is cash value life insurance worth it?

Cash value life insurance has been around for hundreds of years, has helped wealthy families pass on their fortunes for generations while avoiding taxes, has saved a myriad of big businesses, and is an asset every bank has on their books.  So why haven’t you heard more about it?  MaybeContinue Reading

Early retirement idea with life insurance retirement plan

Relying on a 401(k) or IRA for retirement? There may be a better option. A Life Insurance Retirement Plan (LIRP) offers increased protection and less risk than qualified, market-based retirement products. And if you plan on retiring early, it could save you tens of thousands of dollars. In this article,Continue Reading

Infinite Banking thumbnail image

As the concept of Infinite Banking gains popularity in the financial world it is important to understand the basics. What is Infinite Banking and how does it work? More importantly, who is Infinite Banking for?  For many newcomers, it can be difficult to conceptualize. If you’re trying to understand ifContinue Reading

Asset based long term care image

The majority of American’s don’t own long term care insurance policies, yet many will need long term care during their lifetime. So why no insurance? Traditional long term care insurance doesn’t guarantee a payout—it’s a ‘use it or lose it’ type of product.  What if there was an insurance productContinue Reading

Irrevocable life insurance blog image

Choosing a beneficiary for your life insurance policy seems like a fairly straightforward task; most policyholders choose their spouse or children. But in certain cases, your family really isn’t the best choice.  Sometimes, an irrevocable life insurance trust (ILIT) is the safest way to protect your family. In this article,Continue Reading

Protect your child's future with child protection rider policies.

The child protection rider (CPR) is additional insurance added to your original whole life insurance policy that provides coverage for your child in case of death. But that’s not all it’s good for. In this article, we’ll explain the benefits of a child protection rider, costs and underwriting requirements, andContinue Reading

COVID-19 and life insurance

The effects of COVID-19 on life insurance companies and their policyholders is the number one question our Wealth Strategists have been addressing over the past several months. Our most common questions about COVID-19 affecting life insurance include: How does COVID-19 affect my whole life insurance policy? Do mutual life insuranceContinue Reading

military life insurance options

Military life insurance is one of many benefits offered to active duty service members and veterans, but it’s not the only insurance option available. In fact, permanent life insurance policies like properly structured whole life insurance can offer more coverage and benefits than Servicemembers’ Group Life Insurance (SGLI), Family Servicemembers’Continue Reading

Guaranteed insurability rider definition

If you knew that you were guaranteed to be eligible for life insurance, would you buy coverage? If you currently have life insurance, do you wish you had more coverage? One of the biggest reasons people don’t have adequate insurance is because their health prevents them from qualifying for lifeContinue Reading