This niche combo product provides guaranteed lifetime income to the beneficiary. It's a great option for clients with poor performing universal life and can be used in prenuptial or buy-sell agreements, and for fulfilling alimony payments....More
What do you get when you splice together a life insurance policy and an immediate annuity?
A reversionary annuity. Yes, that’s a mouthful, but it carries some of the advantages of each and is ideal for certain kinds of clients....More
Just a small segment of the advisor industry accounts for most of the sales of variable annuities in the U.S., so for insurers who are concerned about the long-term growth of the industry, getting more advisors on board to peddle their products is critical...More
Life insurers have watched their investment portfolios tank, their variable annuity business bleed cash, and many of them are being downgraded by the credit ratings agencies for the first time in years...More
If you are like most financial advisors, you probably don’t know a thing about private placement life insurance. But maybe you should. A growing number of ultra-wealthy investors are using it as a legal means to avoid paying income taxes on their gains in hedge funds—and other alternative investments....More