Back when I was still in the life insurance brokerage world I got my first introduction to life settlements. I will never forget the first words uttered by the salesman who was presenting that day..."Think of me as a used car salesman, but instead of selling cars I am selling used life insurance policies". I may not be the best marketer around, but I am [...]
Itm and TwentyFirst Merged!
Looking back to check a past Blog this weekend I realized that the ITM Blog is now one year old. I guess we can stop calling it the NEW ITM Blog now. The first entry, Welcome to the ITM Blog, was posted on January 21, 2013. I had hoped to post one or two Blogs a month and to date we have posted around 20 [...]
I just returned from the Heckerling Institute of Estate Planning. While passing though the Orlando International Airport (MCO) I stopped to get a pack of gum. I was surprised to find that they do not sell gum at that airport. It seems that it generates a maintenance issue they would rather not have. It makes sense. The profit that the airport gets from selling gum [...]
In my last entry, What You (as Trustee) Need to Know About Equity Indexed Universal Life, I spoke about one of today’s hot insurance products. The EIUL policy is designed to capture a portion of the upside of the equity market, while limiting the downside. The policy is credited with returns from an index without dividends, with both a cap on the upside and a guaranteed [...]