Traditionally life insurance has been used to solve estate tax and business succession issues for the wealthy. This article addresses the non-traditional uses for permanent life insurance. Most people see insurance as a cost, not as a tool to help them with their success. Not a place to put money into for its value. Yet,
(they just don’t know it) By Michael Fliegelman, CLU, ChFC, AEP, CLCT, RFC Sometimes in life we think we see things clearly, but might be missing something entirely. The best analogy is the arrow in the FEDEX logo. Most people do not see the arrow but it is there and has always been there. Similarly
BY JACK BOBO Almost 50 years ago Halsey Josephson wrote a book titled “The Tired Tirade” as an answer to the critics of life insurance, particularly those critical of whole life insurance. It was an outstanding piece of work, but unfortunately it did not stop the tirade. Financial writers like Jane Bryant Quinn and self-styled
DATELINE: WASHINGTON Jan. 28 WASHINGTON, Jan. 28 /PRNewswire/ -- During one of the most unsettled periods in recent financial history, author and investment guru John E. Girouard ( http://www.johngirouard.com/ ) is warning people to think twice before moving their money into bank CDs and money market funds. He says the ultimate bomb shelter during scary
In years past, companies such as Prudential, Met life and The Hartford became public companies, while carriers such as Mass Mutual, Northwestern Mutual and New York Life remained as Mutual Companies. This 2008 article from Forbes documents the Mutual companies that chose to stay Mutual and have done very well compared to their publicly traded
This article documents the new types of riders being created as part of life insurance policies, that allow the policy to be used to help pay for the healthcare needs of the insured. These new riders will provide access to part of the death benefit of a policy while the insured is alive, to pay
