Banner Life Insurance

Banner Life Insurance Company Review updated for 2019

Banner Life is also known as Legal and General. and they do business in the state of New York. as William Penn Life Insurance. Banner Life is headquartered in Urbana, Maryland and the company is owned by Legal and General America. Banner Life Insurance Company has been in the insurance industry for over 60 years.  In.. More

retirement planning

Six Reasons to use IUL in Retirement Planning

There are several different kinds of life insurance plans on the market. Each type has its own advantages and disadvantages that you should take note of when you’re shopping for coverage. Although only in the marketplace for about twenty years, new policy sales of Indexed Universal Life (IUL) insurance has grown to over $2.1 billion.. More


IUL Insurance Policies | All You Need To Know

Many of our clients today are looking for ways to use indexed universal life (IUL) as a way to build a tax-free income stream during retirement, save for college, or have cash in hand during an emergency.  So let me dig in and explain some of the advantages and disadvantages of an IUL policy. According.. More

lifetime economic acceleration process

Lifetime Economic Acceleration Process | LEAP

Accumulating wealth for retirement can be stressful and confusing, there’s no doubt about it. Research reveals differing opinions, pros and cons, and scam declarations, with many articles pitching a product in the author’s conclusion. How do you know what you don’t know? We’ve previously discussed Look before you LIRP, the Power of Zero, the Volatility.. More

life insurance no medical exam

Life Insurance No Medical Exam No Waiting Period

In order to qualify for life insurance, you will have to go through a health underwriting process. Typically, the companies that offer the lowest rates will require a medical exam and possibly even a blood/urine test. For most companies, the tests they require are based on the applicant’s age and the amount of coverage requested… More


What is Indexed Universal Life?

Table of Contents A Complete Guide to Indexed Universal Life InsuranceWhat is Indexed Universal Life? Here is a quick video:Indexed life policies contain annual reset designA few items to be aware of are:Loans from your policy are income tax-freeHow An Indexed UL Policy Can Provide Tax-Free IncomeGuaranteed Indexed Universal Life InsuranceWhat about Living Benefits?Who should Consider.. More

deferred compensation plans

Deferred Compensation Plans for Business Owners

Whether you own a small, medium, or a large business, in today’s economy finding and keeping the best employees can be difficult. All business owners would like to believe that providing a great work environment where everybody enjoys working should be enough to hire and retain qualified employees that want to grow in your business.. More

life insurance trust

Do I need a Life Insurance Trust?

If you’ve ever thought about retirement planning or purchased life insurance from a reputable agent or financial planner, chances are that “Life Insurance Trust” may have been part of the conversation. Although most people set up a trust as part of their estate planning, there are other reasons a trust would be financially beneficial to.. More

premium deposit account

What is a Premium Deposit Account?

A Premium Deposit Account (also referred to as premium deposit fund) was designed for life insurance applicants who want to deposit a considerable amount of money in a life insurance policy that will earn interest and eliminate the possibility that the insurance policy could become a modified endowment contract (MEC). Since the PDA is a.. More