“There is a great disturbance in the force.” Initially, the New York State Department of Financial Services announced their intention to crack down on insurers and agents who mislead clients through complex contracts that obscure the risks involved in buying and owning universal life insurance products, including Indexed Universal Life. Table of Contents: Problems With …

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Modified whole life insurance is an option that some insurance companies offer to people who want permanent life insurance coverage with a lower premium initially. Let’s go over what this type of policy is, the long-term effects, and another potential option to make the most of your money. Table of Contents: What Is Modified Whole …

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Table of Contents: A Closer Look at Timeshares Exiting a Timeshare What Not To Do Alternatives to Timeshares for Vacation Planning Whole Life Insurance with McFie Insurance You get an email from a big fancy resort offering you a 4-night stay in their best condo for only $200 if you listen to their timeshare pitch. …

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Table of Contents: What Exactly is Whole Life Insurance? Cash Value Explained Creating the Best Life Insurance Policy Enhancing Whole Life Insurance Policies Understanding Whole Life Insurance Rates Earning Dividends with Whole Life Insurance Understanding Returns on Whole Life Insurance Additional Advantages of Whole Life Insurance The Necessity of Life Insurance in Retirement Whole Life …

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  Table of Contents: PART 1. Types of Life Insurance Which Policy is Right for Me? Understanding life insurance is a wise investment of your time. It’s not just a safety net for your loved ones in the event of your passing, offering a death benefit, but it’s also a financial tool you can …

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Table of Contents: What is a Guaranteed Insurability Rider? How Does a Guaranteed Insurability Rider Work? Who Benefits from a Guaranteed Insurability Rider? Is a Guaranteed Insurability Rider a Good Choice? Alternatives to Guaranteed Insurability Riders The Bottom Line What is a Guaranteed Insurability Rider? A guaranteed insurability rider is an addition to your life …

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Wealth Accumulation means gathering enough money to enjoy financial peace of mind. Essentially, you’re boosting your net worth gradually to reach a state of steady and reliable finances. While many aim to build up their wealth, obstacles like living costs, debt, and confusion about retirement planning can stand in the way. Unfortunately, without a clear …

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If you’ve ever applied for a loan, you might already know how underwriting works. Insurance companies also use underwriting to decide if they’ll offer someone a policy. However, technology is changing the game, making underwriting automated in many cases. In this article, we’re going to dive into how the automated underwriting system works and what …

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Table of Contents: What Is a Waiver of Premium Rider? How Does a Waiver of Premium Rider Work? How Do You Qualify for a Waiver of Premium Rider Benefit? What Are the Requirements for Submitting a Waiver of Premium Claim? How Much Does a Waiver of Premium Rider Cost? What Are the Restrictions? Is the …

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Table of Contents: How Does Return of Premium Life Insurance Work? Average Cost of Premium Life Insurance The Pros And Cons of Return of Premium Life Insurance Should You Buy Return of Premium Life Insurance? Alternatives To Return of Premium Life Insurance Strategize with McFie Insurance KEY POINTS Return of Premium Life Insurance Policy Overview: …

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