In exploring what we should talk about in episode 44, we realized that we've somehow gone almost an entire year without dedicating an episode to a discussion of taxes in relation to life insurance. Oops!
Sometimes we get caught up in focusing on finer points and miss the big picture. But we are correcting that today.
We've actually published quite a bit of information on the topic over the last 5 years and for those of you who prefer the written word…carry on. You'll be please with what you find in the proceeding paragraphs. Read More…
With the current wave of companies lowering the caps on indexed universal life contracts, we thought it would be good idea to share our thoughts on that today.
Honestly, we've been “low balling” expectations on IUL contracts since we started offering them to our clients five'ish years ago. And that was back when some policies offered cap rates as high as 14%.
Now, I do hope that you all realize I'm being a bit tongue and cheek with the “low balling” comment above. Actually, we just believed that using a lower projected return was prudent. Read More…
Well the summer's over. Which obviously means that we're not allowed to have anymore fun…right?
You'd certainly think that if you were looking at our episode from last week and what we're discussing today.
In episode 42, we're continuing with the spirit of last week's episode. So, if you that was the greatest thing we've ever released, awesome.
Sadly, if you thought it was awful, you'll likely be disappointed in this week's episode.
Either way, I think you'll find the discussion useful.
Today we are revisiting something that has popped up a few times over the years of writing and podcasting. But our take is a bit different and the focus of this episode follows suit.
Our discussion revolves around universal life insurance. And no, we're not hopping on board the media frenzy that wants to adopt a scorched Earth policy for every universal life insurance policy ever sold.
Nor are we lampooning every company that's ever issued universal life insurance.
In fact, as those of you who've been hanging around for a while already know, we sell a fair amount of indexed universal life insurance ourselves.
But… Read More…
Just yesterday, we realized that since we started the podcast back in November of 2015 we've not discussed anything specifically regarding single premium life insurance.
With interest rates today at their lowest point in recent history and for a protracted period, many life insurance companies have chosen to pull their single premium products. But there are still a few available. Read More…
If you haven't listened to episode 38, I encourage you to go back and listen to it before you listen to this one. Not that you have to but I think that listening to both of them will give you a better perspective.
We believe that the need to really understand income planning is so important we've dedicated two weeks to discussing it hear on our podcast.
In this second part of our discussion we're talking more specifically about the “illusion of control”. What do we mean by that? Read More…
I know, when you see a title that includes “income planning” you begin to wonder… “Isn't this a podcast about life insurance?”
Yes, it is.
And we are talking about life insurance, annuities, etc. in the episode as we wrap up this discussion about income planning. But we felt like it was really important to give some context for that conclusion first.
So many times in our industry, people trot out solutions before they've accurately described the problem. Read More…
In this week's episode, we dip into the mailbag to answer a question submitted by someone in our audience.
Olivia writes, “Would you discuss the differences for some specialty whole life insurance products and when they might be appropriate for someone?…7 year pay premium, 10 year pay premium, interest sensitive”
So, we're answering that question.
If you have questions for us that you'd like to hear us answer on a podcast, please let us know. You can shoot us an email by using this form. We'd love to hear from you.
There's a lot in the news recently about negative interest rates. It's surreal to think that central bankers have gone to such extremes in attempt to stimulate economic growth.
If you don't know what I'm referring to Read More…
In the world of evaluating life insurance policies (something we do daily), it's possible to get bogged down in a discussion of fees. And sadly, it won't do much good.
If you're looking at fees associated with whole life insurance, good luck. The product is not transparent (nor is it required to be) regarding what fees and/or expenses are charged.
But we've got good news for you… Read More…