Hey, guess what!? This article is also available as a print-friendly PDF handout. Click here! We’re focusing this month on the importance of life insurance policy reviews. Conducting regular performance evaluations for your clients is an easy way to connect and get a good overall picture of their financial situation. It gives you an opportunity […]
This December, we’re taking the opportunity to reflect back upon the past year – and what a year it has been. At the forefront of the conversation has been the passage of the Tax Cuts & Jobs Act (TCJA) at the tail end of 2017. The TCJA promised sweeping reform across the insurance industry, both […]
According to LIMRA, more than 60% of U.S. life insurance policy owners don’t fully understand what policies they hold, why they were originally purchased, or how they are currently performing. When it comes to life insurance holdings, the unknown can be risky and underperforming policies may be in danger of future lapse. If your client […]
We’ve advised readers in the past against dropping existing life insurance policies simply because of the temporary increase in the estate tax exemption. Instead, now is the time to review existing policies, possibly simplify techniques or repurpose its use. Not sure how? Here’s a list of seven strategies for repurposing existing life insurance.
Now that the Tax Cuts and Jobs Act has become law, some of your high net worth clients might be asking you whether they should maintain/continue paying premiums on an existing life insurance policy purchased to help provide estate tax liquidity. In situations where permanent insurance is no longer needed because the need for the […]