Liberal Foreign National Life Insurance Underwriting For Canadians And Mexicans!
I received an update on new foreign national life insurance underwriting guidelines today from one of the country’s largest life insurance companies. They announced a liberalization of requirements for Mexican and Canadian citizens. From past posts you would have noted that while the criteria change from company to company, especially Mexico has been singled out ...read more
What Aspect Of Non Traditional Life and Disability Insurance Are You Interested In?
While my primary focus remains impaired risk life insurance and over 50 life insurance, I’ve left no lack of evidence in this past year’s blog posts that there is so much more available. There is still nothing quite like getting an approval on life insurance for someone who has been declined by everyone else he ...read more
Is Traditional Disability Income Insurance Enough?
Let’s step away from life insurance for a day and address an inherent problem in disability income insurance. Disability income insurance is there to theoretically replace earned income in the event that a person is disabled by injury or illness. Companies normally cap their benefit at 65% of a person’s annual gross earned income, up ...read more
Looking At Permanent Life Insurance Again Next Year? Big Mistake!
Don’t you just hate the fact that hindsight is 20/20 and when you look back with clear vision you see that you waltzed right past some of the deals of the decade? Hasn’t happened to you? YET! With very few exceptions people who look at conversion quotes on life insurance are shocked. They love the ...read more
Is Wealth Built Through Foot Dragging and Timidity?
In a post yesterday I insinuated that we may be entering the greatest two years in history for estate wealth building, estate wealth protection and wealth transfer. That statement still stands, but…. I asked Kevin Cox with Lincoln Financial to review the post in relation to a couple of articles that I’ve been asked to ...read more
Can Your Family Raise Several Million Dollars Really Fast Or Should You Have Estate Tax Life Insurance?
If not, give this some thought! Estate taxes come due nine months after the death of the sole surviving spouse or individual whose net worth comprises the estate. While nine months may seem like a long enough time to wrap up an estate and gather the money to pay the taxes, I suspect that would ...read more
