The Stream Protection Plan was created as a solution to create tax-free retirement income for accredited investors. It is a platform for retirement planning that provides members an opportunity to purchase an exclusive premium-financed cash value life insurance policy, which generates supplemental tax-free income.
By grouping together new members to form tranches, Stream provides access to premium financing that members wouldn’t normally have access to. Typically, with premium financed life insurance, insureds are required to post collateral and personal guarantees. However, with The Stream Plan, members are not required to post any personal guarantees nor collateral, as The Stream Protection Plan acts as the borrower and guarantor for the financing.
The benefits to using The Stream Plan are creating tax-free retirement income, providing living benefits (such as long-term care protection) during the insured’s lifetime and a tax-free death benefit to the member’s beneficiaries.