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Article: Life insurance...and...trust? (Advertising Supplement: Executive Health).
- Article from:
- San Diego Business Journal
- Article date:
- April 14, 2003
- Author:
CopyrightCOPYRIGHT 2003 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Life insurance agents have long been distrusted advisors. They have earned their standing through a lack of professionalism, cheap sales tactics, and in certain circumstances, pure greed and dishonesty. It is no wonder, then, that they have managed to reduce one of the most dynamic and powerful financial instruments in the United States Tax Code...Life Insurance...to a "Risky Tax Scheme."
In the beginning, an insurance agent's purpose was to build trust and ensure the stability of the family unit. As a result, life insurance (the product) has helped millions of families retain their integrity and insure the future.
Death benefits have saved countless ...