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Insurance

Thinking of Letting Your Term Life Policy Expire?

Why Not Turn it Into cash? By Kevin Yurkus, President, Fairway Capital Chances are you have owned a term life insurance policy for years. You probably purchased the policy to provide for a beneficiary after your death. However, for many term life insurance policyholders, the purpose and value of the policy begins to change with each passing [...]

When Life Insurance Becomes Wealth Insurance

How you can use your policy to help generate cash in a tough market. By Kevin Yurkus, President, Fairway Capital It’s a mad, mad, mad, mad world on Wall Street these days, and unless you’ve been buried under a veritable avalanche of rock for the last several months, you’re undoubtedly painfully aware of just how much damage [...]

Five Common Estate Planning Mistakes

by Kevin Yurkus, President, Fairway Capital You may not consider yourself to be rich, but if you have an estate in excess of $2 million, you certainly need an estate plan. Here are five common mistakes that are made in relation to estate plans, along with simple solutions to avoid them. Mistake #1: Not [...]

‘Paid-Up’ Life Insurance — Is It Really A Good Deal?

By Kevin Yurkus — President, Fairway Capital You think you have a great deal with your “paid-up” life insurance? Well, guess again. What you don’t realize is that you’ve created a “dead asset” (no pun intended) that will not likely grow to keep pace with inflation or your changing estate planning needs. What [...]

Your Term Policy Could Be A Gold Mine

By Kevin Yurkus, president of Fairway Capital If you’re like me, you probably have a cheap term life insurance policy. In most cases, our term policies expire without paying a benefit. When the term is up, we simply allow our policies to cancel. We think, “What other option do we have?” Well, think [...]