Category Archives for Insurance Pro Blog Podcast

2019 Whole Life Insurance Dividend Announcements

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

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Should You Intentionally UNDERfund Whole Life Insurance?

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

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Is Universal Life Insurance Collapsing?

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

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Working With Bad Life Insurance Companies

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.

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The Key to Selling More Whole Life Insurance

Seven years ago the Insurance Pro Blog started as a resource to "demystify life insurance."My original purpose was to spread the good word on life insurance--specifically whole life insurance and eventually

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Whole Life Insurance Pros and Cons

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

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Whole Life Insurance Dividend Rates Exposed

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

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TEFRA DEFRA TAMRA: How Taxes Effect Life Insurance

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

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Is 10 Pay Whole Life Insurance Any Good?

http://traffic.libsyn.com/insuranceproblogpodcast/IPB_122__Why_Not_Use_10_Pay_Whole_Life_Insurance_.mp3Podcast: Play in new window | Download Using whole life insurance as a place to store cash

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3 Legitimate Reasons NOT to Buy Whole Life Insurance

http://traffic.libsyn.com/insuranceproblogpodcast/IPB_121__The_Top_Legitimate_Reasons_NOT_to_Buy_Whole_Life_Insurance.mp3Podcast: Play in new window | DownloadIn our last post and podcast episode, we compiled

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5 Reasons Why Whole Life Insurance Is Bad According to the Internet

If you’ve been around the life insurance industry for more than five minutes, it’s pretty likely that you’ve encountered all sorts of reasons as to why whole life insurance is bad. In fact, it’s

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IPB 119: Musings from Father 401k

It's not much of a stretch to suggest that the 401k has become the default option for most people to fund their future retirement. For most folks, that's pretty much the only option offered by their employer–or

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Best Whole Life Insurance Products for Cash Value 2018

We originally released our opinion on the best whole life products for cash value accumulation in 2013.  We re-visited the subject in 2014, and then never again discussed the topic.  In truth, the topic

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IPB 117: Why Are Life Insurance Companies Afraid to Communicate?

Why is that life insurance companies seem so reluctant to answer important questions? If you've been in the life insurance biz long enough this is probably one of your many laments. It certainly is for

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IPB 116: Life Insurance Policy Loan Pitfalls

Before anyone reads the title for this post/podcast and thinks we've suddenly reversed course on our fondness for cash value life insurance, think again. We've not changed our minds, we're just pointing

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IPB 115: Annuities Today, Life Insurance Tomorrow

Recently, the Securities and Exchange Commission has started taking comments from the public in an effort to build their own version of the failed DOL fiduciary rule. Take a few minutes and look at the

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The DOL Rule is Dead

The DOL Fiduciary Rule is dead.  It went out with an unceremonious whimper last week.  Financial media sources covered the news almost no one cares about through short articles noting the progress that

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IPB 113: The Stumbling Blunders of Accordia Life Insurance Company aka Global Atlantic

Today’s topic is not so much about the mechanics of everyday life insurance but diverges into the seedy underbelly of the industry and the problems that certain transactions have caused. Well, one particular

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How to Plan Retirement Income

It occurred to me recently that 2018 marks a milestone anniversary for me.  I've now worked professionally in the financial services/insurance industry for 10 years.  That's 10 years of being paid to

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Indexed Universal Life Insurance Pros and Cons

There are so many questions floating around the internet that center around indexed universal life insurance pros and cons. Indexed universal life insurance is the hottest thing going in the life insurance

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Will Your Indexed Universal Life Insurance Policy Produce an 8% Average Return?

Last week we discussed the probability of achieving various returns on a passive investment in the S&P 500.  This week I want to take a similar analysis and direct it to indexed universal life insurance. 

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What are your Odds of an 8% Average Return on Investment in the Stock Market?

When you start your career in the financial services industry you pretty quickly figure out that you must bow at the altar of the average return on investment in the stock market. Well, that and a couple

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IPB 108: Should it be Fee Only vs Commission Financial Advisor?

Today is less about the mechanics of life insurance in the aspect of how it applies to you, but more in how it applies to us. We wanted to dive into the fee only vs. commission financial advisor model,

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IPB 107: When Interest Rates Go Up, Bonds Go Down. What Does It Mean for my Life Insurance?

Everybody wants to know what is going to happen with the insurance industry if interest rates go up, go down, stay the same, etc. So, we figured today was as good a day as any to address some speculation

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IPB 106: Diversifiable Risk vs Market Risk: The Discussion You’re Not Having

Today we’re talking about what happens when it all falls apart. DISCLAIMER: We’re not offering any sort of individualized investment advice. This is for entertainment purposes. We just sell life insurance. For

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IPB 105: Is Indexed Universal Life Insurance Worth it even if the Interest Rate Assumptions are Wrong?

We’re going back to a topic that circles the indexed universal life Insurance wagon. This subject comes up from time to time, and the core question is: is indexed life insurance worth it? And, why do

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IPB 104: You Can Just Buy Bonds: One of the Reasons Not to Buy Whole Life Insurance

Today, we’re talking about the “scam” that has been perpetuated by life insurance companies for over a hundred years. I know, I can hear you saying to yourself, “which scam is that, there

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IPB 103: Why Does the Life Insurance Industry Suck at Marketing?

Why don't life insurance companies do a better job of marketing the many benefits of using their cash value life insurance policies?  They talk a lot about death benefit, not so much about anything else. Example

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IPB 102: Is Index Universal Life Insurance Market Neutral?

We like life insurance because it marches to its own beat.  In other words, when CNBC is reporting panic over Facebook, life insurance carries on almost as if its never even heard of Mark Zuckerberg. 

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IPB 101: The 2018 Whole Life Dividend Analysis

Since 2013, we have published the only public analysis of variation in dividends for major participating whole life insurance products.  This analysis is a better gauge of product dividend performance

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