Archive

Archive for June, 2021

Video: Do Dividends and Crediting Rates Mean Anything?

June 10th, 2021 No comments

Categories: BlogAnimate Tags:

Dear Mr. Client, We Need to Talk About Your Insurance

June 7th, 2021 No comments

An open letter to an indexed universal life policy owner.

Hello Mr. Client:

Thanks again for the recent phone call.  I’m glad your business associate suggested you speak with me.  I’ve received the information from your insurance company that I ordered, and I’m reviewing it now.  Based on our conversation, the bottom line is that I’m pretty confident this policy isn’t what you think it is.  It’s not that it can’t work but it’s likely not working and not doing for you what you understand it to be doing.

My recollection is that you have this policy for two basic purposes. First, you want a significant death benefit for your wife, and second, you’d like that premium to be accumulating cash value so you have access to it in the future. For full post, click here…

Categories: Life Insurance Tags:

How Many Ways Can You Write the ‘Same’ Life Insurance Policy?

June 1st, 2021 No comments
A policy can be highly customized, but make sure it’s built for the right party.

Recently, I was sent a life insurance proposal for evaluation that was mind boggling in its construction. Most of us understand that in financial transactions, we end up in a better place by reducing expenses and increasing crediting. This proposal did the opposite; it maximized expenses and minimized crediting. But it looked good, so the proposed policy owner was considering moving forward with it.

For full post, click here…

Categories: Life Insurance Tags: