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204-A Behind-the-Scenes Look Into High-Risk Life Insurance Underwriting: Interview with Todd Simpson CLU, ChFC from The Stamm Agency

Radical Personal Finance

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The Evolution of Life Insurance

This chapter recounts a speaker's journey into the life insurance industry, starting from an unexpected opportunity at a social event. It explores the significant technological and market changes in life insurance underwriting and policy options from the 1980s to present day, highlighting the rise of universal life insurance. The discussion also reflects on how these shifts have affected the relationships between clients and agents over the decades.

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