Term Insurance Strategies - Reducing The Cost of Coverage Series
Hi Folks, the prior two posts revolved around the ideas of different types of term insurance. This post concentrates on some term insurance techniques to make coverage cheaper.
Term Layering. This technique provides multiple policies for differing lengths of time. For example, let's say a client needs coverage to cover a 30 year loan and the loan has repayment triggers amortizing the loan amount down.
Continuing with the series of Actual Vs Real illustration performance today I am going to discuss Index averages.
These numbers are real numbers! Carriers try to provide a reasonable expectation of performance over time, but like any other investment history may or may not be indicative of future results.