What do you really know about the life insurance industry? Do you know who the largest life insurance companies are and if their reputations are supported by a strong financial foundation?
We like to be upfront and build relationships with clients who trust us for our integrity and honesty.
This is why we feel obligated to let you know some of the secrets that life insurers don’t like to advertise.
How Do Life Insurance Companies Make Money?
Life Insurance is BIG business and as of 2017, there were a total of 781 individual life insurers.
How much money does this translate into? In 2017, life insurers took in $137.1 Billion dollars in premiums along with an additional whopping $287.2 Billion Dollars for annuity premiums and deposits.
Clearly, life insurers earn huge profits from consumer expenditures.
You work hard for your money. And, because you need life insurance to protect your family with a financial safety net, here are some life insurance secrets you need to know so you can be a savvy consumer.
5 Life Insurance Secrets They Don’t Want You To Know
We are going to tell you about 5 secrets that life insurance companies don’t want you to know.
They may surprise you…
Permanent Life Insurance Is Not a Good Investment
They tout the