The Chocolate City Wealth Tour

The Chocolate City Wealth Building Tour is excited to announce its nationwide initiative aimed at Insuring Black Americans.

Why Insure Black America?
Recent studies have highlighted the significant underinsurance within Black households, which can lead to economic vulnerabilities in the face of unforeseen events.
48 Million Black Americans are in the U.S.
56% of Black Americans have Life Insurance, according to a study by LIMRA and Life Happens.
46% of Insured Black Americans are underinsured, with their benefits not sufficient to replace income, offer cash value options during life, or provide wealth transfers across generations.

" Educating and Empowering Black Americans to understand the importance and Power of Life insurance could help shrink the Racial Wealth Gap".

The goal of the Chocolate City Wealth Building Tour is to address the financial disparities faced by Black communities and provide them with the tools and knowledge necessary to Build, Protect and Preserve their Wealth. The initiative focuses on the importance of Life insurance as a critical component of financial planning, ensuring that families and individuals are equipped to secure their futures.

Join us and learn how Life Insurance can

• 1. Provide Financial Security for Loved Ones:
• Income Replacement: Provides a steady income to your family, ensuring their financial stability if something happens to you.
• Debt Coverage: Ensures that outstanding debts such as mortgages, car loans, and credit card balances are paid off, relieving your family from financial burdens.
• 2. Wealth Preservation and Transfer:
• Estate Planning: Helps facilitate the smooth transfer of wealth to your heirs, minimizing legal complications and preserving your estate's value.
• Tax Advantages: Offers potential tax benefits, such as tax-free death benefits and tax-deferred growth of cash value.
• 3. Business Continuity:
• Key Person Insurance: Protects businesses by providing funds to cover the loss of a key employee, ensuring the business continues to operate smoothly.
• Buy-Sell Agreements: Funds buy-sell agreements, allowing seamless ownership transitions and protecting the business's financial health.
• 4. Investment Opportunities:
• Cash Value Growth: Permanent life insurance policies accumulate cash value over time, which can be borrowed against or withdrawn for future needs.
• Retirement Supplement: Provides an additional source of income during retirement through the cash value component of the policy.
• 5. Peace of Mind:
• Predictable Financial Protection: Offers peace of mind knowing your loved ones will be financially secure and your assets protected.
• Living Benefits: In case you are diagnosed with a Critical, Chronic or terminal illness- Ability to use part of your death benefit in advance (while you are Living)

Join us for this important and informative wealth tour and represent your Chocolate City.