Split-Dollar Life Insurance

A split-dollar plan allows for the splitting of cash values and the death benefit between two entities or individuals. Split-dollar has been utilized for years in funding large-premium life insurance. This type of plan can be used by individuals to fund expensive premiums, or is often used by corporations to fund a policy for an … Continue reading

Universal Life Riders to the Rescue

By Jeff Koll for LifeHealthPro.com Some of the biggest news in the employee benefits industry lately is less about new products and more about what insurance companies aren’t offering: long-term care insurance. Several major players have exited the individual long-term care market, and some carriers are discontinuing their group products as well. However, long-term care … Continue reading

Taking A Personal Approach To Selling Disability Insurance

When it comes to selling disability income insurance (DI), a common challenge brokers face is overcoming the it will never happen to me mentality among potential customers. It’s often only after someone experiences an unfortunate illness or injury that he really understands the value and significance of DI protection. This persistent barrier can be taken … Continue reading

PROTECT THE PRODUCTION POWERHOUSE

Find the Key Man and Unlock a Suite of Business A SIMPLE DIFFERENCE between a corporate key person and an industrial machine is that the person has a soul. The physical body has the disadvantage of having virtually no salvage value for its working parts. And on top of that, it must periodically halt production … Continue reading

The Hidden Benefits of Life Insurance

Uninsured and under-insured Americans might purchase more coverage if they knew more about life insurance, especially some of its commonly overlooked features. Over the years, I’ve advised many of my clients on the importance of life insurance. You’d think everyone would understand the need for life insurance in the event a wage earner or family … Continue reading