Life Insurance. A Protected Asset
As I mentioned in another post, Life Insurance is not just about dying anymore. The policies today do so much more than they did even 10 years ago. It’s true. Life Insurance is designed to protect us from an untimely death and we’ve also learned that your death...
Life Insurance. It’s Not Just About Dying
About 10 years ago, a large insurance company asked some of their policy holders, “What do you want to see from your life insurance policy”? Someone in the room shouted, “Give us our money before we die!” As you might imagine, laughter filled the room. That day was...
The Only Term Insurance Worth Buying
There are two basic types of life insurance: Permanent and Term. Permanent is… well, permanent. Term is for a period of time say 10, 20 or 30 years. Unless you’ve been hiding under a rock, by now you have probably heard the “talking heads” say NEVER buy permanent life...
What’s a LIRP and Why You Need One
A LIRP is a Life Insurance Retirement Plan. I suspect I just lost about half my readers but for those of you who are still reading, stay with me. I promise you will be glad you did! In December of 2023, it was reported that 53% of Americans have less than $10,000...
