Financial advisors that have studied the capabilities and performance of the insurance and investment companies they represent have known for a long time that developing the foundation for a successful personal economy demands the use of the most powerful, flexible, versatile and secure financial tool in the advisors tool belt…participating whole life insurance from a mutual life insurance company.  This class of product has been call the “Swiss Army knife of Financial Products.”

It appears the rest of the financial community is awakening to this fact also.  see the Forbes Article below…

OutFront
Mutual Respect
Bernard Condon and Daniel Fisher 12.22.08, 12:00 AM ET

Mutual Life insurers are stuck in the mud. If you’ve pizzazz, you work for a stockholder-owned insurer. That was the refrain from stock insurers a few decades ago.

Without the shareholders’ lash to whip them into shape and stock with which to buy rivals, policyholder-owned insurers were sure to get crushed by publicly traded rivals. So went the argument, and so began a flight from mutual ownership that included such stalwarts as Equitable, Prudential and Metropolitan.

Read the whole article here – Who’s sneering now?

Policy Differences
Economic tumult aside, top mutually owned insurers have increased book values this year. Not so their public rivals.

*Statutory surplus and capital as of Sept. 30. **Surplus and capital at each insurer’s biggest operating subsidiar Source: SNL Financial.

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