The Difference Between Life Insurance Companies Using Side-by-Side

by | Sep 8, 2023 | 0 Comment

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The side-by-side calculator offers a simple and easy way to put two calculators next to each other and analyze them together, column by column. Using this tool, you can effectively work in two more calculators, and then pull them into one space to look at the data. The data points can be toggled on or off, so you can be as precise in your analysis as possible, without the extra noise.  For example, if you want to look at two insurance illustrations with guaranteed cash value ONLY, you can do

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Interpolation in Life Insurance Values

by | Sep 1, 2023 | 0 Comment

Life ins values

When working with a client, there are times you’ll want to get specific, and times when it’s okay to be more general. For example, if you’re simply conveying a concept to a client, being “general” with numbers is okay. In fact, it’s usually preferred, because then they can focus on the concept rather than what the demonstration says about their personal economy. In cases like this, the interpolate function can be helpful, especially if you aren’t ready to run an illustration on a client yet. In Life Insurance Values, the

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Lifelong Learning as a Business Strategy for Advisors

by | Aug 25, 2023 | Comments Off on Lifelong Learning as a Business Strategy for Advisors

How to be a lifelong learner, lifelong learning as a business strategy

Understanding how to be a lifelong learner can be one of the greatest assets to your business. Unfortunately, many advisors cut their learning potential short once they become comfortable and feel they know enough to get by. They don’t see lifelong learning as a business strategy. This mistake is silently at the heart of missed client opportunities and stagnating advisory practices.   Lifelong learners are committed to developing a greater depth and breadth of knowledge, honing skills, and taking time to understand different people and perspectives. These qualities are crucial when

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Know the “Why” Behind the Math

by | Aug 11, 2023 | Comments Off on Know the “Why” Behind the Math

Knowing the why behind the math

Integrity is the life insurance agent’s most important quality, but make no mistake: it takes hard work to maintain that integrity. You have to be willing to put in the hours and do the work so that you can be sure the numbers aren’t just saying something… they’re saying the correct thing.  The tricky thing about math is that you have to know what your variables mean, and how to interpret answers. And what’s unfortunately all too common in our industry is that people either aren’t willing or don’t know

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Using Funding to Compare Whole Life Insurance IRR to Other Assets

by | Aug 4, 2023 | Comments Off on Using Funding to Compare Whole Life Insurance IRR to Other Assets

Internal rate of return written on a stick note and attached to a cork board. Irr, whole life insurance, funding illustration,

Is a whole life insurance IRR comparable to other assets? Using the Funding calculator, we can actually show why the comparison takes more time and nuance than you might expect, as well as the additional benefits of a life insurance policy. Getting Prepared Since this case study is going to use the Funding calculator, it involves loading data from Life Insurance Values. To learn how to upload your own data, view our earlier post on copy and pasting illustrations or view our “Life Insurance Values” category in the blog,  Once

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