I would urge anyone who intends to read this write up to first read all of the rest of the Whole Life “How it Works” write-ups with the exception of the “infinite banking” write-up which pertains to a unique and ill-conceived WL sales approach. This is one of two final write-up in that series discussing obstacles pertaining to attempts to compare WL products. STANDARD INTRODUCTORY COMMENTS Whole Life (WL) is the most complex product ever
What You Need to Know-Whole Life
“HOW IT WORKS”; #11) WHOLE LIFE: SAMPLE PAST COMPARISONS OF WHOLE LIFE POLICIES
I would urge anyone who intends to read this write up to first read all of the rest of the Whole Life “How it Works” write-ups with the exception of the “infinite banking” write-up which pertains to a unique and ill-conceived WL sales approach. This is one of two final write-ups in the series discussing WL products. STANDARD INTRODUCTORY COMMENTS Whole Life (WL) is the most complex product ever developed by the life insurance industry.
“HOW IT WORKS”; #12) WHOLE LIFE: INFINITE BANKING NONSENSE
“HOW IT WORKS” SERIES; WHOLE LIFE: “INFINITE BANKING” OR “INFINITE NONSENSE” To understand what is communicated in this write up a comprehensive understanding of Whole Life (WL) is essential. Anyone hoping to follow the logic discussed below would benefit from reading all of the other “How it Works” write-ups on WL. Absent that, one might view some of what’s said as opinion, not fact. This write-up addresses a decades old sales concept recommending the use
Life Insurance – An Industry in Crisis
If the life insurance industry is truly in a state of crisis, why isn’t this fact being reported every day in the media. Now that’s a good question. I suspect their are a couple of good answers. Until regulators start sounding the alarm bell the average reporter wouldn’t have a clue a problem exists. It’s not like the media pundits are sitting up late at night wondering how things are going in the life insurance