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Missed Fortune – Separation of Capitalism and State

Posted on | April 15, 2009

The more the government interferes and tries to control the economy the more problems we will have.

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*Life insurance policies are not investments and, accordingly, should not be purchased as an investment

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Comments

4 Responses to “Missed Fortune – Separation of Capitalism and State”

  1. Jane
    April 20th, 2009 @ 6:09 pm

    What if someone has one of these contracts, however, it’s a shorter term, expiring this year, 9/09.

    What should be done?

  2. admin
    April 21st, 2009 @ 10:59 am

    What type of policy is it and why is it expiring?

    Chances are, you are talking about a term policy but in the end, it really depends on the type of insurance. If it is a fully funded maximum insurance contract, it wouldn’t expire this year. If it is minimum funded and there is only enough cash to keep the policy going until September, more cash could be put in to keep the policy going.

  3. Jane
    April 21st, 2009 @ 2:48 pm

    It’s a variable annuity w/the John Hancock company. I have read and read about these, but I still don’t understand them…

    What say you?

    Thanks!

  4. admin
    April 22nd, 2009 @ 8:24 am

    Just shoot me an e-mail at carl (at) missedfortune (dot) com with your phone number and I’ll have someone from the office give you a call to see if we can help.

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