If you’ve heard of whole life insurance, you may have heard some mixed messages about it. So let’s dispel the two big myths about whole life insurance – that it is inaccessible and expensive. Read on to learn more about everything whole life insurance can do beyond its core purpose to provide death benefits. (more…)
Life insurance represents a key corner of the financial planning space in need of more education. Nearly three in five consumers (59%) own some form of life insurance, according to LIMRA’s 2018 Insurance Barometer Study. Yet, common questions persist, especially over the industry’s constant use of jargon.
So, with good cause, let’s review a batch of the more frequently used life insurance terms. (more…)