Conventional wisdom might be that everyone needs life insurance. Interestingly, the first form of life insurance was burial clubs back in ancient Rome. In fact, a more appropriate name for this product might be “death” insurance. As you can imagine that name wouldn’t sell well. We all hope it a policy that is never used! […]
Can You Trust Your Life Insurance Agent? Your life insurance agent is biased. How do I know? I used to be one. Not only is your agent biased, I can attest to the fact that it is unavoidable. There’s something called a “conflict of interest” that the Freakonomics guys wrote about in the section about […]