Insurance Pro Blog Podcast | Life Insurance and Annuity Insights

If I had to pick one, and only one, additional feature of whole life insurance, it is hands down the paid-up additions feature.  Even if I lose the ability to blend death benefit, if I still have the PUA feature, I'm in a position to augment policy value.  This very special aspect of whole life ... Keep Reading

According to a recent article penned by Leslie Scism at the Wall Street Journal, “sales of a life-insurance policy tied to the longest bull market in U.S. history are soaring.” There’s a lot to unpack from that statement. But that’s the opening statement and it gives you a taste of what you can expect if ... Keep Reading

Industry chatter about indexed universal life insurance spans a wide spectrum of woohoo! and boohoo!  Regardless of your position on the product, the one apparent consensus is: the product is on fire!  Sales for indexed universal life insurance are up up UP!  And if I end one more sentence with an exclamation, you'll probably want ... Keep Reading

We started podcasting seven years ago.  It seems a little crazy to me to write that.  But our first foray into the podcasting began in early September 2012 with the Financial Procast.  Here's the very first episode if you'd like to know what we sounded like when we recorded using whatever microphones we could find […]

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The taxability of life insurance cash surrender value causes much confusion.  Agents often extol the tax free nature of life insurance.  But the marketing brochures often have numerous footnotes on the tax subject. So is your the cash surrender value of life insurance taxable?  The answer is yes.  The answer is also no.  The truth […]

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You might have heard that whole life insurance cost more than term life insurance. This very statement is the foundation of many arguments suggesting that term life insurance is simply a smarter financial decision.   We wanted to test this argument, so we gathered some data to understand what makes term life insurance cost so much […]

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In a statement made by CEO Eileen McDonnell and President Dave O'Malley, Penn Mutual announced it will suspend the sale of its life insurance and annuity contracts in the state of New York. The suspension comes in two phases.   Phase number one affects the sale of annuities.  Effective August 30, 2019, Penn Mutual will no […]

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It's hard to figure out what life insurance policy is best.  When it comes to purchases focusing on cash value, we want an easy way to compare policies and declare a winner.  A naturally obvious way to do this is focusing on anticipated rate of return.  But how people go about sorting this out often […]

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We're no strangers to voicing our concerns about lofty indexed universal life insurance assumptions.  In fact, we were an early voice seeking to temper the returns on IUL as the product began picking up serious steam nearly a decade ago.  Then came the complaints from major life insurers.  Most of those insurers had a vested […]

The post IUL Bonuses Pay You Double Digits? appeared first on The Insurance Pro Blog.

For most agents, return of premium life insurance likely conjures up thoughts about term life insurance.  This comes from the marketing hurrah over return of premium term life insurance now over a decade ago. The success of that product wasn't smashing.  However, that does not mean insurance consumers show zero interest in the ability to […]

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