Very compelling explanation. Really impressed with LOMA's education methodology and tools of illustration. Hope that this can help more people in the life insurance industry for their deeper understanding and insight of the business.
During the period of financial turmoil, there are far more policyholders select termination or loan of in-force policies, which have substantial cash value to pay for immediate debts or family expenses. This situation will help insurance companies to lower its liabilities, and be reflected as increase of profit end of financial year. Therefore, insurance stocks are one good option of preserving wealth too.
A new observation, very unique angel of insight.
Earning the FLMI or just taking an individual course is the best way to prepare for a successful career in the life insurance industry!
Jeff Hasty, FLMI, ACS
Very informative and easy to understand
Very interesting and informative.