How the Fees Destroy Indexed Universal Life Insurance

How the Fees Destroy Indexed Universal Life Insurance

We’ve long argued that many of the scare tactics used to dissuade people from universal life insurance products are very heavy-handed. The “evidence” exists mostly as anecdotes concerning “I know someone who knows someone who” once owned one of those products and bad things happened. For the most part, bad things involve a requirement to contribute additional …

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De-Risk Your Portfolio with Whole Life Insurance

De-Risk Your Portfolio with Whole Life Insurance

We had a really good run with the stock market over the past 10+ years.  It seemed like the market was on a non-stop race to higher and higher levels.  In fact, many hobbyist investors made unimaginable fortunes by launching blogs and doling out investment advice that largely parroted the long-standing ethos of the now …

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Why Does Universal Life Insurance Have Such Low Guarantees

Why Does Universal Life Insurance Have Such Low Guarantees

When looking at universal life insurance–especially in the context of its ability to accumulate cash value–and comparing it to other life insurance products like whole life insurance, people often note that it appears to have much lower guarantees.  In fact, here’s an excerpt from an indexed universal life insurance proposal that highlights said low guarantee:Now, …

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Why Life Insurance Works so well for Retirement Income

Why Life Insurance Works so well for Retirement Income

Life Insurance used to generate retirement income is a slightly more advanced subject within the world of life insurance and financial planning. The stock jockeys hate it, and the life insurance agents love it. No surprise there. But is there something that life insurance brings to the table that is truly special? Or are you …

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Universal Life Insurance Expense Breakdown

Universal Life Insurance Expense Breakdown

Universal life insurance is characterized by its flexibility and transparency of expenses.  Unlike whole life insurance, where expenses operate under the cloak of proprietary information, we can easily call up the expense breakdown of universal life insurance policies and see exactly where the money goes. For universal life insurance policies, expenses fall into four main …

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How Does Infinite Banking Fare During High Inflation?

How Does Infinite Banking Fare During High Inflation

With news sources reporting every higher inflation measure–and ample signs of prices increasing across the country–it’s understandable that many people are seeking ways to personally combat the effects of inflation on their lives.  The Infinite Banking crowd appears ready to pounce on this topic and celebrate their ethos as the solution to the problem.  Philosophically, …

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Dividend Recognition is Going to Get Interesting

Dividend Recognition is Going to Get Interesting

Dividend recognition dictates the policy a life insurance company has regarding what it does in the event a policyholder takes a loan out against his/her whole life policy.  If the company practices non-direct recognition then it does not adjust the dividend in the event there is a loan against the policy.  The company pays the …

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