Life Insurance

  • Irrevocable Spousal Lifetime Access Trust Irrevocable Spousal Lifetime Access Trust

    How the I-SLAT can provide income for the spouse of the grantor

    by Russell E. Towers JD, CLU, ChFC

    One drawback to a typical Irrevocable Life Insurance Trust (ILIT) is that your client and spouse lose direct access to the policy cash values during lifetime. This loss of access to potential tax free policy withdrawals (FIFO) may cause your client to hesitate when considering an ILIT. read more
  • IRI Commends Policymakers for Retirement Security Legislation IRI Commends Policymakers for Retirement Security Legislation

    Sens. Collins and Nelson Reintroduce the Retirement Security Act;
    Companion Legislation Introduced in House by Reps. Buchanan and Kind

    The Insured Retirement Institute (IRI) released a statement from IRI President and CEO Cathy Weatherford after the Retirement Security Act was introduced today by Senate Special Committee on Aging Chairwoman Susan Collins (R-Maine) and Sen. Bill Nelson (D-Fla.) to allow more small businesses to join multiple employer plans (MEPs). read more
  • Gen-X: The Opportunity of ‘Right Now’ Gen-X: The Opportunity of ‘Right Now’

    Stuck in the middle again...

    by Nilufer R. Ahmed, Ph.D.

    When presenting research on the generations, I'm often asked why so much attention is given to Gen Y and so little to Gen X. LIMRA and other organizations certainly study Gen X (ages 33-50) but it's fair to say they receive less attention than Gen Y (ages 25-32) and Baby Boomers (Ages 51-65). read more
  • Securian’s Digital Characters Explain Insurance Securian’s Digital Characters Explain Insurance

    Ellie and Bert use humor and everyday language in off-beat, up-beat online experience

    Ellie is a chipper, helpful woman whose brother-in-law Bert left his “cushy” insurance job to follow his dream to become a singer. Ellie says Bert is going to help her explain group critical illness (CI) insurance. In song. read more
  • 5 Businesses Innovation Killers 5 Businesses Innovation Killers

    Don't look now, but they lurk within

    The work of innovative thinkers is why the world has smartphones, laptop computers, toaster ovens and numerous other gadgets and creative approaches to problem solving. Yet groundbreaking ideas aren’t always welcome in the corporate world or within other institutions. read more
  • The Spies Inside Your Phone The Spies Inside Your Phone

     Many Apps Can Track Your Location And Share Your Information

    You just had a flat tire along a dark country road. Luckily, you downloaded a flashlight app into your cellphone and now can put it to use. But that flashlight, handy as it is, may be just one of many doors you unwittingly opened to let spies take up residence inside your phone. read more
  • A New Women’s Movement? A New Women’s Movement?

    Women Are Sharing What They Know—and Changing the World

    For women, the picture has never been rosier. For one thing, we are making huge strides in the business world. In fact, according to American Express OPEN, between 1997 and 2014 the number of women-owned businesses in the U.S. increased by 68 percent—a rate 1½ times the national average. read more
  • U.S. Employment and Wage Growth Improving Faster Than Expectations U.S. Employment and Wage Growth Improving Faster Than Expectations

    The Principal: Data reveals accelerating growth in key economic data

    U.S. Government estimates on the state of the economy may be overly conservative in the area of wage growth, according to a new analysis from Principal Global Investors. “It is worth noting, The Principal data is different than the government’s. read more
  • Middle Market African Americans Embrace Savings, Debt Reduction Middle Market African Americans Embrace Savings, Debt Reduction

    More likely than the genral population to own life insurance

    A new LIMRA study about African Americans finds that middle-market African Americans are more likely to consider ‘saving for an emergency fund’ as a top financial priority compared to the middle market as a whole (74 percent vs. 62 percent). Debt reduction goals also are considerably more important for middle-market African Americans. read more
  • Pre-Post Mortem Planning? Pre-Post Mortem Planning?

    3 Financial Mistakes That Can Haunt Your Family After Your Life Is Over

    The impact of financial decisions people make today can carry on even after they die, and not always in a good way. read more
  • Self-Marketing — The Salesperson’s Other Job Self-Marketing — The Salesperson’s Other Job

    Making selling easier

    by John Graham

    Even highly experienced and successful salespeople can have a blind spot. So intent on what they want to accomplish, it’s easy to ignore how others view them. And it isn’t always complimentary. “Oh, don’t take Sally seriously. Just remember that she’s in sales.” read more
  • Dirty Little Secrets Of Family Business Dirty Little Secrets Of Family Business

    Passing the leadership role to the next generation Is tricky
    if not carefully planned

    After years of hard work, you’ve built the family business into a great success and you take pride in meeting the challenges that each day brings. At some point, though, the day arrives when it’s time to turn the reins over to the next generation. read more