There are two permanent life insurance categories: whole life and universal life insurance. Whole life is dominated by participating dividends that have a multitude of tactical indemnification applications, as well as supplemental income scenarios for retirement. Universal life insurance has four divisions that can be used for indemnification and income strategic financial planning. Guaranteed universal life is relegated to coverage only, so current assumption, indexed and variable universal life have secondary applications beyond the
traditional indemnification scenarios.
Steve and Jessica price out the
top indemnification products, both single life and second to die, and rank the
top four permanent life insurance carriers for 2013.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Steve is the number one online author and videographer of insurance content. During his 30-year career in the financial services industry,... More