There are numerous types of life insurance policies—seemingly something for every taste. But which is right for me? Among other considerations, there are issues of product dependability versus potential risk that expectations won’t be met; flexibility of premiums versus required payment amounts and schedules; and overall compatibility with one’s comfort and style of accumulating long-term assets for death benefit or retirement.
Author: Richard M. Weber, MBA, CLU, AEP (Distinguished), is well known by insurance agents for his activities on their behalf in the area of life insurance “due care.” He received the Kenneth Black, Jr., Leadership Award in 2008 in recognition of his “exemplary leadership qualities and significant contributions to the fulfillment of the Society of Financial Service Professionals core values of ethics, education, and relationships.” He is president of The Ethical Edge, Inc., Pleasant Hill, CA, consulting to insurance companies and agents on issues of product expertise and the appropriate use of technology. A past president of the Society of Financial Service Professionals, Mr. Weber has written hundreds of articles and delivered presentations throughout the industry on “…increasing earnings while maintaining high levels of integrity and ethics.”
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