Categories

Posts Under assumption Category

Your Life Insurance Agent Lied To You!

Your Life Insurance Agent Lied To You!

Don’t you just hate it when someone, anyone, lies to you for any reason? As the DOW plunges again today I’m sure one of the two biggest financial lies is running through a lot of minds, “It always comes back”. It’s just our opinion that in the whole scheme of things, while that seems to have held true over the history of the stock market, saying that it will always co...
Any Hidden Clues In This Life Insurance Report?

Any Hidden Clues In This Life Insurance Report?

You know there are times when we feel like we’re just going off based on a gut feel, not that we are, but let’s be real. Life insurance companies and life insurance agents making big commissions aren’t necessarily the best avenue for an unbiased opinion on a product. Occasionally though a piece of information will float to the top that sheds light on reality. We received a releas...
The Ethical World Of Life Insurance Sales!

The Ethical World Of Life Insurance Sales!

It’s amazing to us that, by law, we have to complete annual continuing education, and a portion of that every year has to include education on ethical relationships with customers and ethical practices in sales and service of life insurance clients. That is the teeth in the matter as far as the National Association of Insurance Commissioners is concerned. We occasionally read about someone g...
The Money Behind Indexed Universal Life?

The Money Behind Indexed Universal Life?

Where does the money driving the alleged 8% and higher annual gains in indexed universal life policies come from? The life insurance agents that sell the product as a no risk way to have life insurance and retire have several crediting methods at their disposal but most often pointed to is some form of point to point method using the S&P 500. Though we’ve never actually had someone provi...
Does Universal Sound Big To You?

Does Universal Sound Big To You?

We’ve been working through Lincoln National with a client who wanted two life insurance policies, a $250k term policy for business purposes and $150k term policy for personal insurance. Lincoln Financial has a minimum face amount for term insurance of $250k, so it put us in a bind to meet her $150k need. Lincoln had the best rate class offer by a big enough margin that we really needed to st...
The Risk Of Trusting Your Life Insurance Agent!

The Risk Of Trusting Your Life Insurance Agent!

There are people in our lives we would all like to think we can just get advice from and not be worried about the answer steering us over a cliff. Our banker, pastor and doctor are good examples. They all know there is a right thing to do  to keep our lives on track and they all know the dangers of ignoring the basics and trying to shortcut or game the system. Your life insurance agent should fal...
The Risk In Bad Life Insurance Advice!

The Risk In Bad Life Insurance Advice!

The life insurance is not immune from those who would dispense bad advice 1. Because they don’t know any better or 2. Because they rightly assume that in most cases the client don’t know any better. While life insurance falls somewhat short of rocket science, it does have enough variables to put the agent at a decided advantage over the client. A good example of this is a client of our...
Do You Feel A Little Nervous Around Indexed Universal Life?

Do You Feel A Little Nervous Around Indexed Universal Life?

At Risk Life we have been following the IUL growing pains and the moaning and groaning of clients who aren’t seeing the proof in the putting. In the financial adviser realm there is a saying, “Never use life insurance as an investment and never use an investment as life insurance.” Indexed Universal Life flies in the face of that advice with agents today reminding us of agents in...