When helping a client implement third-party ownership of a life policy with an LTC or chronic illness rider the client must be pressed to get the advice of a tax advisor.
Read More...
Existing reserving formulas have been the same since before the original roaring 20s. Time for an upgrade, I’d say. The new PBR considers the vastly upgraded and diverse products available to clients today, ensuring that carriers reserve appropriately for each policy block needed to pay future claims.
Read More...
