Accelerated Benefits Turn Life Insurance Into Emergency Health Fund.
Life insurance with Living Benefits creates an emergency health fund by allowing you to take an advance against the face value. Learn more.
“Not My Family!” Strategies To Avoid Wealth Destruction
Wealth destruction at inheritance time is showing no signs of slowing down. More and more family members are litigating with one another including attorneys, CPAs,…
Department of Labor Fiduciary Rule is DOA
Today, the President delayed the Department of Labor’s Fiduciary Rule that was set to take effect in April. I have been advocating for either a…
Articles | Guaranteed Income Solutions | Indexed Annuities | Life Insurance | life insurance without commissions | News | Retirement Planning | Ted Bernstein
Life Insurance Industry Must Do Better Controlling The Important Conversations.
Can you recall any life insurance company campaigns targeting consumers directly about the value and virtues of their core products? Have you ever seen these…
Does Your Retirement Plan Provide You With Enough Guaranteed Lifetime Income?
With interest rates at historic lows and people living longer, guaranteed lifetime income is critical to a secure retirement plan. I recently wrote an article about…
Women Face Unique Threats In Retirement – CNBC’s Epperson On Why Annuity Should Be Part Of A Plan
A big part of our practice is dedicated to helping women create retirement security. We discuss the challenges facing many single women face planning for…
How To Save Your Retirement?
How To Save Your Retirement?
Articles | Estate Planning | Life Insurance | life insurance without commissions | News | no load life insurance | Ted Bernstein | Useful Tips & Information
When Does Life Insurance Without Commission Mean Better Value?
“Bernstein…has introduced what are essentially no-load and low-load policies to the life insurance business…That could mean huge savings for policy buyers.” Forbes
“Low-load Life Performs Better For Clients, Companies” National Underwriter
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Thirty years ago, I created, designed and introduced permanent life insurance policies without built-in commissions to the U.S. life insurance market. The concept quickly became known by several different names such as “no-load life insurance”, “life insurance without built-in commissions” and “fee-based” life insurance. Simple and straight-forward, it was well ahead of its time and perceived to be very disruptive in the distribution system of life insurance. We created life insurance products that eliminated the traditional selling costs that were historically priced into life insurance policies. The first year commissions (often 100%-200%), renewal commissions (totaling another 100%), overrides, expense reimbursements and numerous others were ALL eliminated from the pricing of the products I introduced to the market. The impact can be seen as better performance, lower premiums, immediate cash surrender value and complete transparency.