Posts by Scott W Johnson

Scott W Johnson lives in Marin County with his family where he can often be found on his mountain bike. Johnson believes in assisting clients to find affordable simple life insurance plans that fit their families needs. Mr Johnson is the owner of WholeVsTermLifeInsurance.com

American Heritage Life Insurance Company

Written by Scott W Johnson

The American Heritage Life Insurance Company is an A+ rated insurer that is part of the Allstate Group of Companies offering a wide variety of products. Their AM Best A+ and Policyholder Surplus XV make them a strong candidate for consumers that are already using Allstate for Home and Auto Insurance. But should you buy your term insurance policy through them?

Direct Recognition

Written by Scott W Johnson

Direct, Not Direct Recognition which is better and which is the preferred method for whole life insurance buyers. Direct Recognition is a form of accounting used by Participating Whole Life Insurers to account for policy loans outstanding when calculating dividends. Our definition is both useful and illustrative of the various considerations that consumers need to think about when shopping for a participating insurer.

Death Benefit

Written by Scott W Johnson

The death benefit is a simple and easy concept to understand if you are shopping for life insurance. Commonly referred to as the DB or Benefit, it is the contractual obligation for the insurer to pay out if the insured dies.

Life Insurance for Attorneys

Written by Scott W Johnson

Are you an attorney shopping for life insurance? Confused by the multitude of options? Lawyers have different needs than most people as they often have a higher income and are also more debt from educational expenses such as law school. (These degrees do not come cheaply.) And as such shopping for term insurance for attorneys is not simple.

Fitbit Life Insurance

Written by Scott W Johnson

Fitbit Inc is a San Francisco company, whose corporation is based in Delaware. This fast moving company creates intriguing wearables that measure much of your lifestyle and health information. It can calculate calories burned, steps taken, miles walked, and so much more. Now – Certain Life Insurers are offering points and discounts for those that use the product and regularly meet certain conditions and you may be able to save 15% on your life insurance.

Policyholder Surplus

Written by Scott W Johnson

The policyholder surplus is a very important financial metric and assessment tool that too few consumers truly understand. PHS metrics show a slight bias to larger insurers by its own definition. Policy Holder metrics are extremely important for those wanting to purchase or consider purchasing longer term permanent policies and annuity contracts such as Whole, Universal, or various Annuities,

Principal Life Insurance Company

Written by Scott W Johnson

The Principal Life Insurance Company is an Iowa based AM Best A+ Rated Insurance conglomerate. This insurer has a terrific set of Universal and Term Life Insurance policies. Their rider or endorsement selection is very solid.

American United Life Insurance Company

Written by Scott W Johnson

The American United Life Insurance Company is a terrific AM Best A+ XIV Rated insurer that is based in Indianapolis Indiana. The company has roots that stretch back to the 1870s but today they are fully modern and competitive insurer.

Questions and Answers

Written by Scott W Johnson

Life Insurance Questions and Answers is our list of some salient questions that we have had about insurance. Some specific, some totally random, we have added numerous questions to this list.

Life Insurance for Physicians

Written by Scott W Johnson

Should doctors get whole or term life insurance? Physicians life insurance needs are different than most due to a variety of factors. Often doctors have a delayed higher income coupled with a relative high debt ratio making their situation much different than many.