We are a family owned business working in the financial services industry, located in Boca Raton, Florida. We specialize in helping high net worth and ultra high net worth individuals, families and businesses. Our areas of expertise revolve around life insurance and annuities, since both are are integral planning tools for retirement planning, succession planning and wealth transference.
We have developed many special relationships with our clients and it is gratifying to know we have brought important solutions and security to their families. The work we do and the way we do it has certainly changed over the years. Gone are the days of "cold calling" and knocking on stranger's doors.
We have developed many special relationships with our clients and it is gratifying to know we have brought important solutions and security to their families. The work we do and the way we do it has certainly changed over the years. Gone are the days of "cold calling" and knocking on stranger's doors.
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This information is intended for responsible life insurance owners who have responsibly purchased all the life insurance they want or need. The focus of this article emphasizes the wisdom of getting better coverage than what you have now and the justification behind it. This article IS NOT another one targeting smart insurance consumers about why they should own life insurance.
If you're in good health, you have much better options to consider before converting an inforce term insurance policy. For healthy people, converting is usually the option of last resort, but there are exceptions. First, you have to know the actual conversion deadline but more than 90% of term insurance owners do not understand the conversion options, or the deadline.
Although annuities and investments are not the same things, there are important differences and similarities between them:. Other than variable annuities, 100% of the principal and the growth of an annuity is guaranteed, no matter what. Even when the stock market was down 40% in 2007 and 35% in 2020, annuity contracts were protected and no principal was lost.
Permanent life insurance (sometimes referred to as whole life insurance) offers much better value for life insurance buyers who can afford the higher premiums in the early years. This allows them to benefit from the much better net cost which is the true measure used to determine which type of life insurance has the lowest cost.
The majority of our new clients have life insurance and annuities when we meet them. People are often surprised to learn they are not paying the lowest premiums and they're also surprised by how much innovation has occurred since they last bought coverage. The addition of living benefits is a great example of a fundamental change to life insurance coverage that is here to stay.
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