Recent Posts:
How to Use Life Insurance in Your Retirement Planning
While most people associate life insurance with the death benefit used to provide a financial safety net for loved ones, many policies also offer financial benefits that can be used for retirement planning. To help you get the most value out of your policy, we’ll discuss how you can use life insurance in your retirement planning.
What is Adverse Selection and Why Does It Matter For Life Insurance?
Adverse selection is a concept with a widespread impact on the insurance industry. Learn everything you need to know about adverse selection in this helpful guide.
Financial Advisors: Should You Use a 1035 Exchange to Optimize Life Insurance?
Life insurance is a long-term asset. Over the decades a life insurance policy is in force, your client’s financial situation is likely to evolve. Sometimes, that evolution is so significant that the existing life coverage is no longer a good fit.
What Is An Inforce Illustration and Why You Should Request One?
An inforce illustration is an estimate of how a life insurance policy’s cash value balance will change over time. The illustration can be incredibly useful in your financial planning, because — unfortunately — life insurance policies can go sideways.
Long-Term Care Rider: How to Pay for Care & Maximize Your Life Insurance
Learn how a long-term care rider can help pay for care, plus alternatives like life settlements and Medicaid to maximize your financial options.
Guide to Chronic Illness Riders and Alternatives
A chronic illness rider is a feature available on life insurance that funds long-term care costs when you have a permanent or terminal illness. Some chronic illness riders specify the conditions or diseases that are eligible for benefits, but many do not.
How to Borrow Against Your Life Insurance Policy
Read on for a walk-through of the mechanics of borrowing from life insurance, including the terms, tax consequences, borrowing limits, and the pros and cons. With that base of knowledge, you’ll be ready to decide if a life insurance loan is right for you.
8 Best Retirement Investments: What to Invest in Before and During Retirement
Looking for the best retirement investments to fund your golden years? You’re in the right place. Here’s a review of eight investment assets and accounts suitable for retirement planners and retirees, along with guidance on how much money you actually need to retire.
What is Best Execution and Why Is It Important?
If you trade securities in the stock market, the best execution rule from FINRA (Financial Industry Regulatory Authority) impacts you. Or, more accurately stated, the best execution rule protects you and your clients from conflicts of interest that can arise from the trade execution process.