by bleeding | Jun 12, 2023 | Life Insurance - Fundamentals
In this article I explore two relatively new types of insurance. I refer to these plans as “Living” Insurance for one good reason. These relatively new plans do not pay out an amount when an insured dies, but rather while still alive. These plans are Critical...
by bleeding | Jun 12, 2023 | Life Insurance - Fundamentals
In this article we will cover the 3 permanent plans and some important uses of life insurance. Unfortunately many people believe that life insurance is not a useful tool in their planning process and they have negative preconceived notions about it; hopefully this...
by bleeding | Jun 12, 2023 | Life Insurance - Fundamentals
This article provides you with a short general summary that explains the basis for insurance and then describes one form of life insurance, Term 10-Term-20, that can be used in a number of different ways. In essence we will be exploring how you can use insurance as...
by bleeding | Jun 12, 2023 | Life Insurance
In this article, we finish with the following details: Universal Life (UL) and Whole Life (WL) in more detail Pricing Issues and lapse rate Capital Gains tax, Tax on RRSPs and RRIFs and Joint & Last to Die coverage Permanent Insurance as an investment?...
by bleeding | Jun 12, 2023 | Life Insurance
I could write a book on Permanent Insurance, but I will do two articles on it, covering: Reasons for Permanent Insurance (PI) Types of PI and Initiation to Mortality Curve Tax Environment of Cash Value PI UL and WL in more details Pricing issues and lapse rate...
