Letters of Explanation

By Bill Boersma

For a long time, as I have been writing letters of explanation to my clients, I thought that many others have the same questions and I should simply publish anonymous versions of these letters so more people can take advantage of the explanations. As I was writing another letter today I figured there is no more reason to put this off. I'll name this section: Insurance Explanations from Bill. That's pretty descriptive I suppose. Hopefully you and your clients can benefit from this. As needed, feel free to forward one of my letters to a client if you feel it would be the easiest way to get something across. Or just steal my words and copy and paste them into your own letter. Whatever your pleasure. Thank you and enjoy your day.

Available Letters

Dear Policy Owner

A general letter of explanation to life insurance policy owners.

Whole Life vs. GUL

Comparing whole life insurance to guaranteed universal life policies.

Premium Financing

An explanation of premium financing arrangements and their implications.

Whole Life Term Blend

Understanding the blending of whole life and term insurance.

Donating a Policy to Charity

How to donate a life insurance policy to a charitable organization.

IUL Premium Financing Risk

The risks associated with financing premiums on indexed universal life policies.

Trustee Liability

Understanding trustee responsibilities and liability in life insurance trusts.

Policy Funding Options

Various options for funding life insurance policies.

Premium Financing 1

A foundational overview of premium financing strategies.