David H. Kinder, RFC®, ChFC®, CLU®
Myth #18: Act of War, War Exclusion Clauses with Life Insurance
There is a myth out there that life insurance companies may not pay out a death benefit in the event a soldier dies in the line of duty...
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David H. Kinder, RFC®, ChFC®, CLU®
May 18, 20223 min read
Myth #17: "Just Invest the same way that insurance companies do... without the costs!"
One common response or objection to life insurance and annuity insurance contracts is that, because they have various expenses or...
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David H. Kinder, RFC®, ChFC®, CLU®
Dec 20, 20213 min read
Myth #16: "I'm going to be in a lower tax bracket when I retire." Understanding RMDs
This is a common phrase that I hear from traditional planners, advisors, CPAs, and attorneys. Here's what's interesting about this...
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David H. Kinder, RFC®, ChFC®, CLU®
Nov 19, 20202 min read
Myth #15: Whose Money Is It Anyway?
I talk to insurance agents and financial advisors all over the country. On more than one occasion as we discuss various retirement...
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David H. Kinder, RFC®, ChFC®, CLU®
Nov 6, 20202 min read
Myth #14: Never mix investments with insurance
For today's article, I want to talk about something that I'm seeing as an ongoing trend. Large insurance companies that were offering...
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David H. Kinder, RFC®, ChFC®, CLU®
Jan 14, 20203 min read
Life Insurance Myth 4b: "I can get cheaper whole life with 'vanishing premiums'."
This post is an extension of my previous post regarding UL/IUL ongoing expenses, and I primarily talked about the funding levels being...
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David H. Kinder, RFC®, ChFC®, CLU®
Dec 7, 20193 min read
Myth #13: Insurance Companies Engage in Fractional Reserve Lending
Today, I got into a strange conversation with someone who *claimed* to teach life insurance in Canada for 10+ years. I say *claimed*...
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David H. Kinder, RFC®, ChFC®, CLU®
Dec 3, 20196 min read
Myth #11: Does Mutual Really Matter? Yes and No
A common refrain heard throughout the mutual company sales forces is "mutual matters". This obviously serves these companies' agenda to...
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David H. Kinder, RFC®, ChFC®, CLU®
Nov 26, 201910 min read
Rebuttal to "Stay Away from these Scam Artists"
I wasn't really planning on doing this. I was going to try to "let it go" (everybody sing along!)... but I couldn't. The writing...
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David H. Kinder, RFC®, ChFC®, CLU®
Nov 11, 20191 min read
Your IRS Regulated Plan Contribution is NOT a Tax Deduction!
If you've read my last blog post (Link here: https://www.davidkinderfinancial.com/post/will-your-advisor-pass-this-ira-test)... you know...
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David H. Kinder, RFC®, ChFC®, CLU®
Nov 11, 20193 min read
Will YOUR Advisor Pass this IRA Test?
I have a lot of agents and advisors that read my blog, so I'm sure this will get some interesting thoughts and comments on social media....
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David H. Kinder, RFC®, ChFC®, CLU®
Oct 22, 20193 min read
Myth #8: Life Insurance Is NOT An Investment
This myth is born out of over-bearing and over-cautious insurance and financial services compliance departments (and those who only...
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David H. Kinder, RFC®, ChFC®, CLU®
Oct 16, 20193 min read
Myth #7: The Theory of Decreasing Responsibility
This is an interesting 'myth' because it makes a lot of common sense. If life insurance is always seen as a cost and if you can...
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David H. Kinder, RFC®, ChFC®, CLU®
Oct 14, 20194 min read
Myth #6: Dividends Are Just A Return Of Unused (Overcharged) Premium
And here's another myth to be busted. "Dividends are just a return of unused (overcharged) premium." This is a myth perpetuated by...
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David H. Kinder, RFC®, ChFC®, CLU®
Aug 15, 20191 min read
Myth #5 Why is there a savings component to life insurance? My car insurance doesn't do that!
From a book I read many years ago, the argument was made - "Why is there a savings component to life insurance? My car insurance doesn't...
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David H. Kinder, RFC®, ChFC®, CLU®
Aug 15, 20195 min read
Myth #9 - Paying to Borrow My Own Money is a Scam!
This is another misconception about cash value life insurance that floats around out there, so allow me to help clarify this. If we look...
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David H. Kinder, RFC®, ChFC®, CLU®
Feb 5, 20193 min read
Spreading Myths Simply Pays More
In a private Facebook group for insurance professionals, after I shared my article on debunking the myth that the insurance company keeps...
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David H. Kinder, RFC®, ChFC®, CLU®
Nov 2, 20188 min read
DING, DING, DING! WE HAVE A WINNER!
It's quite rare lately that I find an article about almost ALL the myths surrounding life insurance in one place... but today, I have...
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David H. Kinder, RFC®, ChFC®, CLU®
Oct 17, 20185 min read
Life Insurance Myth #4: The costs of insurance in a UL or IUL policy will grow too expensive.
This myth comes from those who believe that whole life insurance is the ONLY cash value life insurance policy one should own... because...
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David H. Kinder, RFC®, ChFC®, CLU®
Oct 14, 20182 min read
Life Insurance Myth #3: You are worth more dead than alive with life insurance
Today, let's talk about the "windfall" that life insurance creates. Or rather, how it is NOT a "windfall" at all. Insurance companies are...
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David H. Kinder, RFC®, ChFC®, CLU®
Sep 24, 201810 min read
F.A.Q. #12 - Buy Term and Invest the Difference ALWAYS wins... (sort of)
Well, this headline and pic should get plenty of attention on my LinkedIn and Facebook channels! I decided to do a series of posts on...
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David H. Kinder, RFC®, ChFC®, CLU®
Sep 22, 20189 min read
Myth #2: Agents ONLY sell cash value policies for the commissions
This myth is an interesting one. And this myth strikes at the core of how ethical one’s profession and conduct really is. Is the life...
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David H. Kinder, RFC®, ChFC®, CLU®
Sep 22, 20187 min read
Myth #1: "The Life Insurance Company Keeps My Cash Values When I Die"
First, I’m going to start with a rant and then show some understanding. The training in the life insurance profession is severely...
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David H. Kinder, RFC®, ChFC®, CLU®
Jul 27, 20181 min read
Myth #10 - You Don't Need Life Insurance on Your Children
Critics of those who sell life insurance on children often say that it's an unnecessary expense. "After all, they aren't making any...
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