How to Read a Life Insurance Illustration: Guaranteed vs. Non-Guaranteed
You have probably seen it. An agent on a YouTube Short or Instagram video holds up a number — sometimes on a whiteboard, sometimes just spoken with confidence — and tells you that if you put $250 a month into this life insurance product for 30 years, you will have some impressive, specific amount of […]
Why Is My Cash Value Less Than the Premiums I Paid?
You opened the statement. You did the math. And now you’re sitting with a number that doesn’t add up. You’ve paid in $6,400 over three years. The cash value line says $2,100. That’s not a typo — it’s how the policy was designed. And I’ll be honest with you: it’s also exactly where most people […]
Where Does Your Life Insurance Premium Actually Go?
Where does your life insurance premium go? It’s one of the most common questions I get — and one of the most misunderstood. Ask it to the wrong person and you’ll get a technical answer about cost-of-insurance charges and general account crediting that leaves you more confused than when you started. But that’s probably not […]
Cash Value vs. Cash Surrender Value vs. Death Benefit
If you’ve ever stared at a life insurance policy statement and wondered why there are three different dollar amounts — cash value, cash surrender value, and death benefit — and which one is actually yours to use, you are asking exactly the right question. Most policyowners mix them up. This article will bring you some […]