I thought this was a great article on life insurance

[Lloyds of Lubbock]

Now that I am retired I get to read a lot more.
I came across this and thought it would be good to share.
[EXTERNAL LINK] - Unbundled, untied & un-mutualized: The road to fiduciary

 

[Cornelius]

Wouldn't a fiduciary standard knock off production bonuses from companies and a term only mindset?

 

[scagnt83]

Now that I am retired I get to read a lot more.
I came across this and thought it would be good to share.
[EXTERNAL LINK] - Unbundled, untied & un-mutualized: The road to fiduciary

So do you feel life insurance sales are headed that way?

 

[scagnt83]

Wouldn't a fiduciary standard knock off production bonuses from companies and a term only mindset?

No. It would just force the disclosure of receiving a production bonus from Carrier A vs. no bonus from Carrier B.

And certainly not on the term. It would actually force the term slingers to review and engage in the bigger picture financially for the client.

 

[toolbelt]

No. It would just force the disclosure of receiving a production bonus from Carrier A vs. no bonus from Carrier B.

And certainly not on the term. It would actually force the term slingers to review and engage in the bigger picture financially for the client.

It would also put some term-only insurers out of business....if they weren't allowed to bury fine print on page 47.