Evergreen Life Limited products provide policy owners with tax free investment growth and distributions, greater investment flexibility, the ability to access cash value of the policy and a low policy cost structure. There is a double measure of asset protection provided by the general legislation in Bermuda together with a special Act.
U.S. laws have created a preferential tax status for investments in life insurance in order to encourage long-term financial security and estate planning. This includes the buildup of cash value within specific types of life insurance policies which are free of income tax and potentially estate tax.
The Evergreen products have been developed to provide maximum flexibility of investments (within the rules of the Internal Revenue Code) together with the most efficient combination of the tax advantages available through life insurance.