LIFE CHANGING DECISIONS
The Truth About Your Future
P L E A S E C O N T I N U E T O R E A D !
65% of Life Insurance Currently In Force Is NOT Guaranteed To Last a Lifetime and Is Expiring Prematurely With Policy Owners and Advisors Unaware In the early 1980s, insurers started the redesign of their life insurance policies in a move to nonguaranteed products and this trend has continued unabated ever since. The move away from guarantees has caused the current situation in which most life policies purchased over the last 35+ years are not guaranteed to last a lifetime. The sad situation is that insureds and their advisors are unaware that life insurance requires active management similar to a stock, bond, real estate or other investment portfolio.
However, in most cases policy owners, their family members, even their trustees (in the case of trustowned policies) and unfortunately many financial advisors do not have an understanding of how a life insurance policy works, nor do they have the specialized knowledge or experience to know what should be done to keep the life insurance from expiring prematurely.
ABOUT
Barry Hunter
Barry Hunter is an experienced, educated and committed member of the Life Insurance Industry. His goals are to inform citizens of the gaps within our Life Insurance Plans and counsel to help prevent any descrpancies from effecting those of us that are indeed kept in the dark.
From testifying in front of the State of Georgia House of Representatives Study Committee on Life Insurance Disclosures, to personally assisting so many families in obtaining financial stability, Barry has committed his professional life, and is still committing, to doing what is right for our communiites and all of it's citizens. Please feel free to read more of Barry's past and present experiences and goals to support our families, our lives and our futures.
Guaranteed Life Insurance
25% Of Non-Guaranteed Life Insurance Is Expiring Prematurely With Owners And Advisors Unaware
45% of all life insurance purchased over the last 25+ years is not guaranteed to last a life time.
Insureds and advisors are unaware that life insurance requires active management similar to a stock or bond or real estate portfolio.
Universal life insurance is expiring prematurely as a result of sustained reduced interest rates and in attention on the part of unskilled trustees, usually an eldest child.
Do you want to establish a trust? There are many different reasons people do so:
What they are not
telling you...and why!
Universal Life Insurance
What's This Problem I'm Reading About Regarding Universal Life Insurance?
Yes, there is a serious problem: Many non-guaranteed universal life insurance policies are expiring prematurely.
This problem appeared because of sustained reduced interest rates, and inattention on the part of the owners who didn't know they should have increased their premiums over the years.
The problem can only be corrected when individual owners prompted by their advisors realize that life insurance must be actively managed as would any other stock, bond or real estate.
Have you ever discovered a bank entry error in your check register, resulting in a balance $100 or $1,000 less than what it should be?
Term Life Insurance
TERM LIFE INSURANCE RESCUE
In the last three decades, trillions of dollars of term life insurance have been written. And just as surely as these policies were issued, most will lapse. Statistically, 99% of all term life insurance eventually lapses.
Term life insurers compete with low initial prices; yet at renewal, the new premiums are very high.
Therefore, virtually no one keeps their policy and pays the escalated renewal premium. Instead, 99 out of 100 abandon their policies and lose their entire premium investment.
In the 1980s, insurers redesigned life products so that 65% of life insurance in force is not guaranteed to last a lifetime and many are expiring prematurely. Most policy owners are unaware of this danger. And, they are unaware that today’s life insurance policies require specialized management to reach their goals.
As a specialty advisor focused on appropriate life insurance placements, evaluation and remediation, I work with people who are concerned with having their life insurance in force when it is needed. Amateur performance assessment is not sufficient.
To ensure that your future life insurance is protected, I offer a one-hour free consultation to assess your situation.
lIFE INSURANCE CONSULTATION
CONTACT
Contact us today with any questions you may have regarding your Life Insurance and Long Term Care Needs.
