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

cash vs policy loan

Were you raised to believe that debt and policy loans are bad? In America, we’re often taught that a high credit score and zero debt are the ultimate financial goals. Ask anyone who has amassed a significant amount of wealth, however, and you’ll see that cash isn’t always king andContinue Reading

Life insurance policy rider lists

“Life insurance policy riders? You mean there’s even more to consider?” You’ve done your homework. You’ve compared different types of life insurance. You’ve decided on the coverage you need at the price you can afford. But there’s another level of customization for your policy that provides you and your familyContinue Reading