Business Planning: Key Employee Life Insurance

Key employee life insurance is designed to indemnify your business for the death of an employee who is vital to your continued business success. How it Works 1. The business pays premiums on a life insurance policy insuring your business’ key employee. 2. The business is the owner and beneficiary of the policy. 3. Upon … Continue reading

What’s driving the asset-based long-term care surge?

Combo products continue a trend of steady growth by Michael Begley Jr. Mr. Begley is regional sales director at the State Life Insurance Company  If recent sales results are any indication, an evolutionary shift is underway in the funding of long-term care. For producers wishing to offer a comprehensive array of options to serve their … Continue reading

Life & LTCI: perfect together

Linked LTCI-life insurance policies offer several compelling benefits that make them attractive, especially while yields on conservative investments and bank products remain low. First, they include a life insurance benefit. Second, they can provide extended LTC benefits at a reduced cost. Additionally, most contracts offer a refund-of-premium provision for insureds who decide to cancel the … Continue reading