3 reasons life insurance should be viewed as an asset

July 29, 2014 by Jordan Smith

One of the more challenging aspects of advising clients about life insurance is helping them to recognize that life insurance is an “asset,” rather than an “expense.” For many people, this view is a bit of a foreign concept in a world where other types of insurance (auto, homeowners, health and liability, just to name a few) merely reimburse the policyholder for a contemporaneous, out-of-pocket, economic loss that the policyholder hoped would never occur – leaving the policyholder in the same economic position as he or she was in before the loss took place. Click here to read…

Originally Posted at LifeHealthPro on July 28, 2014 by Jordan Smith.