AdvisorReady™ is for households that already own an active cash value life insurance policy and want another source of money they can put toward that policy.
You bought your policy for a reason. The challenge is finding additional money to put toward it without asking your paycheck to do even more.
An ERA is an Expense Reimbursement Account. ReCapture Financial's ERA is called MiddleBanking™ 1.0.
You use your ERA with the household bills and expenses you're already paying.
ReCapture Financial pays you Monthly Passive Residual Income according to the applicable ERA program terms.
AdvisorReady™ lets you give some or all of that payment a specific destination: the cash value life insurance policy you already own.
AdvisorReady™ doesn't change what an ERA is. It simply gives your Monthly Passive Residual Income another place to go.
It gives you another way to use it.
Have ReCapture send your applicable Monthly Passive Residual Income payment to you.
Authorize ReCapture to direct some or all of your applicable Monthly Passive Residual Income toward the active cash value life insurance policy you already own.
Your paycheck already has to cover today's household expenses. AdvisorReady™ gives you the option to use another monthly resource toward a policy you're building for tomorrow.
AdvisorReady™ connects the two without turning ReCapture into your insurance company or financial advisor.
ReCapture provides your Expense Reimbursement Account, pays applicable Monthly Passive Residual Income, and carries out an AdvisorReady™ payment-direction instruction that you authorize and ReCapture accepts.
ReCapture Financial does not sell you the life insurance policy.
Your existing insurance company, licensed insurance professional or financial professional remains responsible for the policy itself and for any insurance or professional advice associated with it.
AdvisorReady™ does not replace your existing professional relationship.
The $250 activation fee adds AdvisorReady™ to your ERA and covers the additional setup, policy verification, documentation and payment-direction setup associated with the feature.
This is an activation fee to add AdvisorReady™ to your ERA. It is not a membership fee or monthly fee.
Open your ReCapture Financial ERA and add AdvisorReady™ when you're ready to direct the amount you choose from your Monthly Passive Residual Income toward the cash value life insurance policy you already own.
AdvisorReady™ requires an active ERA, the one-time $250 AdvisorReady™ activation fee, an active existing cash value life insurance policy, and continued current status under applicable program terms.
ReCapture Financial is a financial technology company and is not a bank, insurance company, insurance agency, broker-dealer or investment adviser. MiddleBanking™ 1.0 is ReCapture Financial's Expense Reimbursement Account (ERA) program.
AdvisorReady™ is an optional feature for ReCapture Financial ERA customers who already own an active cash value life insurance policy. AdvisorReady™ does not constitute the sale, solicitation, recommendation or replacement of an insurance policy. ReCapture Financial does not provide insurance, investment, tax or legal advice through AdvisorReady™.
The insurance company that issued the policy and the customer's appropriately licensed insurance or financial professionals remain responsible for the policy, policy terms, premiums, cash value, benefits, illustrations, suitability and professional advice. Customers should consult the appropriate licensed professional regarding the effect of additional payments on an existing policy.
A customer may authorize ReCapture Financial to direct an accepted amount of applicable Monthly Passive Residual Income toward an existing policy. Payment-direction instructions are subject to verification, authorization, acceptance and applicable program terms. AdvisorReady™ does not guarantee policy performance, cash-value growth, investment results or any particular insurance outcome.
Monthly Passive Residual Income is paid by ReCapture Financial from company revenue according to applicable ERA program terms. Amounts are based on verified household expenses, account status and applicable program terms. Monthly Passive Residual Income is not bank interest, an investment return, a dividend or an insurance-policy return.
AdvisorReady™ requires a one-time $250 activation fee to add the feature to an ERA. The activation fee is not a membership fee or recurring monthly fee.