Life insurance companies typically give loans against endowment policies if you have been a policyholder for a stipulated minimum number of years- usually between three and five years. Life insurance policy will also pay the claim in case of death. The knowledge that you have insurance should be a relieving factor, but that is not to say that you do no take the necessary precautions. They offer the higher of the sum assured and the fund value to the nominee upon the death of the policyholder.

Investment strategy:

Life insurance policy offers investment strategies. Some fund options are for those who do not wish to take calls on which funds to invest in. It adopts a strategy of maximizing the earnings when the capital market is soaring by locking returns and protecting the investment during volatile markets by limiting equity exposure.

For those who would like to manage their own portfolio, there are also many funds. If you stay in the plans for more than 10 years, the policy rewards you with the guaranteed loyalty units that added to your fund values at the end of 10,15 and 20 years at the rate of some percent. You can surrender your policy at any time of the year provided you have paid the premiums for three continuous years. The surrender value, however will be payable only after the completion of the third policy.

Features:

Affordable insurance is not a contract of indemnity, one can have more than one insurance policy, and in the event of death of the policy holder, all policies pay the sum insured. In practice most of the life insurance agents do collect and deposit the premium on the policies sold by them, it is not obligatory on their apart to do so. In fact, after issuance of the affordable life insurance, the responsibility of keeping the policy on force lies on the policyholder. Therefore there is no provision to penalize agents for not collecting the premium before the due date. Most of the insurers these days have the facility of payment of premium online.

Helping hand:

Poor people can either go for individual policies or joint policy. If you discontinue a term affordable life insurance policy, you do not lose financially. However obtain a fresh policy before discontinuing the existing policy, so that there is no break in the risk cover. Looking at the overall you can find it moderate in terms of costs and flexibility.

BEST LIFE INSURANCE BROKER :: Click here now www.BestLifeInsuranceBrokers.com

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2. Life Insurance Policies – What's the Difference? The Answer is a Lot :: From Best Life Insurance Brokers
3. Good Investment? Life Insurance Benefits :: From Best Life Insurance Brokers

I know what your thinking, “when did life insurance become an investment?” With the recent decline of the stock and real estate markets, many are rethinking insurance as an asset class. Products like whole life, universal life, and indexed universal life have maintained their values when other assets like stocks, mutual funds, variable annuities, and real estate haven’t.

So why would you consider investing in life insurance over other investment options? First, insurance can and often does provide a guaranteed death benefit. The death benefit can ensure a positive return for your family on your investment, made via your premium payments. At life expectancy this return is often in the 6-8% range and is income tax free to the beneficiaries. That’s the equivalent of a 7.5-11% taxable return at assuming a 28% tax bracket.

Second, just like annuities and retirement accounts, the cash accumulation inside of a life insurance policy grows tax-deferred. This tax-deferral allows the money to grow faster due to the effects of compounding interest on the premiums and the subsequent gains.

Finally, similar to a ROTH account, income produced from an insurance policy can be received tax-free. So why not just use a ROTH account? Well, a ROTH account isn’t insured and the growth isn’t guaranteed. ROTH’s also have contribution and income limitations, where cash value life insurance doesn’t. Basically, a life insurance policy has the same advantages as a ROTH without the limitations, plus it offers a minimum guaranteed interest rate and a death benefit.

Let’s recap – life insurance, while not technically an investment, provides all of the following:

1. Long-term protection via a death benefit.

2. Income tax-free return on your investment (premiums) at death.

3. Tax-deferred growth on the internal cash values of the policy.

4. Potential for tax-free income from the policies cash values.

5. No contribution or income limitations.

6. A minimum guaranteed interest rate on the policies cash values.

That’s a pretty nice list of benefits for any “investment”, especially when it’s not considered one by most people. I know what you’re thinking – if permanent life insurance does all that, why do prominent advisors like Suze Orman and Dave Ramsey tell you to never use it? The simple truth is that many “old school” advisors – especially those that no longer actively practice their professions, have lost touch with current products, capabilities, and in many cases, laws and regulations that pertain to insurance and investment products.

Additionally, the advice offered by most prominent advisors is intended for “mom and pop” middle America. As such, it is often generic in nature and focuses on families with median incomes of under $50,000 per year – plus it doesn’t hurt that by making dramatic statement like “never” or “always” creates media attention and provides an audience for their message. This isn’t wrong; it is just the facts of the situation and should be heard as a “word of caution” for those needing more specific advice or one-on-one help.

To learn more about augmenting your current assets or investments with cash value life insurance, find a true “Financial Professional”. He or she will be able to discuss the pros and cons of using life insurance as an asset in your current investment portfolio. Don’t wait – there is never a good reason to delay making your financial future better.

BEST LIFE INSURANCE BROKER :: Click here now www.BestLifeInsuranceBrokers.com

Related External Links

Related posts:

1. A Perfect Investment – Could This Be It? :: From Best Life Insurance Brokers
2. A Perfect Investment – Could This Be It? :: Best Life Insurance
3. A Perfect Investment – Could This Be It? :: AAA Life Insurance

I know what your thinking, “when did life insurance become an investment?” With the recent decline of the stock and real estate markets, many are rethinking insurance as an asset class. Products like whole life, universal life, and indexed universal life have maintained their values when other assets like stocks, mutual funds, variable annuities, and real estate haven’t.

So why would you consider investing in life insurance over other investment options? First, insurance can and often does provide a guaranteed death benefit. The death benefit can ensure a positive return for your family on your investment, made via your premium payments. At life expectancy this return is often in the 6-8% range and is income tax free to the beneficiaries. That’s the equivalent of a 7.5-11% taxable return at assuming a 28% tax bracket.

Second, just like annuities and retirement accounts, the cash accumulation inside of a life insurance policy grows tax-deferred. This tax-deferral allows the money to grow faster due to the effects of compounding interest on the premiums and the subsequent gains.

Finally, similar to a ROTH account, income produced from an insurance policy can be received tax-free. So why not just use a ROTH account? Well, a ROTH account isn’t insured and the growth isn’t guaranteed. ROTH’s also have contribution and income limitations, where cash value life insurance doesn’t. Basically, a life insurance policy has the same advantages as a ROTH without the limitations, plus it offers a minimum guaranteed interest rate and a death benefit.

Let’s recap – life insurance, while not technically an investment, provides all of the following:

1. Long-term protection via a death benefit.

2. Income tax-free return on your investment (premiums) at death.

3. Tax-deferred growth on the internal cash values of the policy.

4. Potential for tax-free income from the policies cash values.

5. No contribution or income limitations.

6. A minimum guaranteed interest rate on the policies cash values.

That’s a pretty nice list of benefits for any “investment”, especially when it’s not considered one by most people. I know what you’re thinking – if permanent life insurance does all that, why do prominent advisors like Suze Orman and Dave Ramsey tell you to never use it? The simple truth is that many “old school” advisors – especially those that no longer actively practice their professions, have lost touch with current products, capabilities, and in many cases, laws and regulations that pertain to insurance and investment products.

Additionally, the advice offered by most prominent advisors is intended for “mom and pop” middle America. As such, it is often generic in nature and focuses on families with median incomes of under $50,000 per year – plus it doesn’t hurt that by making dramatic statement like “never” or “always” creates media attention and provides an audience for their message. This isn’t wrong; it is just the facts of the situation and should be heard as a “word of caution” for those needing more specific advice or one-on-one help.

To learn more about augmenting your current assets or investments with cash value life insurance, find a true “Financial Professional”. He or she will be able to discuss the pros and cons of using life insurance as an asset in your current investment portfolio. Don’t wait – there is never a good reason to delay making your financial future better.

AAA Life Insurance :: Click here now www.BestLifeInsuranceBrokers.com

Related posts:

1. A Perfect Investment – Could This Be It? :: Best Life Insurance
2. A Perfect Investment – Could This Be It? :: Banner Life Insurance
3. A Perfect Investment – Could This Be It? :: Best Life Insurance Company

I know what your thinking, “when did life insurance become an investment?” With the recent decline of the stock and real estate markets, many are rethinking insurance as an asset class. Products like whole life, universal life, and indexed universal life have maintained their values when other assets like stocks, mutual funds, variable annuities, and real estate haven’t.

So why would you consider investing in life insurance over other investment options? First, insurance can and often does provide a guaranteed death benefit. The death benefit can ensure a positive return for your family on your investment, made via your premium payments. At life expectancy this return is often in the 6-8% range and is income tax free to the beneficiaries. That’s the equivalent of a 7.5-11% taxable return at assuming a 28% tax bracket.

Second, just like annuities and retirement accounts, the cash accumulation inside of a life insurance policy grows tax-deferred. This tax-deferral allows the money to grow faster due to the effects of compounding interest on the premiums and the subsequent gains.

Finally, similar to a ROTH account, income produced from an insurance policy can be received tax-free. So why not just use a ROTH account? Well, a ROTH account isn’t insured and the growth isn’t guaranteed. ROTH’s also have contribution and income limitations, where cash value life insurance doesn’t. Basically, a life insurance policy has the same advantages as a ROTH without the limitations, plus it offers a minimum guaranteed interest rate and a death benefit.

Let’s recap – life insurance, while not technically an investment, provides all of the following:

1. Long-term protection via a death benefit.

2. Income tax-free return on your investment (premiums) at death.

3. Tax-deferred growth on the internal cash values of the policy.

4. Potential for tax-free income from the policies cash values.

5. No contribution or income limitations.

6. A minimum guaranteed interest rate on the policies cash values.

That’s a pretty nice list of benefits for any “investment”, especially when it’s not considered one by most people. I know what you’re thinking – if permanent life insurance does all that, why do prominent advisors like Suze Orman and Dave Ramsey tell you to never use it? The simple truth is that many “old school” advisors – especially those that no longer actively practice their professions, have lost touch with current products, capabilities, and in many cases, laws and regulations that pertain to insurance and investment products.

Additionally, the advice offered by most prominent advisors is intended for “mom and pop” middle America. As such, it is often generic in nature and focuses on families with median incomes of under $50,000 per year – plus it doesn’t hurt that by making dramatic statement like “never” or “always” creates media attention and provides an audience for their message. This isn’t wrong; it is just the facts of the situation and should be heard as a “word of caution” for those needing more specific advice or one-on-one help.

To learn more about augmenting your current assets or investments with cash value life insurance, find a true “Financial Professional”. He or she will be able to discuss the pros and cons of using life insurance as an asset in your current investment portfolio. Don’t wait – there is never a good reason to delay making your financial future better.

BEST LIFE INSURANCE RATES :: Click here now www.BestLifeInsuranceBrokers.com

Related posts:

1. A Perfect Investment – Could This Be It? :: Best Life Insurance
2. A Perfect Investment – Could This Be It? :: Banner Life Insurance
3. A Perfect Investment – Could This Be It? :: AAA Life Insurance

I know what your thinking, “when did life insurance become an investment?” With the recent decline of the stock and real estate markets, many are rethinking insurance as an asset class. Products like whole life, universal life, and indexed universal life have maintained their values when other assets like stocks, mutual funds, variable annuities, and real estate haven’t.

So why would you consider investing in life insurance over other investment options? First, insurance can and often does provide a guaranteed death benefit. The death benefit can ensure a positive return for your family on your investment, made via your premium payments. At life expectancy this return is often in the 6-8% range and is income tax free to the beneficiaries. That’s the equivalent of a 7.5-11% taxable return at assuming a 28% tax bracket.

Second, just like annuities and retirement accounts, the cash accumulation inside of a life insurance policy grows tax-deferred. This tax-deferral allows the money to grow faster due to the effects of compounding interest on the premiums and the subsequent gains.

Finally, similar to a ROTH account, income produced from an insurance policy can be received tax-free. So why not just use a ROTH account? Well, a ROTH account isn’t insured and the growth isn’t guaranteed. ROTH’s also have contribution and income limitations, where cash value life insurance doesn’t. Basically, a life insurance policy has the same advantages as a ROTH without the limitations, plus it offers a minimum guaranteed interest rate and a death benefit.

Let’s recap – life insurance, while not technically an investment, provides all of the following:

1. Long-term protection via a death benefit.

2. Income tax-free return on your investment (premiums) at death.

3. Tax-deferred growth on the internal cash values of the policy.

4. Potential for tax-free income from the policies cash values.

5. No contribution or income limitations.

6. A minimum guaranteed interest rate on the policies cash values.

That’s a pretty nice list of benefits for any “investment”, especially when it’s not considered one by most people. I know what you’re thinking – if permanent life insurance does all that, why do prominent advisors like Suze Orman and Dave Ramsey tell you to never use it? The simple truth is that many “old school” advisors – especially those that no longer actively practice their professions, have lost touch with current products, capabilities, and in many cases, laws and regulations that pertain to insurance and investment products.

Additionally, the advice offered by most prominent advisors is intended for “mom and pop” middle America. As such, it is often generic in nature and focuses on families with median incomes of under $50,000 per year – plus it doesn’t hurt that by making dramatic statement like “never” or “always” creates media attention and provides an audience for their message. This isn’t wrong; it is just the facts of the situation and should be heard as a “word of caution” for those needing more specific advice or one-on-one help.

To learn more about augmenting your current assets or investments with cash value life insurance, find a true “Financial Professional”. He or she will be able to discuss the pros and cons of using life insurance as an asset in your current investment portfolio. Don’t wait – there is never a good reason to delay making your financial future better.

BEST LIFE INSURANCE :: Click here now www.BestLifeInsuranceBrokers.com

Related posts:

1. A Perfect Investment – Could This Be It? :: Banner Life Insurance
2. A Perfect Investment – Could This Be It? :: AAA Life Insurance
3. A Perfect Investment – Could This Be It? :: Best Life Insurance Company

I know what your thinking, “when did life insurance become an investment?” With the recent decline of the stock and real estate markets, many are rethinking insurance as an asset class. Products like whole life, universal life, and indexed universal life have maintained their values when other assets like stocks, mutual funds, variable annuities, and real estate haven’t.

So why would you consider investing in life insurance over other investment options? First, insurance can and often does provide a guaranteed death benefit. The death benefit can ensure a positive return for your family on your investment, made via your premium payments. At life expectancy this return is often in the 6-8% range and is income tax free to the beneficiaries. That’s the equivalent of a 7.5-11% taxable return at assuming a 28% tax bracket.

Second, just like annuities and retirement accounts, the cash accumulation inside of a life insurance policy grows tax-deferred. This tax-deferral allows the money to grow faster due to the effects of compounding interest on the premiums and the subsequent gains.

Finally, similar to a ROTH account, income produced from an insurance policy can be received tax-free. So why not just use a ROTH account? Well, a ROTH account isn’t insured and the growth isn’t guaranteed. ROTH’s also have contribution and income limitations, where cash value life insurance doesn’t. Basically, a life insurance policy has the same advantages as a ROTH without the limitations, plus it offers a minimum guaranteed interest rate and a death benefit.

Let’s recap – life insurance, while not technically an investment, provides all of the following:

1. Long-term protection via a death benefit.

2. Income tax-free return on your investment (premiums) at death.

3. Tax-deferred growth on the internal cash values of the policy.

4. Potential for tax-free income from the policies cash values.

5. No contribution or income limitations.

6. A minimum guaranteed interest rate on the policies cash values.

That’s a pretty nice list of benefits for any “investment”, especially when it’s not considered one by most people. I know what you’re thinking – if permanent life insurance does all that, why do prominent advisors like Suze Orman and Dave Ramsey tell you to never use it? The simple truth is that many “old school” advisors – especially those that no longer actively practice their professions, have lost touch with current products, capabilities, and in many cases, laws and regulations that pertain to insurance and investment products.

Additionally, the advice offered by most prominent advisors is intended for “mom and pop” middle America. As such, it is often generic in nature and focuses on families with median incomes of under $50,000 per year – plus it doesn’t hurt that by making dramatic statement like “never” or “always” creates media attention and provides an audience for their message. This isn’t wrong; it is just the facts of the situation and should be heard as a “word of caution” for those needing more specific advice or one-on-one help.

To learn more about augmenting your current assets or investments with cash value life insurance, find a true “Financial Professional”. He or she will be able to discuss the pros and cons of using life insurance as an asset in your current investment portfolio. Don’t wait – there is never a good reason to delay making your financial future better.

BEST LIFE INSURANCE COMPANY :: Click here now www.BestLifeInsuranceBrokers.com

Related posts:

1. A Perfect Investment – Could This Be It? :: Best Life Insurance
2. A Perfect Investment – Could This Be It? :: Banner Life Insurance
3. A Perfect Investment – Could This Be It? :: AAA Life Insurance

I know what your thinking, “when did life insurance become an investment?” With the recent decline of the stock and real estate markets, many are rethinking insurance as an asset class. Products like whole life, universal life, and indexed universal life have maintained their values when other assets like stocks, mutual funds, variable annuities, and real estate haven’t.

So why would you consider investing in life insurance over other investment options? First, insurance can and often does provide a guaranteed death benefit. The death benefit can ensure a positive return for your family on your investment, made via your premium payments. At life expectancy this return is often in the 6-8% range and is income tax free to the beneficiaries. That’s the equivalent of a 7.5-11% taxable return at assuming a 28% tax bracket.

Second, just like annuities and retirement accounts, the cash accumulation inside of a life insurance policy grows tax-deferred. This tax-deferral allows the money to grow faster due to the effects of compounding interest on the premiums and the subsequent gains.

Finally, similar to a ROTH account, income produced from an insurance policy can be received tax-free. So why not just use a ROTH account? Well, a ROTH account isn’t insured and the growth isn’t guaranteed. ROTH’s also have contribution and income limitations, where cash value life insurance doesn’t. Basically, a life insurance policy has the same advantages as a ROTH without the limitations, plus it offers a minimum guaranteed interest rate and a death benefit.

Let’s recap – life insurance, while not technically an investment, provides all of the following:

1. Long-term protection via a death benefit.

2. Income tax-free return on your investment (premiums) at death.

3. Tax-deferred growth on the internal cash values of the policy.

4. Potential for tax-free income from the policies cash values.

5. No contribution or income limitations.

6. A minimum guaranteed interest rate on the policies cash values.

That’s a pretty nice list of benefits for any “investment”, especially when it’s not considered one by most people. I know what you’re thinking – if permanent life insurance does all that, why do prominent advisors like Suze Orman and Dave Ramsey tell you to never use it? The simple truth is that many “old school” advisors – especially those that no longer actively practice their professions, have lost touch with current products, capabilities, and in many cases, laws and regulations that pertain to insurance and investment products.

Additionally, the advice offered by most prominent advisors is intended for “mom and pop” middle America. As such, it is often generic in nature and focuses on families with median incomes of under $50,000 per year – plus it doesn’t hurt that by making dramatic statement like “never” or “always” creates media attention and provides an audience for their message. This isn’t wrong; it is just the facts of the situation and should be heard as a “word of caution” for those needing more specific advice or one-on-one help.

To learn more about augmenting your current assets or investments with cash value life insurance, find a true “Financial Professional”. He or she will be able to discuss the pros and cons of using life insurance as an asset in your current investment portfolio. Don’t wait – there is never a good reason to delay making your financial future better.

BANNER LIFE INSURANCE :: Click here now www.BestLifeInsuranceBrokers.com

Related posts:

1. A Perfect Investment – Could This Be It? :: Best Life Insurance
2. A Perfect Investment – Could This Be It? :: AAA Life Insurance
3. A Perfect Investment – Could This Be It? :: Best Life Insurance Company

I know what your thinking, “when did life insurance become an investment?” With the recent decline of the stock and real estate markets, many are rethinking insurance as an asset class. Products like whole life, universal life, and indexed universal life have maintained their values when other assets like stocks, mutual funds, variable annuities, and real estate haven’t.

So why would you consider investing in life insurance over other investment options? First, insurance can and often does provide a guaranteed death benefit. The death benefit can ensure a positive return for your family on your investment, made via your premium payments. At life expectancy this return is often in the 6-8% range and is income tax free to the beneficiaries. That’s the equivalent of a 7.5-11% taxable return at assuming a 28% tax bracket.

Second, just like annuities and retirement accounts, the cash accumulation inside of a life insurance policy grows tax-deferred. This tax-deferral allows the money to grow faster due to the effects of compounding interest on the premiums and the subsequent gains.

Finally, similar to a ROTH account, income produced from an insurance policy can be received tax-free. So why not just use a ROTH account? Well, a ROTH account isn’t insured and the growth isn’t guaranteed. ROTH’s also have contribution and income limitations, where cash value life insurance doesn’t. Basically, a life insurance policy has the same advantages as a ROTH without the limitations, plus it offers a minimum guaranteed interest rate and a death benefit.

Let’s recap – life insurance, while not technically an investment, provides all of the following:

1. Long-term protection via a death benefit.

2. Income tax-free return on your investment (premiums) at death.

3. Tax-deferred growth on the internal cash values of the policy.

4. Potential for tax-free income from the policies cash values.

5. No contribution or income limitations.

6. A minimum guaranteed interest rate on the policies cash values.

That’s a pretty nice list of benefits for any “investment”, especially when it’s not considered one by most people. I know what you’re thinking – if permanent life insurance does all that, why do prominent advisors like Suze Orman and Dave Ramsey tell you to never use it? The simple truth is that many “old school” advisors – especially those that no longer actively practice their professions, have lost touch with current products, capabilities, and in many cases, laws and regulations that pertain to insurance and investment products.

Additionally, the advice offered by most prominent advisors is intended for “mom and pop” middle America. As such, it is often generic in nature and focuses on families with median incomes of under $50,000 per year – plus it doesn’t hurt that by making dramatic statement like “never” or “always” creates media attention and provides an audience for their message. This isn’t wrong; it is just the facts of the situation and should be heard as a “word of caution” for those needing more specific advice or one-on-one help.

To learn more about augmenting your current assets or investments with cash value life insurance, find a true “Financial Professional”. He or she will be able to discuss the pros and cons of using life insurance as an asset in your current investment portfolio. Don’t wait – there is never a good reason to delay making your financial future better.

BEST LIFE INSURANCE BROKER :: Click here now www.BestLifeInsuranceBrokers.com

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3. A Perfect Investment – Could This Be It? :: Banner Life Insurance

The Wall Street Journal recently warned that thousands of older Universal Life Insurance policies are failing due to Life Insurance companies having credited much lower interest rates over the years than they originally projected when these policies were first purchased. This interest deficit leaves the policy owner on the hook for unplanned-for cash-value shortfalls and policy expenses. These factors determine how long the policy will last based on the original non-guaranteed planned premium. Many of these so-called permanent policies are subject to early lapse in spite of the fact that the policy owner had been paying his billed “planned premium” each and every year. It’s all too common that neither the original agent who sold the policy nor the life insurance company ever took the time to educate the policy owner about the fact that the so-called “planned premium” they’ve been paying all these years was based on assumptions that failed to materialize. As a result, thousands of policy owners who expected to keep the policy in force until the insured’s death have been receiving lapse notices when the insureds are at advanced ages with medical conditions that preclude them from any reasonable economic options. In addition, if the worst happens and a policy lapses, its demise can result in a big tax income tax bill to the policy owner.

Fortunately, many older insureds are able to leverage their relatively good health combined with the cash value in their old policies and our physician-directed medical underwriting to qualify for the same coverage at a much lower cost. To address these very serious issues, we provide you with the following 3 of The 7 Secrets to Saving 50% to 100% on your Life Insurance Costs:

1. How to Double your Life Insurance Death Benefit at the Same Cost, Guaranteed. A large number of top rated life insurance companies are now offering guaranteed premium Universal Life insurance products with innovative premium payment strategies that can actually double an insureds death benefit at the same original outlay, assuming they qualify medically. These new Guaranteed Universal Life Insurance policies are much more competitively priced and have far stronger guarantees than older Whole Life and Universal Life policies.

A 67 year old husband and wife had an old Last-To-Die policy with a non-guaranteed death benefit of $1,200,000 at a $13,625 annual outlay. Their new policy had a guaranteed death benefit of $1,825,000, a 51% increase in death benefit, at a $6,000 annual outlay, a decrease of 56% in cost. The new policy was guaranteed to their age 100 by one of the highest rated and safest insurance companies in America.

Their older policy had a so-called blend of Term Insurance and Whole Life to maintain the total original death benefit. Most people are unaware of the fact that the Term Insurance portion of their Whole Life insurance policy is not guaranteed. The price of this term component can be increased by the parent company anytime the company feels the product is not profitable enough.

2. Using a Physician Directed Medical Underwriting approach consistently achieves the best possible insurance company ratings, resulting in the lowest possible outlay. The average life insurance agent typically submits your application to only 1 or 2 insurance companies and simply waits and hopes for the best underwriting offer. Life Insurance agents don’t normally have any real resources to make a difference in the dynamic process of medically underwriting your risk. Many agents often turn over the responsibility of ordering your private medical records to the insurance companies themselves, which is the worst thing they can do for their client, for many reasons. Because Doctors are now so afraid of potential lawsuits, they routinely write down everything in your medical file including remotely suspected and often unsubstantiated medical issues. This way, if a serious medical condition develops in the future with one of their patients who may be the litigious type, they have a written record to protect themselves. Unfortunately, this “write everything down and cover yourself” approach with today’s medicine causes many difficulties for older people who apply for life insurance. The problem is that when they apply for life insurance, insurance companies search their medical records for keywords in their medical records like cancer, heart disease, diabetes, high blood pressure, stroke and carcinoma. Even when the medical issue was simply suspected and turned out to be nothing, insurance companies routinely rate you up and charge you a higher premium.

The better way to underwrite is to have a physician obtain and review each of your medical records before they go to the insurance company. If something is in your records where your doctor more than likely wrote something to “cover themselves”, the physician will personally call the doctor to confirm his suspicion. If it was, in fact, a Cover Yourself item, which it often is, he will ask your Doctor send a follow up letter to the insurance company which accurately explains the issue away. This kind of “hands on” medical underwriting approach obtains consistently low premiums from Life Insurance companies.

In addition to your medical records being reviewed, an insurance physical is completed by a doctor at your home. Generally you should do this physical first thing in the morning, because you have to fast for 8 hours before the test and you are the most calm early in the morning.

After these steps are complete, don’t apply to only 1 or 2 insurance companies, your complete medical package and insurance exam should go to the 10 highest rated insurance companies that specialize in low outlay, guaranteed life insurance policies. Today, Life Insurance companies are quite willing to compete for your business. Out of the 10 companies, often 1 or 2 will give a much better medical rating than the other companies. This translates into the lowest possible outlay for you.

For example, a 65 year old recently applied for $2 million of life insurance who had a number of health issues which included a history of cancer and physical disability. The best underwriting offer he had gotten was a “Standard”. However, another insurance company that had originally offered him Standard agreed to a make a Business Decision and give him a “Preferred” health rating. His new insurance death benefit

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The Wall Street Journal recently warned that thousands of older Universal Life Insurance policies are failing due to Life Insurance companies having credited much lower interest rates over the years than they originally projected when these policies were first purchased. This interest deficit leaves the policy owner on the hook for unplanned-for cash-value shortfalls and policy expenses. These factors determine how long the policy will last based on the original non-guaranteed planned premium. Many of these so-called permanent policies are subject to early lapse in spite of the fact that the policy owner had been paying his billed “planned premium” each and every year. It’s all too common that neither the original agent who sold the policy nor the life insurance company ever took the time to educate the policy owner about the fact that the so-called “planned premium” they’ve been paying all these years was based on assumptions that failed to materialize. As a result, thousands of policy owners who expected to keep the policy in force until the insured’s death have been receiving lapse notices when the insureds are at advanced ages with medical conditions that preclude them from any reasonable economic options. In addition, if the worst happens and a policy lapses, its demise can result in a big tax income tax bill to the policy owner.

Fortunately, many older insureds are able to leverage their relatively good health combined with the cash value in their old policies and our physician-directed medical underwriting to qualify for the same coverage at a much lower cost. To address these very serious issues, we provide you with the following 3 of The 7 Secrets to Saving 50% to 100% on your Life Insurance Costs:

1. How to Double your Life Insurance Death Benefit at the Same Cost, Guaranteed. A large number of top rated life insurance companies are now offering guaranteed premium Universal Life insurance products with innovative premium payment strategies that can actually double an insureds death benefit at the same original outlay, assuming they qualify medically. These new Guaranteed Universal Life Insurance policies are much more competitively priced and have far stronger guarantees than older Whole Life and Universal Life policies.

A 67 year old husband and wife had an old Last-To-Die policy with a non-guaranteed death benefit of $1,200,000 at a $13,625 annual outlay. Their new policy had a guaranteed death benefit of $1,825,000, a 51% increase in death benefit, at a $6,000 annual outlay, a decrease of 56% in cost. The new policy was guaranteed to their age 100 by one of the highest rated and safest insurance companies in America.

Their older policy had a so-called blend of Term Insurance and Whole Life to maintain the total original death benefit. Most people are unaware of the fact that the Term Insurance portion of their Whole Life insurance policy is not guaranteed. The price of this term component can be increased by the parent company anytime the company feels the product is not profitable enough.

2. Using a Physician Directed Medical Underwriting approach consistently achieves the best possible insurance company ratings, resulting in the lowest possible outlay. The average life insurance agent typically submits your application to only 1 or 2 insurance companies and simply waits and hopes for the best underwriting offer. Life Insurance agents don’t normally have any real resources to make a difference in the dynamic process of medically underwriting your risk. Many agents often turn over the responsibility of ordering your private medical records to the insurance companies themselves, which is the worst thing they can do for their client, for many reasons. Because Doctors are now so afraid of potential lawsuits, they routinely write down everything in your medical file including remotely suspected and often unsubstantiated medical issues. This way, if a serious medical condition develops in the future with one of their patients who may be the litigious type, they have a written record to protect themselves. Unfortunately, this “write everything down and cover yourself” approach with today’s medicine causes many difficulties for older people who apply for life insurance. The problem is that when they apply for life insurance, insurance companies search their medical records for keywords in their medical records like cancer, heart disease, diabetes, high blood pressure, stroke and carcinoma. Even when the medical issue was simply suspected and turned out to be nothing, insurance companies routinely rate you up and charge you a higher premium.

The better way to underwrite is to have a physician obtain and review each of your medical records before they go to the insurance company. If something is in your records where your doctor more than likely wrote something to “cover themselves”, the physician will personally call the doctor to confirm his suspicion. If it was, in fact, a Cover Yourself item, which it often is, he will ask your Doctor send a follow up letter to the insurance company which accurately explains the issue away. This kind of “hands on” medical underwriting approach obtains consistently low premiums from Life Insurance companies.

In addition to your medical records being reviewed, an insurance physical is completed by a doctor at your home. Generally you should do this physical first thing in the morning, because you have to fast for 8 hours before the test and you are the most calm early in the morning.

After these steps are complete, don’t apply to only 1 or 2 insurance companies, your complete medical package and insurance exam should go to the 10 highest rated insurance companies that specialize in low outlay, guaranteed life insurance policies. Today, Life Insurance companies are quite willing to compete for your business. Out of the 10 companies, often 1 or 2 will give a much better medical rating than the other companies. This translates into the lowest possible outlay for you.

For example, a 65 year old recently applied for $2 million of life insurance who had a number of health issues which included a history of cancer and physical disability. The best underwriting offer he had gotten was a “Standard”. However, another insurance company that had originally offered him Standard agreed to a make a Business Decision and give him a “Preferred” health rating. His new insurance death benefit

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