Carrier ratings offer insight into a life insurer’s financial strength and claims-paying ability—critical factors when evaluating long-term policy performance.
Policy Valuation: A Guide to Establishing Fair Market Value
Fair market value plays a critical role in life insurance policy transfers and taxation. This guide outlines key valuation methods and important considerations.
Trust-Owned Life Insurance: Managing Fiduciary Risk
Trust-owned life insurance has long been treated as a “set-it-and-forget-it” asset—but today’s economic realities demand more active, informed management.
Disability Insurance Awareness Month: Why DI Right Now?
Why DI right now? As high-income earners reach peak earning years, they may not realize the risk of disability increases as they age and become vulnerable to forced early retirement. This heightened risk occurs during a time that is crucial for focusing on increasing savings and investments and lessen risk to those assets with a comprehensive income protection plan.
Resiliency of the U.S. Life Insurance Industry
In troubled times, the public has relied on the life insurance industry to steady the course. And with good reason.
Tenzing Perspectives: 1035 Exchanges – What You Need to Know Before Making a Change
A 1035 exchange allows you to replace an existing life insurance policy with a new one. This provision, under Section 1035 of the Internal Revenue Code, allows policyholders to transition into policies that better meet their financial goals while maintaining the tax-deferred status of their accumulated cash value.
Tenzing Perspectives: Enhancing Client Outcomes – Essential Considerations for a 1035 Exchange
A 1035 exchange is a strategic financial planning tool that allows policyholders to replace an existing life insurance policy with a new one while maintaining tax-deferred status. This provision under Section 1035 of the Internal Revenue Code offers significant opportunities for policyholders to improve their coverage, reduce costs, and enhance financial planning strategies. However, executing a 1035 exchange requires careful consideration to ensure that the transaction is in the client’s best interest and adheres to regulatory standards.
Tenzing Perspectives: Improve Your Life Insurance
Your life insurance policy may have served you well at the time it was purchased, but policies—and your needs—change over time. At Tenzing Insurance Strategies, we specialize in reviewing existing life insurance policies to determine if improvements are available. Whether your goal is to reduce costs, enhance policy features, or address specific concerns, a policy replacement may be the right path.
This whitepaper explores why replacements are possible, highlights potential improvements, and shares real-life examples of how other clients have improved their policies.
Tenzing Perspectives: Underwriting Life Insurance for Individuals with Prior Health Issues
For years, many high-net-worth clients with complex health histories faced challenges in obtaining life insurance—compromising key estate and wealth transfer strategies. But the landscape has changed.
Tenzing Perspectives: Obtaining Life Insurance with a Health History
A decade ago, obtaining life insurance with a medical condition was often difficult—sometimes impossible. But things have changed. Advances in medical science and underwriting mean that more people qualify today than ever before.