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Is Permanent Life Insurance Worth it?

Written by Scott W Johnson

Permanent life insurance is a form of cash value life insurance that may over time build up cash value from deposits and dividends. One of the central questions asked by many is Is Whole Life Insurance Worth it as an Investment? Although whole life insurance is a wonderful product that serves wells many uses, there are numerous headwinds that prevent this antiquated product from being considered a good investment.

Longest A Rated Life Insurers

Written by Scott W Johnson

AM Best has come out with a list of the longest time frames that various life insurer carriers have been rated A or better.  These Longest A Rated Life Insurers list was created from their article.  Keep in mind that A rated or better refers to the following AM Best Financial Strength Ratings: A, A+,.. More

Geico Life Insurance

Written by Scott W Johnson

Can you even buy life insurance with Geico? Does that Gecco sell it all? Geico may be able to save you 15% on Auto Insurance, but unfortunatly Geico themselves doe not technically sell life insurance. Read our Geico Life Insurance Review.

Participating Whole Life Insurance

Written by Scott W Johnson

In this short article we will explain exactly what participating life insurance is, who provides it, common and historical rates of return, and answer some simple questions. Part Whole Life policies are a great thing for those consumers that can afford to pay its high annual premium each and every year. Lastly we will discuss the one backdoor method to gaining access to this terrific product.

30 Year Term Life Insurance

Written by Scott W Johnson

The 30 year term life insurance policy is the longest of the standard term lengths offered by some life insurers. Most often compared with a 20 year term policy – the debate on which is best for you and your family is up to you. Consider the 30 year policy if you have a need for a longer coverage period or just want the security that it offers.

The person who receives financial protection from a life insurance plan is called

Written by Scott W Johnson

A simple and straightforward guide on Life Insurance Beneficiaries. A beneficiary is typically the party to a life insurance contract that can easily be changed. Learn about best practices, detailed considerations, and a what not to do when considering a life insurance beneficiary. Whole Vs Term provides you a full list of potential life insurance beneficiary options with common examples of choices.

Free Look Provision

Written by Scott W Johnson

All about the Free Look Provision. What it does and How it helps. The Free look provision is a consumer friendly provision that is in life insurance and annuities which allow consumers a certain grace period to return the policy. The specifics of free look periods are very state specific as each state insurance regulator may have different rules. The Free look period is a great tool for American consumers.

Backdoor Roth IRA

Written by Scott W Johnson

The Backdoor Roth IRA: Should you consider Accessing Roth IRAs through the backdoor? In our guest post – Mark Bourguignon, the founder of Ascend Wealth Management, will explain the differences between regular Roth IRAs. He will also discuss a little known financial process known as the backdoor Roth IRA for high income earning families.

Misstatement of Age Provision

Written by Scott W Johnson

The misstatement of age provision is an important consumer protection tool in the world of life insurance. Learn about how a somewhat common mistake can prevent an insurance tragedy.

Life Insurance for Dummies

Written by Scott W Johnson

Life Insurance for Dummies is Our Signature Simple Guide to life insurance. Short, Simple, and Sweet.