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Dave Ramsey on the New Universal/Term Life Insurance

Dave Ramsey on the New Universal/Term Life Insurance

A few years ago, a new product design hit the term life market.  It was (and is) a universal life insurance product that looks and costs very much like level term insurance. Since Dave Ramsey is a “term only” guy, he needed to clarify things when a few carriers introduced these universal life products that.. More

Non Guaranteed Universal Life Insurance Lapses

Non Guaranteed Universal Life Insurance Lapses

This article could also be titled “Universal Life Insurance Horror Stories”.  Many people call us asking for advice regarding a pending policy lapse letter.  “Should I pay a higher premium or let the policy lapse?”  Neither option is good and this all-too-common dilemma is very unfortunate. In this article, we will look at how and.. More

How Do Life Insurance Agents Get Paid?

How Do Life Insurance Agents Get Paid?

We often hear the question, “How do you get paid?”  It’s an excellent question. How an agent gets paid can influence your shopping decision as you will see below. When you’re shopping at an appliance store, you want to know how your “consultant” gets paid.  Typically, commission-based salespeople are pushy and less education-oriented.  We’ve all.. More

Critique of Dave Ramsey and Zander Life Insurance Article

Critique of Dave Ramsey and Zander Life Insurance Article

We all like a quick and informative article on a subject we’re researching.  If you’re in the market for term life insurance AND you have been positively influenced by Dave Ramsey’s financial advice, then keep reading.  The popular article is 5 Term Life Insurance Life Mistakes to Avoid.  To read the entire article, please do.. More

Symetra Guaranteed Universal Life Insurance Review

Symetra Guaranteed Universal Life Insurance Review

Symetra Life Insurance Company offers one of the lowest cost guaranteed universal life policies.  They consistently show up in the lowest three (often the lowest) when we prepare comparison quotes.  If you’re like most people, Symetra is not a company with which you are familiar.  Are they a quality company? Should you consider them as.. More

Comparing Term to Guaranteed Universal Life - Over Age 60

Comparing Term to Guaranteed Universal Life – Over Age 60

If you want to explore a few smart – and often overlooked ways – to purchase life insurance, then this article will certainly help. We receive many calls from people who want to purchase life insurance later in life.  The reasons are numerous.  You may decide at age 65 or 75, for example, that you.. More

MassMutual Guaranteed Universal Life Insurance Review

MassMutual Guaranteed Universal Life Insurance Review

MassMutual is considered one of the best mutual life insurance companies in the world.  They are mostly known for their whole life products, but they also have competitive guaranteed universal life (GUL) products – in some situations.  You will see sample rates and learn where and when MassMutual’s GUL could be a very good fit… More

When Your Term Life Policy Ends (Much Too Soon)

When Your Term Life Policy Ends (Much Too Soon)

When you realize the term policy you purchased many years ago is about to expire, you might panic.  You don’t want to take any risks and so you launch into action.  You care a lot about your family! The thought of you dying prematurely with little or no life insurance is nightmarish. What steps do.. More

Applying for Life Insurance - What You Need to Know

Applying for Life Insurance – What You Need to Know

Let’s assume you selected a life insurance product to buy.   Now, you’re ready to apply for coverage. Simple, right?  Sometimes yes, many times – no.  This article will explain the process of applying for life insurance, provide important tips, and pitfalls to avoid.  You could save you A LOT of time, money, and hassle.. More