The Software that Tells the Whole Truth about All Things Financial

Life Insurance Values

Do PUAs Grow Less Efficient Over Time?

Do PUAs Grow Less Efficient Over Time?
Do PUAs Grow Less Efficient Over Time? Should Clients Buy New Policies to Better Utilize PUAs? As you know, in the early months and years of a whole life policy, the PUAs are more efficient than the base premium as far as generating cash value for the policy. While the base premium alone can take years to generate a positive internal rate of return where cash value is concern… Continue Reading

How do I explain the difference between Total IRR and Annual ROR on Life Values?

How do I explain the difference between Total IRR and Annual ROR on Life Values?   The Total Internal Rate of Return is based on the cash value (and we also have one based on the death benefit) and it starts very low and increases over time.  It usually shows a negative 100% first year because we have zero cash value in the first year but the IRR appreciates and increases over… Continue Reading

Life Insurance Loans, In advance or Arrears?

Life Insurance Loans, In Advance or in Arrears? The Whole Truth   An issue that is often incorrectly talked about as an advantage, is the idea that the insurance company charges a lower interest when interest is paid up front (in advance) versus at the end (in arrears).  The whole truth is that there is a different factor (not a different interest rate) used to calculate… Continue Reading

Tutorial Life Insurance Values

Hello and welcome to a tutorial on a new Truth Concepts tool called Life Insurance Values.  Todd Langford will show how you can use the Life Insurance Values tool to cut down the time you spend copying and pasting information into the Truth Concepts calculators and drastically show the whole truth about life insurance.  Go ahead Todd. The new tool is called Life InsuContinue Reading

Truth Tip, Life Insurance Values Tool

When importing the values from the tool to the Internal ROR calculator, take note that the IRR calculator AUTOMATICALLY adjusts the number of years for the illustration period.  This is because the values in the IRR calculator are all beginning of year and the values on the illustration are all end of year. For example, you’ll see in your Life Insurance Values a table… Continue Reading