Defined Benefit Life Insurance
Clients need to pay attention, as the world has changed
By Bill Boersma
In my ongoing effort to educate people on how life insurance works, I seek out new analogies and examples on a regular basis.
Along with others, I’ve written exhaustively about underperformance and management of life insurance. Charlie Ratner is fond of saying it isn’t underperforming, it’s under-explained. I completely agree. If your car runs out of gas and stops along the side of the road, is it really underperforming? Life insurance policies need gas, and if they don’t get it, they stop too. Fortunately no one at the dealership needs to explain this to society because a critical mass of people understand this and help educate others as they come along. For full post, click here…