An Evaluation of an Indexed Universal Life Insurance Plan

“People are always looking for the single magic bullet that will totally change everything. There is no single magic bullet.” –Temple Grandin After reading this article, if you need more convincing, I perform a second evaluation of an indexed universal life (IUL) policy here. I am almost universally against life insurance that isn’t term based […]

If I Probably Will Not Receive a Life Insurance Benefit, Why Buy It?

“Insurance is the only product that both the seller and buyer hope is never actually used.” – Unknown Chances are pretty good that as long as you’re buying life insurance for insurance’s sake – meaning income replacement – and not as an investment or for some other reason, you’re not going to receive the benefit. […]

Do I Really Need Life Insurance?

Q : What’s the difference between an insurance company CEO and the mafia don? A : The insurance company CEO can tell you how many people will die this year. The mafia don can tell you the names of all of them. I recently had a tenant pass away, leaving his wife and three children. […]

Why Life Insurance Companies Should Provide Financial Planners

If you’ve recently experienced a loss in your family and are looking for information on what to do with your insurance policy, please click here. The financial planning industry paints a very incomplete picture of the outcomes in your life. We tell you to save money, get insurance, budget, and the like, and whoosh, we […]

What to do if You Receive a Life Insurance Benefit

“If ever there is a tomorrow when we’re not together, there is something you must always remember. You are braver than you believe, stronger than you seem, and smarter than you think. But the most important thing is, even if we’re apart, I’ll always be with you.” – Christopher Robin to Winnie the Pooh (hat […]

Monkey Brain is Bad for His Own Health

“Only the good die young.” –Billy Joel I don’t know anyone who is particularly good at contemplating his own mortality. We fear the unknown, and even if we have a strong religious faith, it is just that – faith. When we face something that we really don’t want to think about or deal with, we […]