1.INSCOR specializes in high cash-value life insurance contracts combined with low-cost financing. NSCOR specializes in educating and marketing the FIT OPEB plan.
2.Financed Insurance Trust (FIT) provides substantial cash flows from life insurance proceeds and cash values at little or no out-of-pocket cost.
3.Dominique Wilkins former NBA and Hall of Fame Inductee is appointed as Vice Chairman. Wilkins' responsibilities will include acting as spokesman, promoting goodwill and developing INSCOR relations with professional athletes and sport associations.
4. On May 17, 2013, Goldman Small Cap Research published an Article on Inscor Inc. - IOGA. For your convenience, a copy of the article can be found below.
1) INSCOR develops and maintains relationships with financial professionals including insurance brokers, financial planners, tax attorneys and CPAs to promote continued growth. INSCOR has proprietary tools and strategies in addition to top level contracts with over 35 insurance companies and financial institutions to better assist professionals in growing their business.
2) INSCOR specializes in providing significant funding solutions utilizing high cash-value life insurance contracts combined with low-cost financing. The insurance and financing are modeled within the framework of a Financed Insurance Trust (FIT) to provide substantial cash flows from life insurance proceeds and cash values at little or no out-of-pocket cost.
Corporations and Municipalities
The funding for retiree health care and Other Post-Employment Benefits (OPEB) plans often strains existing cash flows of most corporations and municipalities. Many such plans, especially among governmental entities, are grossly underfunded.
High Net Worth Individuals, Athletes and Entertainers
FIT plans can be modeled to not only provide significant volumes of life insurance, but also create substantial cash values that can be accessed to provide a tax-free income stream during retirement. In most cases, depending on age and insurability, FIT plans are designed with little or no out-of-pocket expense.
A FIT (Financed Insurance Trust) is for protecting lifestyle, income and assets for loved-ones and for securing one’s future retirement.
FIT plans provides the means for qualifying individuals to obtain investment grade life insurance that accumulates large volumes of cash value while spending little, if any, out-of-pocket for such insurance.
Instead, the cost of permanent life insurance is financed through major lending institutions. Policy cash values provide collateral and are later used, in part, to retire the loan including principal and interest. The policy holder’s assets remain in place and need not be used to pay insurance premiums.
Estate Planning
Retirement Planning
FIT OPEB plans for Corporations and Municipalities
BOLI (Bank Owned Life Insurance): A stable, secure earning asset for banks
For nearly 30 years, banks of all sizes have utilized Bank Owned Life Insurance (BOLI), as an earning asset for their balance sheets. A properly structured BOLI portfolio can help a bank diversify its current investment portfolio with an asset that will increase earnings, balance liquidity and maintain superior credit quality. A BOLI portfolio will insure executive officers, directors and/or other key employees through a guaranteed issue single premium life insurance policy.
The bank owns the cash value and death benefits. BOLI is unique as an alternative investment as the asset is an effective financing tool to successfully offset increasing costs of employee benefits. It is also a method to retain and reward key bank executives and directors. INSCOR is partners with one of top 5 premier BOLI providers in the country.
Why most banks have or are now obtaining BOLI assets…
BOLI can provide an efficient asset/liability tool with superior credit quality and attractive investment yields. BOLI provides banks with the following benefits:
Enhance Bank Earnings No loan loss provisions Increase Shareholder Value No mark to market on the asset Other Non-Interest Income Source No expenses to underwriting the asset AA and AAA credit quality from all the major rating agencies Approximate 150 - 200 basis point improvement versus other bank investments. Effective way to manage employee benefit costs
Inscor, Inc. Corporation is publicly traded on the OTC Market under the symbol, “IOGA”, and within the OTC-PINK Current Information market tier. As such, Business, Operational, and Financial information on Inscor, Inc. Corporation is fully transparent and available to public view.
A/S: 1 Billion - per 10-Q Report 5/10/13 O/S: 272 Million FLOAT: 105 Million
(Please note the share structure posted is what we have gathered but can change on a daily basis. Contact the Company or Transfer Agent to get the most current information.)
The following Press Releases have not been investigated by Wall Street Surfers, therefore we have no idea if the content of this news is based on Fact or Fiction. Although the links for the following press releases may be from a familiar and reputable company, you should NOT assume that a press wire hosted by a website you are familiar with is accurate just because it is on their site. Wall Street Surfers will not be held responsible for any news release including and not limited to misleading or non-factual content, or the accuracy of the identity of the given source of the press release.
(these are only sources and not always up to date)
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