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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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Which Cash Value Life Insurance is Better? Whole Life vs Indexed Universal Life

Which Cash Value Life Insurance is better… Whole Life or Indexed Universal Life? Below is a quick analysis of whole life vs indexed universal life insurance: The most unique feature of permanent life insurance is that under Section 72(e) and 7702 of the Internal Revenue Code the accumulation of cash inside the insurance contract is tax  Click to Continue

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What is Term Life Insurance?

What is Term Life Insurance? Term life insurance can provide you with coverage for a specified period of time (the stated “term” in the policy). With this type of insurance, the owner’s beneficiary or beneficiaries will receive the stated amount of insurance in the event he or she passes away during the term period. However,  Click to Continue

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Hedging Strategies of Life Insurance Companies Explained

Insurance companies are some of the very best in the world at hedging. Hedging strategies of life insurance companies are complex, but there are some high level terms and process that are fairly easy to understand. Here are the two primary lessons this video will teach you: Learn why returns are different between static and  Click to Continue

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Can Employers Purchase Life Insurance Policies on Their Employees?

The discussion of life insurance is typically not a joyous occasion given that it is always surrounding a delicate subject. This fact is even more true when the beneficiary of the life insurance policy is not the person’s family, but their employer. Yes, we’re talking about the fact that employers purchase Life Insurance policies ON  Click to Continue

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How to Buy Your Auto Insurance at Walmart [Video]

Were you aware that you could buy your auto insurance at Walmart now? That’s right, Walmart has now moved into yet another industry where they hope to make buying auto insurance easier (and cheaper) for all Americans. The large retailer recently formed an exclusive distribution deal with AutoInsurance.com where consumers will be able to perform quick  Click to Continue

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Do Children Need Life Insurance?

Many new parents who strive to grow a financially healthy and stable family may wonder the following question: “Do children need life insurance?” As with most savings and retirement planning related questions, there is not a one-size-fits all answer. Basically, there are two sides to the argument: Those who believe that Life Insurance is only  Click to Continue

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