As a general rule, policy cash value
is not a factor used in determining eligibility for financial aid for college.


17  To Provide Insurance to Unhealthy Individuals Owning Soon To Expire Convertible Term – Uninsurable or rated clients
may own level term policies that are about to expire. Converting these policies before expiration can guarantee* continuation
of coverage (if the policy provides for conversion rights).


18  To Mitigate Taxation of Social Security Benefits – Currently, income from policy loans does not impact the income
calculation for taxing Social Security benefits.


19   To Replace Income with Respect to a Decedent on Qualified Assets – Tax deferred accounts, such as qualified retirement
plans, are subject to income taxes at the death of the owner (except for transfers to spouses). Life insurance can help replace
these taxes.


20   To Pay Estate Taxes – Clients with larger estates may be subject to substantial estate taxes at death. Life insurance
owned by an ILIT can escape estate taxation and provide the liquidity needed for the estate.


21   To Provide Liquidity to Pay Estate Taxes –Estates of wealthier clients may contain illiquid assets such as real estate
or a family business. Life insurance (owned by an irrevocable life insurance trust, or ILIT) can provide the necessary liquidity
to help pay estate taxes.



22   To Leverage a Gift – Annual exclusion or lifetime gifts can be leveraged up many times by using them to purchase a
life insurance policy outside of the gross estate.


23   To Hold By-Pass Trust Assets –If the beneficiary of a by-pass trust does not need (all) the trust principal, assets can
be used to purchase life insurance. The asset is leveraged up many times, income taxes on the growth of the assets are
minimized and a federal income tax-free death benefit is created, based on current tax laws.

24   To Replace a Trust that Terminates at the Death of a Beneficiary – Certain trusts terminate at the death of the beneficiary.
Using trust assets to purchase life insurance during the beneficiary’s lifetime means he/she can continue his/her legacy
to his/her heirs.


25   To Leverage a Charitable Gift –A charity can use relatively small annual gifts and leverage them into a potentially
relatively large death benefit payable at the death of the donor through the purchase of life insurance.


26  To Replace a Charitable Gift – Clients may wish to leave certain assets to charity at death. Life insurance provides
for the replacement of donated assets that heirs would have otherwise inherited – such as taxable retirement accounts.

27  To Provide for Business Continuation – Permanent life insurance is typically a better solution than term for funding a
business continuation plan. It insures that the policy will be in force regardless of how long the business owner stays active
in the business. Policy cash values may be available to fund a lifetime buyout or supplement an owner’s retirement. Under
current tax law, funding a business continuation plan is a valid business purpose for accumulation of assets and is not subject
to the excess accumulations tax. A Waiver of Premium Rider would provide additional benefits to help complete the package.

28   To Provide for Executive Benefits – If structured properly, policy cash values can be used to fund deferred compensation
retirement benefits paid to executives. Death benefits can be used as cost recovery mechanisms for the company.


29   To Provide for Repurchase of ESOP Shares – Many Employee Stock Ownership Plans (ESOPs) require the company
to re-purchase the shares upon the death of an owner/employee. Life insurance can help provide the funding for this obligation.