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The Truth About Permanent Life Insurance

Over the years, the life insurance industry has grown significantly. With that growth has come the emergence of numerous types of life insurance policies. Some policies are used for pure insurance purposes – often on a temporary basis – while others are intended to be kept throughout an insured’s lifetime. There are two primary classes  Click to Continue

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Top Ten Money Mistakes

My parents were wonderful examples of the Greatest Generation. This was especially reflected in their values, integrity and spending habits. My sisters and I are Boomers who benefitted from the lessons we were taught and the sound financial decisions that our parents made. Our Dad was a financial advisor, insurance broker and a first rate  Click to Continue

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Should a 60 Something Year Old Keep Life Insurance?

Baby Boomers are headed towards retirement. In most cases, our children are grown and the big ticket expenses like college are behind us. We are reevaluating our current financial position and goals. Do we need the added expense of life insurance? Should a 60 something year old keep life insurance? Here are 5 key reasons  Click to Continue

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Is Life Insurance more Attractive than a Roth IRA?

Sometimes it’s not whether one type of product is better than another, but educating yourself on both products. By learning about both products, one or the other or both may be ideal depending on what you are trying to accomplish in your specific situation. Many people are concerned about the recent tax increases for 2013.  Click to Continue

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5 Life Insurance Industry Predictions, Ready or Not?

Melissa Etheridge sang, “the only thing that stays the same is change”. That would certainly describe the future of the Life Insurance Industry. Are you preparing for this paradigm shift? Here are 5 Life Insurance Industry Predictions, ready or not? Future Customer – Business today revolves around a knowledgeable customer and what they want. Are  Click to Continue

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What is a Modified Endowment Contract?

Are you wondering the following question: “What is a Modified Endowment Contract?” Well continue reading below to get a general understanding of them. A Modified Endowment Contract (MEC) is a special type of life insurance under federal income tax law. Specifically, the law prescribes a test that is intended to differentiate between policies that are  Click to Continue

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