Insurance Pro Blog
Few subjects related to life insurance cause more hot-tempered debate than life insurance commission. Some believe it's an evil incentive that encourages agents to push “expensive” products like whole life insurance to land a huge payday. Others loo...
Posted: Feb 14, 2019
In most interactions with prospective clients who are interested in exploring a whole life policy, there's often a conversation that arises about life insurance guarantees. Given that most of the general personal finance writing out there nearly alwa...
Posted: Jan 31, 2019
For years, insurance agents, companies, and purchasers have looked at hypothetical ledgers that delineate future policy values in an attempt to articulate policy functionality and understand how one policy's features come together and work compared t...
Posted: Jan 24, 2019
No one wants to quit or be forced to change the primary life insurance company that they are writing business with. Unfortunately, there are times when it is unavoidable…either because the company has changed a key product or because a company decide...
Posted: Jan 17, 2019
Ohio National officially closed its VA biz and cut trail commissions (fees?) owed to B/D’s and brokers on December 13th, 2018 for any VA sold with a guaranteed minimum income benefit. We don’t know exactly how many VA’s this is but assume that it’s a...
Posted: Jan 10, 2019
To kick off the new year, we are raising the white flag. We have to concede a position we've long held because consumer sentiment appears to overwhelmingly head in the opposite direction. For years, we've lampooned the notion of the “holistic” fina...
Posted: Jan 03, 2019
The holiday season now firmly has its grip around many of us and since we opted not to produce an end of the year podcast that answered questions we receive from various readers and listeners, I figured I’d entertain a question that came up recently...
Posted: Dec 20, 2018
The post Questions About Dividends, Direct Recognition, and IRA Liquidation to Fund Whole Life Insurance appeared first on The Insurance Pro Blog.
Posted: Dec 13, 2018
You are never going to pay less for whole life insurance than the amount you will pay this year. Whole life insurance rates become dramatically more expensive (actual dollar cost and the cost of lost opportunity) but all of this will become much mor...
Posted: Dec 06, 2018
It's November and that means it's time for most major U.S. life insurer who have any significant focus on whole life insurance sales to announce anticipated dividends for next year. We've already heard from a few life insurers and we are awaiting an...
Posted: Nov 15, 2018