Family Protection Posts

What Are The Different Types of Life Insurance Policies?

Life insurance policies can be very simple or extremely complex given the circumstances. Much of this is a function of the type of policy and how it is being used.

Irrevocable Life Insurance Trust (ILIT) for Estate Planning

Life insurance owned by an irrevocable life insurance trust (ILIT) can be the easiest and most efficient way to reduce estate taxes and preserve your wealth.

The Benefits of a Life Insurance 1035 Exchange

A life insurance 1035 Exchange is a tax-free transfer of policy values from a life insurance or annuity policy to a new policy. This allows policy owners to avoid taxation on policy gains from the old policy to the new policy. Section 1035 of the...
Naming Your Life Insurance Policy Beneficiary – Things to Consider

Naming Your Life Insurance Policy Beneficiary – Things to Consider

One of the most important parts of owning a life insurance policy is naming the beneficiary.

Properly naming the beneficiary of a life insurance policy can be a key decision to ensure the proceeds are distributed and used properly.

We have compiled a list of questions and answers to help provide additional guidance.

Naming Your Life Insurance Policy Beneficiary – Things to Consider

One of the most important parts of owning a life insurance policy is naming the beneficiary.

Properly naming the beneficiary of a life insurance policy can be a key decision to ensure the proceeds are distributed and used properly.

We have compiled a list of questions and answers to help provide additional guidance.

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2018 Whole Life Insurance Dividend Rate Annoucements

Most insurance companies have announced their 2018 whole life insurance dividend rate and payout for the upcoming year.

This years announcement is trending with continued declines in declared dividend rates for most companies. Some companies have made it easy to learn what the dividend rate will be for the upcoming year. Others, prefer to hide the information or just not publish it at all.

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7 Advantages of Term Life Insurance for Family Protection

Term life insurance is the easiest and most affordable way to protect against the financial loss of a parent.

Term life insurance is the most sensible solution to the problem most families are trying to solve – making sure your family would be financially secure if something happened to you or your spouse.

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