by Ed Hinerman | Aug 4, 2016 | assumptions, guarantee, guaranteed level premium, insurance, lapse, life insurance, lifetime guaranteed UL, no lapse guarantee, whole life
I had a life insurance case some years ago where I was able to help a client replace a Mass Mutual whole life policy that was on the cusp of imploding. What I mean by that is that to the untrained eye, the client’s, the policy seemed to be doing just fine. It...
by Ed Hinerman | May 28, 2013 | AIG, approval, assumptions, cash value, death benefit, guarantee, guaranteed level premium, illustration, insurance, life insurance, whole life
I’ve been working through a tricky underwriting case with a client. He was initially declined by a few companies and then approved by American General at their highest rating. Not best rate, but highest, as in table 8. It was at this point that he called me. In...
by Ed Hinerman | Jul 11, 2012 | cash value, conversion, financial adviser, insurance, life insurance, mortality, term insurance, universal life, whole life
A few years back I read an article in a trade publication and, well, I was much younger then and easily riled. I am still getting comments on the post I wrote about that article. In the life insurance business there is an organization called the Million Dollar Round...
by Ed Hinerman | Jul 10, 2012 | cash value, conversion, insurance, life insurance, term insurance, universal life
Banner Life has and has had for some time the most competitive no lapse guarantee universal life products available. It has been a standout product in the industry because it not only guarantees a death benefit to age 121, but at no lapse UL prices it also has a cash...
by Ed Hinerman | Apr 3, 2012 | conversion, Independent agent, insurance, life insurance, term insurance, West Coast Life, whole life
If I’ve gone a month in the last three years without talking about conversion options and the mean spirited way some life insurance companies have treated it, forgive me. There is nothing I am quite so passionate about as beating the ugly truth completely to...
by Ed Hinerman | Feb 18, 2012 | cash value, Infinite banking, insurance quotes, life insurance, whole life
As promised I have been on a mission these past several months to prove the worth, or not, of the Infinite Banking system or the Be Your Own Banker concept, whichever title you subscribe to. I ordered and read my 5th edition “Becoming Your Own Banker” book...
by Ed Hinerman | Dec 3, 2011 | Infinite banking, insurance, life settlements, over 50 life insurance, senior life insurance, whole life
I know. It even showed up in my local paper. “Ed Hinerman Says Whole Life Insurance Without Gagging”! Well, the reflex is still there but I have been fighting it while I investigate whether there is a place in my universe for dividend paying whole life...
by Ed Hinerman | Nov 18, 2011 | Infinite banking, insurance, life insurance, whole life
I have been dancing around the “Be your own banker” concept for the last month or so after learning more about infinite banking. I finally figured out what I have never liked about whole life insurance. People use it for life insurance. Let me tell you a...
by Ed Hinerman | Oct 27, 2011 | cash value, foreign nationals, insurance, life insurance, term insurance, whole life
Having spent a good deal of my career steering folks away from whole life insurance I found it fascinating to be talking to a customer that came to me and told me exactly what she wanted to buy. She wanted to do the business through me and it was whole life insurance...
by Ed Hinerman | Oct 21, 2011 | AARP, Burial insurance, final expense life insurance, insurance, life insurance, over 50 life insurance, senior life insurance
When you’re over 50 life insurance offers start coming from everywhere. Final Expense insurance. Burial life insurance. The truth is that the senior life insurance market is the most hammered niche in the industry. Why? They think they can push our buttons when...
by Ed Hinerman | Jun 1, 2011 | insurance, life insurance, term insurance, whole life
I had a comment to a post I wrote last year over the weekend. This person stated, “As a non financially educated guy, I have a really hard time understanding how people in the same industry can have such varying opinions how to insure oneself.” This...
by Ed Hinerman | Dec 16, 2010 | AARP, guarantee, insurance, life insurance
Occasionally I review old posts to update or delete them and sometimes I run across one that I can remember writing. I feel my anxiety disorder getting pumped up. I feel my blood pressure rise and, well, I repost it. From 2008!! With each new magazine or bulletin, my...
by Ed Hinerman | Aug 18, 2010 | AARP, insurance, life insurance, senior life insurance, term insurance, whole life
When a person gets into their 60’s, 70’s and above there is a real life insurance industry tendency to try to shove them into the final expense market, even at a time when people are working longer and have larger needs than most final expense policies...
by Ed Hinerman | Mar 5, 2010 | insurance, life insurance, mortality, mortality risk
If there is a common thread through the whole life insurance application/underwriting experience, it’s that those applying tend to underplay their mortality while feeling like underwriters really overplay the whole mortality thing. Life insurance pricing and...
by Ed Hinerman | Feb 5, 2010 | insurance, life insurance, universal life, whole life
I just got my new issue of Insurancenewsnet magazine, one of those industry publications that occasionally has some very good information and occasionally has some of the most lop sided, half truthed articles you can imagine. Obviously I wouldn’t have brought it...
My 20 years of experience give me the knowledge and leverage to find reasonably-priced life insurance for people who have been declined or are paying more than they need to. Request a Free Consultation Today!
Recent Comments