A ACCREDITATION A process whereby a program of study or an institution is recognized by an external body as meeting certain predetermined standards. Accreditation is often carried out by organizations whose purpose is to assure the public of the quality of the accredited institution or program. Public or private payment programs often require accreditation asContinue reading “Senior care terms”
Tag Archives: index universal life insurance
Life insurance as an asset and health insurance tool
I cannot leave a big house for my children and my grandchildren, so I bought a life insurance that they can use as down payment to buy their own house should the good Lord calls me. Life insurance is an asset with a value that is worth it. If I have health issues such thatContinue reading “Life insurance as an asset and health insurance tool”
Term Life Insurance versus Index Universal Life Insurance with living benefits
time value of money and social security by 2037 Like renting a house, term life insurance has no cash value and so you have no access to the growth, accumulation and distribution. It still protect your most valuable asset, your life. We pay car and home insurance but we forgot that our life is moreContinue reading “Term Life Insurance versus Index Universal Life Insurance with living benefits”
Zero market risk, tax free, asset protection, living benefits
The book of Patrick Kelly, The Retirement Miracle, tells us that: 401k retirement plan is not a conservative way to save for retirement and not tax free either Index Universal Life Insurance (IUL) (never takes loses like the 401k did) with living benefits allowing you to receive 75-90% of the face value of your insuranceContinue reading “Zero market risk, tax free, asset protection, living benefits”
Index Universal Life Insurance with Living Benefits, you get the face value without dying and get a higher return
About every 26 seconds, an American will suffer a coronary event, and about every minute someone will die from one. (American Heart Association, American Stroke Association, Heart Disease and Stroke Statistics, 2008 update) On average, every 40 seconds someone in the United States has a stroke. (American Heart Association, American Stroke Association, Heart Disease andContinue reading “Index Universal Life Insurance with Living Benefits, you get the face value without dying and get a higher return”
Baby Boomers Reveal Their Deepest Financial Regrets, by Tim Sprinkle
Over 50, underfunded, and ill-prepared for retirement. Unfortunately, that’s an all-too-common scenario for the Baby Boomer generation – those born between 1946 and 1964 — many of whom are still smarting from the economic downturn and are now looking back at their earlier financial choices with regret. Should they have bought that house at theContinue reading “Baby Boomers Reveal Their Deepest Financial Regrets, by Tim Sprinkle”