{1:20 minutes to read} Many people are trying to manage life insurance policies, whether they’re policies on their own life, or policies in a trust for which they are a trustee. You have to make the best policy decisions. The analogy that we like to use is one that involves people in a bathtub. The
{2:12 minutes to read} Some of our clients have expressed a desire to make one payment into a cash value life insurance policy and be guaranteed paid-up. For them, we have a concept called the Single Payment Plan. Putting one payment into a cash value life insurance policy is a preferred way to fund a
Most of us have insured all our assets: Cars Homes Collectibles Jewelry However, we rarely insure our most valuable asset, and that’s our ability to provide for our family. That can be rectified for our families through life insurance and for ourselves through disability insurance.
For years, everybody asked me if I watched the TV show Breaking Bad, which I had not. Finally, I broke down, bought Netflix, and started watching the show. After a couple of episodes, I became aware of a theme that popped out at me; part of the reason the main character becomes a drug dealer
Life insurance is protected, unlike most other assets. Let’s compare – if I had a policy that had a $200,000 cash value in it, versus if I had $200,000 in a bank account in my name. Those two assets, depending upon the state that I live in, could be treated very differently. A creditor might
Over $200,000,000 of life insurance was sold recently to a billionaire in Silicon Valley. This is a record-setting life insurance policy. Prior to this, David Geffen was the person who bought the most amount of life insurance in 1990. It was a $100,000,000 policy. Click here to read a good article that talks about this
Today we're going to talk about some provisions of the term life insurance policy that many people have. Convertibility Convertibility and the conversion privilege allow an individual who has term life insurance to change or convert that policy without evidence of insurability. That means that if your health changes, you can still make the change
Our website explains why you should have whole life insurance. As a high-net-worth individual, you can be very good at developing a high return on your portfolio of investments, properties and business interests. You probably have a definite need for life insurance, but you don’t have the liquidity, or are reluctant to dip into your
Today I wanted to talk about our website, Why Whole Life. The reason for the website and our belief in the product, whole life insurance, is really based upon the experience I’ve had over approximately 30 years in the life insurance world. Whole life insurance products are rooted in guarantees, which have worked for consumers
A gentleman by the name of Barry James Dyke wrote a book called Pirates of Manhattan a few years ago. In it, he predicted some of the financial problems that we had in 2008 and 2009. Mr. Dyke recently wrote an article called New Life for Life Insurance-Now Could Be the Right Time to Invest
