Peter Katt CFP, LIC, is sole proprietor of Katt & Co., a fee-only life insurance advising firm located in Kalamazoo, Michigan (269/372-3497); www.peterkatt.com.


Discussion

Susan from Wisconsin posted over 3 years ago:

Anyone buying life insurance can save the equivalent of two annual premiums by using a fiduciary advisor like Mr. Katt.

Why buy retail pitches from life insurance agents when wholesale policies are just an email away.

Katt deserves to be enshrined in the financial hall of fame for the wonderful work he has done for those fortunate enough to have retained his services either directly or through other advisors


Charles from Alabama posted over 3 years ago:

Unfortunately, during the "heyday" of variable appreciable life insurance policy sales by large companies in the 1970's and 1980's, there were few around to explain the (in retrospect) obvious risk of these policies. They were flawed policies with ever increasing insurance costs and variable (read that insufficient) returns and high costs which any return available to a captive investor audience in the family of insurance company managed funds could support. Short of simply cancelling these policies for the cash values in them at present, are there any strategies which might rescue those policies at this late date?
Charles from Alabama


Robert from Texas posted over 3 years ago:

What's the downside of canceling for cash value a 30 year old paid up universal life policy?


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