Life Insurance Library
Welcome to the TIA Library. Here you will find links to our patent(s), links to white papers authored by TIA Team Members, links to other white papers with relevance to Insurance Portfolio Management, links to articles and press releases written about TIA and the patented Confidential Policy Evaluator (CPE) System, links to books authored by TIA Advisory Board Members and friends of TIA, and other useful links for legal and fiduciary research.
We invite you to also read on to learn more about the fundamental workings of all life insurance policies, and encourage your suggestions.
Life Insurance 101
Despite a confusing variety of products and terms, insurance pricing is always based on three (3) components:
- Claims paid for death benefits, or Cost of Insurance (COI)
- Expenses associated with policy design and administration (E)
- Investment earnings (i%)
In other words, premiums are always based on this formula:
Premiums = COI + E - i%
Use the THEInsuranceAdvisor.COM to ask the right questions to know Cost of Insurance (COI) charges for a given policy compared to industry benchmarks, how Policy Expenses compare to Premium Loads, Fixed Administration Expenses and Cash-Value-Based "Wrap Fees" compare to industry benchmarks, and how assumed policy interest/earnings compare to a) historical returns for other products in the same peer group, b) historical rates of return for the asset classes into which cash values are invested, and c) historical rates of return for optimal allocation of cash values into asset classes most suitable to the overall investment strategy and risk/return objectives of the policyowner.