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Guides

1035 exchanges: swapping policies without tax Section 1035 lets you swap a life policy for another policy or an annuity without taxing the gain. What qualifies, what you can lose and how to do one right. Accelerated death benefit riders: how they work and how they're taxed An accelerated death benefit rider pays part of a life policy's death benefit early to a terminally ill insured. How it's priced and taxed under IRC 101(g). Accidental death benefit riders: what they cover and exclude An accidental death benefit rider pays extra if you die in a covered accident. How it works, what it excludes, what it costs, and when it is worth adding. Automatic premium loans An automatic premium loan pays missed premiums from your cash value. How it works, what it costs, and the lapse and tax risks of leaving it running.

Permanent Life

Whole, universal and indexed policies that last for life and build cash value.

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Inside Permanent Life

Whole Life and Dividends Guaranteed whole life, participating policies and the dividends mutual insurers pay.
Universal and IUL Universal life, indexed universal life and the illustrations used to sell them.
Cash Value and Loans Building, borrowing against and cashing out a permanent policy's value.

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