The living benefits that come with a Permanent policy aren’t anything new, they just haven’t seen the same exposure as pension plans, 401K’s and other such savings and retirement vehicles of generations past. However, this is changing as insurance grows to be more modernized. As technology evolves, each industry mustContinue Reading

Wherever there is public opinion, the potential for misconstrued truths and even myths are probable. Whole Life Insurance is no exception. There are many misunderstandings in regards to the way Whole Life Insurance works and its benefits. Some misconceptions are the result of individual opinion, however, there are quite aContinue Reading

Gone are the days when companies incentivized  employees with a healthy pension for  retirement. Now, more than ever, are Americans having to take retirement into their own hands. And apparently 36 percent of adults are not saving for retirement at all ( There are a few reasons why individuals todayContinue Reading

For many people, regular physical exercise can be a challenge. It can take a lot of discipline and work when choosing to keep one’s body healthy. Fitness experts all the time tell individuals to stay consistent because typically, results don’t come immediately – however, they eventually do come. Just likeContinue Reading

For many individuals unfamiliar with how life insurance works, understanding it as an asset can come as a surprise. Key attributes of Life Insurance include, liquidity, tax-free growth, market protection, and guaranteed growth  – those living benefits are in addition to a policy also providing a death benefit. But whatContinue Reading

The term “double indemnity” was made immortal from Edward G. Robinson’s 1944 film titled, Double Indemnity. Nominated for 7 Academy Awards (though winning none) the film became a classic and was often heralded as the first “film noir” that set the standard for the genre. Little did the movie makersContinue Reading

MEC stands for Modified Endowment Contract. By law, the Internal Revenue Service limits the amount of cash value that can be accumulated in a life insurance policy. The amount of cash value must be relative to the amount of death benefit that the policy purchased. If the cash value andContinue Reading