San Diego, California (PRWEB) December 27, 2011
David Jacob, a specialist in Business Life Insurance and also a Partner of the San Diego Life Insurance firm Grant, Hinkle and Jacobs issued his life insurance recommendations for the upcoming 2012 year. According to David Jacobs, a period review of life insurance is critical.
"As we enter 2012, it’s a time of great uncertainty for millions of Americans,” says Jacobs. “Our goal is to help consumers manage their life insurance needs, make informed decisions, get better deals and plan ahead. The beginning of the year is a great time to jump-start your planning and insurance strategies.”
Life insurance expert David Jacobs has published several easy to follow free articles that provide advice to help you get your life insurance needs on track as we enter 2012. Economic times are tough and finding the right answers to very basic questions can be tricky, not to mention expensive. Expert insurance advice often comes with a hefty price tag. The ghjinsurance.com website helps consumers find the insurance information they need and also information for philanthropic planning and business succession planning.
Periodic Review of Life Insurance is Critical
-Underlying assumptions on which a policy is based may vary over time.
-Products are becoming increasingly more competitive and people are living longer.
-Proper policy ownership and design is as important as pricing.
Existing Coverage Must Be Reviewed Regularly
-Life insurance is an asset, its performance should be monitored.
-Situations can change, making life insurance flexibility very important.
Lower Interest Rates Impact The Performance Of Many Life Insurance Policies.
-Interest rates are one of the key assumptions for fixed permanent products and they have been well below historic averages for some time.
-The result is that many fixed policies are not performing as intended, and if left unattended, some policies will lapse.
About Grant, Hinkle, & Jacobs
Grant, Hinkle, & Jacobs, Inc. began as Wealth Transfer Planning, Inc., which was founded in 1985 in Los Angeles, California by Andrew Westhem. Cory Grant joined Andrew after completing law school in late 1992. By 1997, the organization had expanded its national presence as a premier resource for estate planning and business succession advice and the Westhem Grant Group was formed. In 2000, Cory and Andrew identified two rising stars in Scott Hinkle and David Jacobs. Scott as a native of Orange County and David as a native of Marin County, added to the firm’s depth and helped it to expand its client base throughout California while maintaining its dedication to client service.
In 2004, Andrew and Cory implemented a succession plan and Scott and Dave bought into the firm, vesting their shares in 2006 as equity partners. By the time of Andrew’s passing in 2006, the company had implemented a comprehensive approach to asset protection, wealth transfer planning, and business succession planning for hundreds of clients across the country. In 2008, the firm was renamed Grant, Hinkle & Jacobs, Inc. and continues to be one of the “go to” resources for wealthy families, business owners, and planning professionals around the country.