This session would highlight surprising and underappreciated aspects of life insurance that even seasoned professionals miss.
Insurance expert Barry Flagg will reveal:
- Why published policy expenses often understate true costs.
- The hidden impact of carrier crediting strategies on client outcomes.
- The difference between illustrated performance and actual historical policy results.
- How life insurance interacts with broader planning (e.g., taxation of policy loans, trust-owned policies, policy management in retirement income planning).
Noteworthy: “CFP® Board Imposes Public Sanctions [for failing to] compare the internal costs of the policies” [because] “the task of evaluating life insurance policy quality, pricing competitiveness, or carrier strength … has largely been ceded to external insurance agents."
Source: Kitces.com