Posted by Bob Burton on Tue, May 5, 2009 @ 07:37 PM

Sound esoteric?  It is!  And it’s not for the faint-at-heart.  In fact, it was presented as an “aggressive, pushing-the-envelope technique” for very high net worth individuals that should be considered only after all other more main stream planning techniques have been implemented.

Posted by Bob Burton on Mon, May 4, 2009 @ 03:50 PM

Despite the tenuous state of the capital markets, the ratings of most life insurance companies have held up well.  This is important in the premium finance marketplace, since institutional lenders do not like to finance policies issued by carriers with poor ratings.

Posted by Bob Burton on Mon, May 4, 2009 @ 02:44 PM

It was emphasized several times over that the tax benefits of life insurance are more at risk today than they have ever been in the past.  This applies not only to the tax-free build-up of cash values but also to

Posted by Bob Burton on Mon, May 4, 2009 @ 02:08 PM

While recently enacted IRC Sec.

Posted by Bob Burton on Mon, May 4, 2009 @ 01:19 PM

It is no secret that credit has been very limited over the last several months.  This has adversely impacted all credit markets, including institutional premium finance.  However, there are emerging signs that credit is beginning to flow again, if not as robustly as before.  Funds for premium finance are also becoming available again, and Provada is positioning itself to become more active in this arena.  Our thrust will be to seek out and work with providers of funds for legitimate and carefully crafted premium finance arrangements for use in situations  where prem

Posted by Lloyd Silver on Mon, May 4, 2009 @ 12:48 PM

Ben Stein spoke at last night’s dinner at the annual meeting of the Association for Advanced Life Underwriters.

Posted by Bob Burton on Mon, May 4, 2009 @ 12:26 PM

Personal Political Impact

Posted by Bob Burton on Mon, Nov 3, 2008 @ 11:09 AM

Robert E. Burton LLB CLU ChFC AEP, Director of Advanced Planning

Posted by Vickie Bianculli on Mon, Nov 3, 2008 @ 11:05 AM

These handy one-page questionnaires allow you to ask the absolute basic information about a client’s known health issue, which in turn provides us with the necessary information to obtain tentative ratings from carriers.

In the underwriting section of our website (www.provada.com => Log In => Tools => Insurance Brokerage => Underwriting) you will find quite a selection of quick quote forms for various health impairments that you may access when trying to determine a rate class for your client.

The questionnaire may be completed by your client, or you may ask the questions yourself - No signature required.

Posted by Anonymous on Fri, Oct 31, 2008 @ 01:05 PM

Here we have another classic example of a failing policy due to underperformance of cash values and higher-than-expected cost of insurance. The existing plan was in jeopardy of lapsing. Increasing the premiums from $50,000 per year to $103,000 was simply not an option the client wanted to consider.

Scenario

84 y/o female

Current coverage: $2,000,000 (2 universal life policies)

$1,500,000 (1993, Standard)

$500,000 (1993, Preferred)

Cash Value: $230,000