Living benefits IUL policies are available nationwide — but working with a Florida-based licensed specialist who understands your market, your carriers, and your state's specific protections makes a measurable difference.
Why Florida Residents Need Living Benefits More Than Most
Florida is one of the healthiest states to retire in — and one of the most financially vulnerable ones for unexpected health events. Florida has a higher-than-average rate of cardiovascular disease, diabetes, and cancer among its working-age population. The average critical illness event results in $40,000–$100,000+ in out-of-pocket expenses even with health insurance.
For Florida families, the math is stark: health insurance covers the medical bills. It doesn't replace your income when you're out of work for 3–6 months. Living benefits close that gap.
Florida-Specific Advantage: Asset Protection
Florida law provides significant protection for life insurance cash value from creditor claims — under Florida Statute 222.13 and 222.14. This makes an IUL particularly powerful for Florida business owners and professionals who face liability exposure. Your growing cash value inside a properly structured IUL may be shielded from creditors in ways that a brokerage account or bank account is not.
Note: Asset protection law is complex and situation-specific. Always consult with a licensed Florida attorney for guidance on your specific circumstances.
Who GoWise Wallet Serves in Florida
Primary Client Profiles
- Mid-career professionals (40–55) — Doctors, attorneys, engineers, finance professionals who've maximized their 401(k) and want tax-advantaged overflow growth with income protection
- Small business owners — Self-employed and business owners with no employer disability safety net who need both personal income protection and business continuity planning
- Young families (30–45) — Dual-income households building wealth while protecting their mortgage, childcare, and income from a catastrophic health event
- Pre-retirees (55–65) — Those within 10 years of retirement who want to de-risk their savings while maintaining growth potential and long-term care coverage
How the Process Works with GoWise Wallet
- Free 20-minute strategy call — We learn about your income, goals, existing coverage, and health situation
- Custom illustration — We run personalized illustrations from multiple carriers showing projected cash value, death benefit, and living benefit access scenarios
- Carrier comparison — You see side-by-side options across our 14+ carrier network
- Application & underwriting — We guide you through the underwriting process and advocate on your behalf
- Policy delivery & ongoing service — We conduct annual reviews to make sure your policy stays aligned with your goals
What Makes GoWise Wallet Different in Florida
Most insurance agents are captive — they represent one company and can only offer that company's products. As an independent broker, GoWise Wallet compares options across 14+ A+ rated carriers to find the right fit. And as a psychology-trained professional, Kleber Soares brings an understanding of financial decision-making that goes beyond product features — helping clients move through the hesitation and overwhelm that keeps most people stuck.