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- Estate Planning | Life Cycle Planning | Life Insurance | life insurance review | News | Retirement Planning | Useful Tips & Information
Don't Need or Don't Want An Existing Life Insurance Policy?
Do You Know The Market Value Of Your Existing, Inforce Life Insurance Policy? Every day, people are receiving significant cash payments for unwanted or unneeded...
Wealthy People Own Jumbo Life Insurance Policies - For Good Reason.
Most wealthy people wish to preserve and protect their assets from federal estate taxes when those assets are transferred to their heirs. Perhaps you’re in...
What Is Our Single-Most Important Concern About Your Retirement?
Also published on Medium.
Why Do High Net Worth People Own Permanent Life Insurance?
High net worth people tend to appreciate value and typically want life insurance protection for life. Permanent life insurance (sometimes referred to as whole life...
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.
- 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 Underwriterpeople-to-watch-fortune
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.
