Policy Lapses- No More!

Remember what happened to Universal Life policies written in the 80’s and 90’s? Vanishing premiums that didn’t vanish?  Premium and cash value projections that couldn’t stand the test of time? How many angry phone calls did you receive from clients accusing you of selling a scam? LifeTrack with John Hancock’s Protection Universal Life (Current Assumption […]

Key Person vs. Buy/Sell – Which is Appropriate?

We are often asked to explain the differences between Key Person Life Insurance and Life Insurance used to fund a Buy/Sell agreement. While they are both used in the business environment to ease the shock to the business if a partner dies prematurely, they have different purposes. The following is a short explanation of each. […]