While tax exemptions that apply to some permanent life insurance policies will be tightened up next year, advisors insist insurance will remain a valuable tax-planning tool: "It's just going to be a new reality"
In the second part of a two-part video series, “The perils of permanent life,” Jim Ruta, president, AdvisorCraft Media and Consulting, continues his top 10 list of the perils clients may face if permanent insurance is sold the wrong way.
In the first part of a two-part video series, “The perils of permanent life,” Jim Ruta, president, AdvisorCraft Media and Consulting, shares part one of his top 10 list of the perils of selling permanent life insurance the wrong way.
Many clients who are put off by the cost of permanent insurance still should review their insurance needs annually to assess whether or not they should be using a different approach to insurance. There are several to consider
The rules governing how much tax-free cash a client can hold in a permanent life policy are changing. But advisors who act now may be able to help their clients benefit from the existing rules for years to come