Offshore Life Insurance: A Tax Efficient Way of Investing

Offshore life insurance is a tax efficient way of investing which enables you to pass your wealth on to the next generation more easily.

A Simple Concept - Wrapping Investment in Insurance

Karlsberg Life Insurance offers you a simple yet profoundly useful product: we wrap your investment in a life insurance policy so that it doesn't register as investment for income tax purposes and when you die it pays to a named beneficiary as life insurance, which means no high inheritance taxes

A Flexible Product

Conforming the product to meet the definition of life insurance allows tax free build up of the assets. Almost any type of asset may be wrapped in a variable offshore insurance product. The product allows flexibility with respect to asset managers and their various investments. It is, indeed, possible that we can accept in-kind assets such as collectibles and real estate as premium(s) as long as the assets can be and are properly valued.

IRS Compliant

Karlsberg is an IRS compliant offshore life insurance policy. Compliance is important to ensure that growth on the assets is protected from federal income tax.

Life Insurance as an Investment

Income tax exposure on investment asset growth inside the qualified life contract does not accrue as long as it's classified as life insurance.

The next generation receives the proceeds income-tax free as life insurance proceeds paid to a named beneficiary. If the policy is owned by an irrevocable trust, then it will not be subject to estate tax (if applicable).

Is Karlsberg Life Insurance For You?

If you are seeking a tax efficient vehicle and can medically/financially qualify for life insurance then it might be an appropriate product to address your objectives.

Potential US clients should be aware that offshore insurance may not be negotiated, solicited, underwritten, or placed within the US. The process must be initiated and managed from start to finish outside of the US.

Consequently, anyone interested in customized offshore insurance must contact and arrange to meet outside of the US to discuss all of the features of the offshore insurance product.