Marty Levy

Term life insurance is one of the greatest financial tools ever created. For a very modest cost, it creates instant wealth for your family if the unthinkable happens too soon. If you die early, your family is protected and financially redeemed for the economic loss of you.

But here’s the truth most people don’t realize: the majority of term life policies never pay a death benefit. Why? Because most people live past the end of their term. That means the coverage you bought may quietly expire long before you do—leaving your family completely unprotected.

Why This Matters Right Now

If you’re reading this, you’re likely a client of our agency and already have a policy in place. That’s good you’ve taken a step many never do. But it would be foolish (and costly) not to review it. As you get older, your ability to replace coverage shrinks dramatically:

• Premiums escalate significantly as age increases.
• Health changes can make it impossible to qualify for new coverage.
• Waiting even a few years can turn an affordable plan into something unattainable.

The biggest mistake people make is assuming their insurance will always be there. Life changes. Health changes. And options disappear faster than most expect.

What You Can Do About It

The good news is that you have options—but only if you act before your current coverage runs out.

• Conversion: Many policies allow you to convert term insurance into permanent coverage, often without a medical exam.
• Refinance/Extend: Depending on your situation, you may be able to rewrite or refinance your policy for longer-term coverage.
• Hybrid Solutions: Today’s new policies can combine lifetime death benefits with long-term care protection—so your coverage pays whether you pass away or need care in life.

These strategies ensure that your insurance doesn’t expire before you do.

Don’t Wait Until It’s Too Late

Things change in a heartbeat. One diagnosis. One birthday. One new underwriting rule—and your options could vanish. Nobody ever complained about having too much liquidity for their loved ones. But plenty of people regret letting coverage lapse.

That’s why we created The Life Insurance Audit™. It’s a no-nonsense, professional review of your current policy against today’s marketplace, so you know exactly where you stand and what adjustments, if any, you need to make.

Bottom line: Term insurance is incredible—but temporary. Make sure your policy is serving you, not silently setting you up for risk. The time to review is now!

Call or email us today at LifeAudit@CorpStrat.com to schedule a quick review. Let’s make sure your life insurance doesn’t expire before you do.

“Why didn’t my CPA tell me I could deduct that?”
That’s the reaction we hear all the time when business owners discover BeniComp Select — a little-known benefit that reimburses medical expenses traditional insurance won’t touch… and creates powerful tax savings.

Healthcare costs keep rising. KEY EXECUTIVES  are stuck paying out-of-pocket for things like dental, fertility, and LASIK. But there’s a smarter way to cover these costs without ballooning your premiums — and most advisors don’t even know it exists.

What Is BeniComp Select?

BeniComp Select is a fully insured supplemental medical reimbursement plan that reimburses expenses normally excluded from health insurance.

• Covered items often include:
• Deductibles and copays
• Dental, vision, and orthodontia
• Hearing aids, private nursing, and medical supplies
• Fertility and weight-loss programs
• LASIK and other elective but medically necessary procedures

If it qualifies under IRS Section 213, there’s a strong chance it qualifies under BeniComp Select.

Why CPAs Miss It

Most CPAs focus on compliance, not benefit design. Here’s why BeniComp Select stands out:

• Tax Deductibility – Employers deduct reimbursements as a business expense.
• Tax Efficiency – Employees get reimbursements tax-free.
• Executive Benefit – Employers can selectively cover executives and key talent, creating a strong recruitment and retention tool.

This isn’t just another benefit—it’s a strategic compensation lever that lowers taxes, strengthens benefits, and boosts retention.

How It Works – to SELECTIVELY and DISCRIMINATELY take care of EXECUTIVES, OWNERS OF “S’ CORPS and HIGHLY COMPENSATED EXECS:

1. Employer sets up the plan and selects covered employees.
2. Employees submit claims for qualified, uncovered medical expenses.
3. Employer reimburses through the BeniComp Select policy.
4. Employer deducts costs. Employee receives tax-free benefits.

The Real-World Impact

• Business Owners – Gain access to deductions that would normally be lost.
• Key Employees – Get relief from real-world medical expenses.
• The Company – Offers richer benefits without inflating salaries or paying for costly group plan riders.

It’s a win-win-win: employees are happier, the company saves money, and business owners unlock hidden tax savings.

Why Act Now

Healthcare costs aren’t slowing down. Employees expect more from their benefits, and forward-thinking companies are already leveraging solutions like BeniComp Select.

Waiting means another year of lost deductions and unhappy employees footing the bill.

Next Steps

At CorpStrat®, we help business owners evaluate strategies like BeniComp Select to see if it’s the right fit.

Let’s talk — reach out today to explore how this overlooked strategy can protect your bottom line and give your team peace of mind.