Insurance Pro Blog
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
Last week I was having an email conversation with a member of our audience. As part of an email that I sent out (to those lucky enough to be on our subscriber list), I asked a question and I got quite a few responses. It's a very nice thing to have a...
Posted: Nov 08, 2018
Universal life insurance is really not that interesting, but you'd never guess that by reading pretty much anything that gets published about it in the mainstream press. In fact, it has been featured in the WSJ more than a couple times in the last se...
Posted: Nov 01, 2018
Today's episode is all about the evils of working with companies that turn out to be major disappointments. Who are we talking about specifically? Well, we're not gonna name names here. Not today. Really our plan here is just to sort of weave togethe...
Posted: Oct 25, 2018
What would it mean to your business if you could find a better way of selling more whole life insurance? Over the past 7 years, we've figured out how The post The Key to Selling More Whole Life Insurance appeared first on The Insurance Pro Blog.
Posted: Oct 18, 2018
First, I feel the need to provide context for this post. 99% of our clients want to use cash value life insurance as an asset class. Which means people need to distinguish whole life insurance from indexed universal life insurance. Yes, there are oth...
Posted: Oct 04, 2018
Every year, usually sometime in November, life insurance companies that sell participating whole life insurance report their plans to pay dividends to policyholders. When the insurance companies talk about it, they often refer to as their whole life...
Posted: Sep 27, 2018
Life insurance enjoys some unique tax benefits, but it also faces limits imposed by legislation we know as TEFRA DEFRA and TAMRA. These pieces of legislation established specific guidelines as to what you can and cannot do with life insurance. Each...
Posted: Sep 20, 2018
Using whole life insurance as a place to store cash and to accumulate wealth works well for people who have a decent amount of discretionary income and realistic expectations. Most life insurance companies teach their agents that using a 10 pay whole...
Posted: Sep 13, 2018