Guide to Avoiding Pits

Among the four major types of insurance, million-dollar medical insurance is both loved and hated. Some dislike its high deductible, where thousands in medical expenses go unreimbursed. Others appreciate its high coverage, reimbursing tens or even hundreds of thousands in treatment costs. In essence, million-dollar medical insurance helps individuals leverage minimal costs to access millions […]

Why do we say this? After evaluating the latest batch of fixed-rate life insurance products, we uncovered two truths that everyone should know. Let’s dive in. 1. The first truth: The returns are disappointingly low. Before the products were discontinued at the end of August, we spoke with product managers from several insurers and were