Insurance Pro Blog
The decision to cancel whole life insurance is not always an easy one. We understand this. We've discussed this subject with numerous people. The biggest concern is still the money already paid to a whole life insurance policy. The gist of the co...
Posted: Apr 25, 2019
A life insurance illustration is a tool that agents use to detail the various features of a proposed life insurance policy. These rather lengthy documents contain a lot of information and sometimes delineate information with multiple ledgers that di...
Posted: Apr 18, 2019
Should I buy whole life insurance if I'm young and have no dependents? This is a question that we field more often than you might think, so today we want to address this question for those who might be thinking the same thing. It'll come as little s...
Posted: Apr 10, 2019
If you spend any time looking around this site, you'll find plenty of content detailing the various features of whole life insurance. We've detailed at length the use of whole life insurance specifically for its ability to accumulate cash value that...
Posted: Apr 04, 2019
What drives annuity buyers? I mean with all the negative press about the evils of annuities, what on earth possesses these people to actually pull the trigger and purchase an annuity? Let's not forget all of the other options available to Americans....
Posted: Mar 28, 2019
Whole life insurance dividends are a fun subject we discuss quite regularly. But a more obscure and advanced topic on this subject is the way life insurer adjust dividends (if at all) whenever a policyholder takes a loan out against a whole life ins...
Posted: Mar 21, 2019
Buy term and invest the difference is an academic argument that suggests you should skip the “expensive” whole life insurance et. al. and instead by “cheap” term insurance. You should do this because it will free up financial resources to then inves...
Posted: Mar 14, 2019
We've all seen articles chronicling the woes faced by policyholders who own universal life insurance. The names change, but the theme tends to remain the same. Joe insurance purchaser bought a universal life insurance policy years ago and recently...
Posted: Mar 07, 2019
Buying whole life insurance or universal life insurance as a cash accumulation tool or even because you want a permanent death benefit requires you to make a long term commitment to the life insurer. Even buying term life insurance commits a rather...
Posted: Feb 28, 2019
Overfunded life insurance, what on earth is that? I hear you cry out. Perhaps you ran across the concept mentioned briefly somewhere on the internet. Or maybe someone suggested that you buy an overfunded life insurance policy. If you're trying to...
Posted: Feb 21, 2019