Electronic Design and Prod is a company based in Sheboygan, WI that offers services related to the transfer of life insurance policies. They provide a simple and cost-effective process for transferring policies, with the main goal of reducing estate taxes. However, they also highlight important factors to consider before making the decision, such as the loss of control over the policy and the potential implications for beneficiaries.
The company emphasizes the need for professional financial advice and thorough evaluation of the advantages and disadvantages before signing any transfer documents. They differentiate their services from the sale of life insurance policies to third-party investors, focusing instead on assisting individuals and families in adapting their life insurance coverage to changing financial and legal circumstances.
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