2nd to Die SUL
An interesting solution using Hancock’s 2nd to Die SUL. This is one of the few products we have seen that has really stood out in a market where guaranteed products are consistently re-priced in a negative manner. The Protection UL provides a...
Maximize Client Protection
Property and casualty insurance agencies play an important role in protecting people and businesses against the financial losses associated with accidents and natural disasters. While these types of insurance are crucial, they don't address one of...
Life Insurance Fraud?
Life insurance fraud is a criminal act in which an individual or group of individuals intentionally deceives an insurance company in order to receive a financial benefit or payout from a life insurance policy. This can occur in a variety of ways,...
Key Man Life Insurance: An Important Business Protection Tool
Key man Company life insurance is a life insurance policy that a company purchases on the life of an owner, a top executive, or another employee that is critical to the operation of the business. The business owns the policy and is the beneficiary....
Things to Look for When Doing Policy Reviews
You recognize the importance of knowing what your clients are passionate about in their lives. It is also critical that you are kept informed of any changes in their family, career, or finances. Part of your ongoing due diligence should include...
LifeLinc – Leveraging qualified plan for Wealth Transfer
Do you have any clients with the bulk of their wealth in qualified plans such as 401(k), 403(b), or 457? Do these same clients have children? And is leaving money to them a priority?With the SecureAct eliminating stretch IRA’s, leaving...
Diabetes, a special program
How many times do we encounter clients with small health issues, who want some form of life insurance coverage? It happens all the time. Diabetes, as an example, is one health issue that arises more often than not, and can sometimes...
RMD rules and ideas for using RMD’s
Clients need to start taking RMD’s by April 1st of the year after they reach age 72. This is the new rule that is in effect. For those clients that have accumulated a good deal of assets, this could mean taking required minimum distributions that...
Life Insurance can Help Your Retirement Planning
Buying the right life insurance coverage with your future retirement in mind can make it easier for your family to handle finances when you die. It can also help protect your money, manage your taxes and give you the opportunity to grow cash value...
The Importance of Term Conversions & Tips
A term conversion is a contractual obligation a client has, to convert his or her term policy to that specific carrier’s permanent product(s) without having to go through underwriting again. Each carrier has its own specific rules for term...
THE THOMPSON AGENCY
235 Mountain Road #609
Suffield, Connecticut 06078
800.842.8289 | 860.693.4999
Fax: 860.693.4547
