A couple recent articles reveal that, distressingly there are still arrogant, narrow-minded people who pass judgement on others conceiving that they really do know what’s best for others regardless of whether they even know what’s best for themselves. This primes such self-appointed experts to push their ideas, products and services which don’t definitively benefit or …

Continue reading “What is the Best Life Insurance Policy for You?”

Whole Life Insurance is the original permanent life insurance product that builds cash value.  Before whole life insurance existed, life insurance was something that was leased on a yearly basis and every year the lease payment, or premium, increased because the risk that the insurance company would have to pay out a death benefit became …

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There is a lot of noise being made surrounding what and what isn’t going to happen to your taxes under the GOP Tax Bill.  But one thing is for sure, taxes won’t be going away, because as Benjamin Franklin noted years ago, death and taxes are two things you can always rely on. But concerning …

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According to the most recent Marist poll,[i] the most annoying phrase for Americans, for the ninth straight year in a row, is “whatever.”  Evidently “Que Sera, Sera, whatever will be, will be,’ is simply annoying to over one-third of the nation.[ii]  Yet, according to the Economic Policy Institute “Nearly half of American families have a …

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Today I spoke with a clinical scientist who wanted a second opinion concerning an Indexed Universal Life (IUL) insurance policy that had been suggested for him as something that would perform better than if he contributed to his employer’s 401k plan.  And with his expressed permission, here is his estimation of the IUL, “This is …

Continue reading “Insurance or Insult?”

Recently an opportunity to review a participating whole life insurance policy which had been in force for 11- years came across our desk for a complimentary review.  The policy had been underwritten by a respected company that is known for good policies that can develop high guaranteed cash values as well as great dividends.  But …

Continue reading “Is A Bigger Life Insurance Policy Better?”

Advocating the ability to leverage your life insurance policy for needed cash flow or investment capital has become a common approach for the life insurance industry to promote and sell higher premium life insurance products.  Whether those products be some form of universal life or high cash value whole life, the novelty that you can …

Continue reading “Ironically, You’d Think They Would Know Better”

There are some really sordid tales about how Indexed Universal Life Insurance (IUL) is compared to Participating Whole Life Insurance (PWLI) as being almost her identical sister, merely because they can develop such high cash values and both have certain guarantees. But the poignant chronicles of those who have owned, and survived owning, an IUL …

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Nearly 12 years ago, when first looking into participating whole life insurance as a financial asset and tool to manage my own investments, it was difficult to find any information on what participating whole life insurance was. It was even more difficult to locate any life insurance companies that still sold participating whole life insurance …

Continue reading “Five Dangers Associated with Using Cash Value Life Insurance”

“The average worker in America is now shelling out $5,714 for a family health-insurance plan, 30% of the total $18,764 cost.”[i]  Five years ago, workers shouldered (merely) $4,316 of the $15,745, or 27%.[ii]  “Health care coverage has increased faster than wages and inflation.”[iii]  And while congress and the president grapple with easing the pain of …

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