Life Insurance
A True Story of A Whole Life Policy and An Expert Analysis
Peachie Thompson · December 21, 2023
Are you curious about how whole life policies work? Interested in seeing a real-life example of an old life insurance policy and how it has performed over the years? If so, then Bobby Samuelson's review of Whole Life Insurance is a must-read.
I recommend this for its clarity and depth, Samuelson's review takes you through the intricacies of Whole Life insurance. He provides a detailed analysis and a compelling case study, showcasing the long-term benefits and mechanics of these policies. This insightful review is perfect for anyone seeking a comprehensive understanding of Whole Life insurance.
Here is a link to the article: https://lifeproductreview.com/2023/12/06/385-proof-pudding/
Shared with the permission of Bobby Samuelson.
I had the pleasure of learning from Bobby's dad, Ken Samuelson when I was just starting out in the brokerage side of insurance. Clearly, Bobby inherited his dad's insurance passion and I'm excited to share his analysis of this often-controversial topic amongst financial planners and insurance agents.
Bobby Samuelson's review of Whole Life Insurance offers a comprehensive and critical analysis of this insurance type. He begins by addressing common skepticism and misunderstandings about Whole Life policies, particularly focusing on their long-term financial benefits. Samuelson then delves into the specifics of how these policies accumulate cash value, highlighting the guaranteed nature of policy charges and interest rates. He presents a detailed case study of an old Whole Life policy, illustrating its performance over the years compared to other investment options. This analysis is aimed at clarifying the mechanics and benefits of Whole Life insurance, making it an insightful read for both professionals and consumers interested in understanding these policies in depth.
If you have any questions, let me know. I started my career as an underwriter at a Mutual Insurance company and worked with Whole Life products for decades! contact@peachinsurance.net
-Peachie
Want to be in the know?
Sign up for our newsletter to stay up to date.
Related Articles
Is a Continuing Care Retirement Community Right for You? Are you considering a Continuing Care Retirement Community (CCRC) for your future? You're making an important decision that will affect both your lifestyle and financial security in retirement. While CCRCs offer an appealing package of housing, services, and access to care, understanding the fine print of your contract is essential to making the right choice. What many prospective residents don't realize is that the type of contract you select can dramatically impact your finances for decades to come. Let's explore what you need to know before you sign.
Don't Make This Common Retirement Planning Mistake You've done your research on Continuing Care Retirement Communities (CCRCs) and perhaps you're close to making a decision. But now you're wondering: "With a CCRC contract that includes care services, do I still need long-term care insurance?" It's a common question—and one that could significantly impact your financial security. Many people assume that moving to a CCRC eliminates the need for long-term care insurance, but this misconception could cost you dearly. The truth? For many CCRC contracts, long-term care insurance isn't redundant—it's an essential complement that provides crucial financial protection. Let's explore why. Not All Long-Term Care Insurance Is Created Equal
The holiday season reminded us of life's most precious gifts – our loved ones and the beautiful moments we share. But how do we ensure these blessings remain protected long after the decorations are packed away? In this heartfelt exploration of family financial security, we delve into how life, disability, and long-term care insurance work together as powerful tools of love, protecting not just our family's financial future, but the very dreams and everyday joys that make life meaningful. Discover why the greatest gift you can give your family this new year isn't found under a tree, but in the promise of a secure tomorrow. [Read the full article to learn how to transform your love into lasting protection...]