Category Archives: insurance literacy

Are Variable Annuities The Perfect Vehicle For Those Who Like High Expenses and Restrictions on Accessing Your Funds?

Replacing an annuity can make sense in rare occasions, however, the majority of times it will leave the policy owner  with surrender charges, fees, withdrawal restrictions, etc. .  Before replacing an annuity make sure you understand what you’re getting into. … Continue reading

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Why Changes To Long Term Care Insurance Pricing Are Good Medicine:

Long Term Care insurance is a critical part of most people’s financial plan as they enter or continue through their retirement years.  LTC insurance provides coverage against the risk of using other assets for the costs of long term care … Continue reading

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State Insurance Regulators Continue Troubling Trend Of Weakening Insurance Company Disclosure Requirements:

Professor Joseph Belth is a well-respected long tenured publisher of the Insurance Forum who has monitored insurance companies and regulators for decades.  In this article he discusses the weakening of disclosure requirements by State Insurance Regulators which unfortunately has been … Continue reading

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Are Fees & Expenses Holding Down Your Annuity & Life Insurance Cash Values?

Fees and expenses can have a dramatic impact on the importance of your insurance products – life insurance and annuities in particular.  Understanding all the fees and expenses can help you make smart choices.  Avoid variable and indexed insurance products … Continue reading

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Are Policy Loans Destroying Your Life Insurance Policy?

It’s good to remember that there can be significant dangers to borrowing from a life insurance policy with the worst result of a phantom income tax gain. While there are some positives to taking out a policy loan and in … Continue reading

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AXA Fined by New York Department of Financial Services For Making Improper Changes To Variable Annuities!

Annuities are simple in concept, however, the majority of annuities in today’s financial marketplace are incredibly complex financial vehicles with many components.   The following press release takes a look at what some companies are doing with their variable annuities … Continue reading

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While Insurance Products Are Complex, Insurance Companies May Be Even More Complex:

Well, not only are insurance products hard to understand, so are insurance companies according to this latest article highlighting a study commissioned by the Federal Reserve Bank of Minneapolis: Fed bank fearful of insurance risks via LifeHealthPro (click to read … Continue reading

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Spring Cleaning with The Questions and Answers on Insurance Planner

Spring cleaning is upon us and the following article is a reminder that it’s always a good time to review your finances including your insurance policies. The Questions and Answers on Insurance Planner mentioned above is designed to help you … Continue reading

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New from Tony Steuer: The Questions and Answers on Insurance Planner

Very proud to announce my latest publication: The Questions and Answers on Insurance Planner.  This planner covers every line of coverage and provides tips on choosing an agent and insurance company along with a glossary of common terms.  For a … Continue reading

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Avoid Long Term Care Insurance Scams

Long Term Care Insurance is a vital component of an overall financial plan serving as a backstop to your other assets.  Bankrate.com just ran an excellent article which looks at avoiding Long Term Care Insurance Scams and highlights the importance … Continue reading

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