Insurance and Annuity Plans Need Flexibility

July 25, 2023 by Allison Bell

Clients need life insurance policies and annuities that will suit who they are in the future, not just today.

Paul Wetmore, a financial services industry consultant at Gerson Lehrman Group, gave that advice earlier this week in an email interview.

“Some products have built-in flexibility,” Wetmore said. “Others can be packaged with additional features to add flexibility.”

The best planners look for ways to build in mechanisms that can accommodate clients’ changing needs, Wetmore said.

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Originally Posted at ThinkAdviso on July 19, 2023 by Allison Bell.