Automated Underwriting Using Big Data and AI [The Future of Life Insurance]
The life insurance industry has been mostly stable over the last century or so, as current life insurance statistics show. Nevertheless (and despite Yogi Berra’s admonition to “never make predictions,...
View ArticleWhole Life Insurance Rates By Age With Charts
We often get the question “How much does whole life insurance cost,” so we put together the following whole life insurance rates by age charts below. We have whole life insurance charts that give...
View ArticleTop 7 Living Benefits of Life Insurance [Term vs Permanent Policies]
The conventional way to conceive of life insurance is as a financial failsafe protecting loved ones in the event of untimely death. In this model, life insurance is a contingent asset—a hedge against a...
View ArticleCashing Out Life Insurance [And Other Top FAQs About Your Cash Value]
Whether you already have life insurance or you’re thinking about obtaining a whole or universal life policy, cash value is likely to impact your financial planning. Indeed, if you want to fully...
View ArticleLife Insurance Statistics & Facts [2020 Edition]
We put together the following life insurance statistics and facts to help our readers get a better grasp of just how big the life insurance marketplace is, and to get a better understanding of why...
View ArticleParticipating Life Insurance [Extreme Ownership]
To get to the point, if you are considering whole life insurance, definitely choose participating life insurance over non-participating life insurance. We will get into the details below, but the main...
View ArticleThe Top 7 Advantages and Disadvantages of the Infinite Banking Concept
Infinite banking is a concept created by Nelson Nash that focuses on how you can become your own banker using dividend paying whole life insurance. Becoming your own banker means you use your whole...
View ArticleBOLI: Bank Owned Life Insurance
Bank owned life insurance (BOLI) is life insurance purchased and owned by banks. With the exception of term policies occasionally used to cover a borrower while a large debt remains outstanding,...
View ArticleCOLI: Corporate Owned Life Insurance [Pros and Cons]
There are many pros and cons of corporate owned life insurance. In the following article we will cover the various benefits of COLI, as well as discuss how these policies are structured to get the best...
View ArticleLife Insurance Financial Underwriting [Comprehensive Guide]
You may be surprised to find out that all the best life insurance companies require financial underwriting of prospective applicants when applying for coverage typically around $100,001 or more. That’s...
View ArticleColorado Wills and Trust Requirements
When deciding between a will or trust in Colorado or making other estate planning decisions in Colorado, it is important to understand the key differences between these two primary different estate...
View ArticleConnecticut Wills and Trust Requirements
When deciding between a will or trust in Connecticut or making other estate planning decisions in this state, it is important to understand the key differences between these two primary different...
View ArticleBitcoin, the Blockchain, and How Crypto is Changing Life Insurance and Estate...
If you do a simple search like “Bitcoin and Life Insurance” a flurry of articles with numerous concerns pop up. Topics of interest concern things like, whether life insurers are poised to begin...
View ArticleGeorgia Wills and Trust Requirements
When deciding between a will or trust in Georgia or making other estate planning decisions in this state, it is important to understand the key differences between these two primary different estate...
View ArticleDecentralized Finance (DeFi) and Implications for Life Insurance
Decentralized finance (DeFi) is a fast emerging ecosystem which allows financial products of all kinds, from coins to digital art (NFTs), to be made available on a decentralized blockchain network....
View ArticleHawaii Wills and Trust Requirements
When deciding between a will or trust in Hawaii or making other estate planning decisions in this state, it is important to understand the key differences between these two primary different estate...
View ArticleIdaho Wills and Trust Requirements
When deciding between a will or trust in Idaho or making other estate planning decisions in this state, it is important to understand the key differences between these two primary different estate...
View ArticleWhole Life Insurance – How a High Inflation Environment Has Impacted...
While many people purchase life insurance for the death benefit protection that it provides, there are numerous other reasons to include this financial vehicle in your portfolio. One of these is the...
View ArticleCashing Out Life Insurance [And Other Top FAQs About Your Cash Value]
Whether you already have life insurance or you’re thinking about obtaining a whole or universal life policy, cash value is likely to impact your financial planning. Indeed, if you want to fully...
View ArticleLife Insurance Statistics & Facts [2020 Edition]
We put together the following life insurance statistics and facts to help our readers get a better grasp of just how big the life insurance marketplace is, and to get a better understanding of why...
View Article
