Your IUL Assumptions Are Probably Wrong

Your IUL Assumptions Are Probably Wrong

Since its inception, agents, marketing organizations, and even some general consumers have obsessed over the “average” interest credit assumed when projection indexed universal life insurance values.  At one time, insurers used various “look back” periods–typically the one that showed their products in the best light–and regulators allowed these insurers to use whatever the average index …

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Buying Life Insurance with Leverage

Buying Life Insurance with Leverage

In the interest of building newer and sexier ways to lure you into buying life insurance, agents and marketing organizations think it would be super nifty if you harnessed the extra buying power of a bank’s money to make the policy you can buy even bigger!  The idea looks something like this, buying more life …

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Old Whole Life Insurance vs. New Whole Life Insurance

Old Whole Life Insurance vs. New Whole Life Insurance

As insurance companies roll out new whole life products, we noticed a trend of these new products lacking slightly compared to their older counterparts.  Certain features either disappeared or became less generous, and with continued low interest rates, some worried that whole life insurance would struggle to compete against other savings and investment choices. We …

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Ohio National Whole Life Policy Historical Performance

Ohio National Whole Life Policy Historical Performance

Next up in our series of reviewing real-life results from whole life insurance policies, we look this week at Ohio National.  Like other policies reviewed, we took data from an Ohio National whole life policy purchased around 10 years ago.  We have the original illustration and used that to compare against current policy values. We also …

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Penn Mutual Whole Life Policy Historical Performance

Penn Mutual Whole Life Policy Historical Performance

The latest installment in our series of reviewing real-life results from whole life insurance policies, we look this week at Penn Mutual.  Similar to other policies reviewed, we took data from a Penn Mutual whole life policy purchased around 10 years ago.  We have the original illustration and used that to compare against current policy values. …

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Mass Mutual Actual Whole Life Policy Performance

Mass Mutual Actual Whole Life Policy Performance

Continuing our series of reviewing real-life results from whole life insurance policies, we look this week at MassMutual.  Similar to other policies reviewed, we took data from a MassMutual whole life policy purchased around 10 years ago.  We have the original illustration and used that to compare against current policy values. We also used this …

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The Best Way to Do Whole Life Insurance

The Best Way to Do Whole Life Insurance

When buying whole life insurance, it’s tempting to want to figure out all the ways to optimize the policy.  I don’t just mean the foundational stuff like blending the policy and making heavy use of paid-up additions–but also the bigger picture stuff like “when should I take a loan,” “what’s the best amount to put …

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