TITLE

REALITY CHECK: COMPARING LIFE INSURANCE ILLUSTRATIONS

AUTHOR(S)
Katt, Peter C.; Daily, Glenn S.
PUB. DATE
April 1993
SOURCE
Journal of Financial Planning;Apr93, Vol. 6 Issue 2, p78
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Policy illustrations can be an important tool for comparing life insurance products, but they also can be misleading. This article discusses how a standard actuarial pricing technique can be used to reach a preliminary judgment about the reason-ableness of an insurer's illustration and to raise questions for further review. It presents results for several cases and also discusses the risks of lapse-supported products.
ACCESSION #
5554857

 

Related Articles

  • Sharing Ownership Of Life Politics: An Alternative To Split Dollar. Young, Mary // National Underwriter / Life & Health Financial Services;5/14/2001, Vol. 105 Issue 20, p12 

    Considers sharing ownership of life insurance policy as an alternative to the split-dollar plan. Concerns regarding the taxation of the split-dollar plan; Advantages of sharing ownership of life policies; Example on how the sharing of a life policy can be achieved.

  • Choosing life insurance a tricky proposition. Israelov, Rhoda // Indianapolis Business Journal;7/3/95, Vol. 16 Issue 14, p31A 

    Presents answers to questions on managing one's finances. Tips on investing in government bonds; Life insurance rates.

  • Life insurance.  // Consumer Reports;Aug93, Vol. 58 Issue 8, p525 

    Part II. Rates 133 universal life and interest-sensitive whole-life policies which are both an insurance policy and a savings vehicle. The concept of universal-life insurance; The high premiums; `Guaranteed' and `current' values; `Target' premiums; Tricks of the trade; Best policies for the...

  • A Textbook Example. Jones, Chuck // Advisor Today;May2002, Vol. 97 Issue 5, p22 

    Presents a case example of the benefits of having a life insurance policy in the U.S. Background of the insurance client; Financial problems experienced by the client; Actions taken by the client to organize his financial affairs.

  • How Much Life Insurance Is too Much? Mangla, Ismat Sarah // Money;Nov2008, Vol. 37 Issue 11, p38 

    The article presents an answer to a man asking how much life insurance he should buy, given his personal financial circumstances.

  • Engaged? Ask some financial questions.  // Charlotte Post;1/2/2014, Vol. 39 Issue 17, p1B 

    The article presents some factors that should be considered by couples before their honeymoon to manage their finances well and live a happy and balanced life ahead in the U.S. as of January 2014 which include life insurance plan, home renovation investment, and automobile insurance plan.

  • Investment Commentary. Preston, James E. // Grand Rapids Business Journal;05/15/2000, Vol. 18 Issue 20, p33 

    Takes a look at the four stages of life insurance needs. Establishment of a solid foundation of life insurance coverage that protects the family; Re-evaluation of life insurance policy; Accumulation of money; Conservation stage.

  • Take your medicine. Haunty, Thomas A. // ABA Journal;Jan1994, Vol. 80 Issue 1, p80 

    Discusses for the procurement of life insurance. Purpose of the insurance; Determination of amounts needed; Calculation of after-death cash needs; Product; Comparison of prices; Evaluation of the integrity of the carrier behind the product.

  • Life Ins. Changes Receivables Into Assets. Wiley, Olin // National Underwriter / Life & Health Financial Services;5/8/2000, Vol. 104 Issue 19, p8 

    Discusses the problems of life insurers with unproductive receivables and high personal income-tax rates. How the issues affect the ability of professionals to set aside funds for future financial needs such as retirement income; Proposed planning strategy that will turn the receivables into...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics