Life Insurance GlossPinion
The One!  The Only!  The Original!

  "What is a 'glosspinion'?"
  It is just as the name implies, part glossary and part opinion.

  "How do I tell the difference?"
  It's easy!  You read the definition and judge for yourself.

Use this handy scale:   
Your  Judgment
Rich's  Accuracy
You already know what is being described and agree with my astute insight.
brilliant!
 
 95% fact,  5% opinion
You did not know, but it makes sense.
likely
 
 75% fact, 25% opinion
You have no idea what I am talking about.
yin
yang
 50% fact, 50% opinion
You did not know, but it does not quite jive with your understanding of the universe.
 
doubtful
 25% fact, 75% opinion
You disagree with my ignorant, misleading, and one-sided analysis.
 
propaganda!
  5% fact, 95% opinion
Understand:  this is The GlossPinion.  The Satyrs of Satire have demanded that I overstate my case in emphasizing certain points.  For the sake of art, I do so unabashedly.  If you disagree with me, get in line (unless of course you are British, in which case you may get in queue).
If you would rather have a straight definition, try here.
Or choose your own glossary at the Glossarist.

IMPORTANT  NOTICE

The only life-insurance topic in which I claim any expertise whatsoever is my own personal, participating, Whole Life policy from New York Life.  The further afield any of the below definitions get from that, the more likely they are to contain outright misinformation in addition to the opinion element.  Please, DO NOT MAKE ANY DECISIONS BASED ON WHAT YOU READ ON THIS SITE.  Go to my links page if you want to gather information from true experts.  The Visible Policy site does try to be balanced and accurate, but here I am just a crazy guy standing on a soapbox.

Words  and  Phrases
1035 exchange
agent
annuity
bank-owned life insurance
BTID
cash value
churning
commission
corporate-owned life insurance
death benefit
demutualization
demutualization "fairness"
dividend
dividend policy
endowment
excess credits
fee-only financial consultant
full demutualization
guaranteed cash value
glosspinion
hp12c
lapse-supported pricing
modified endowment contract
mutual holding company
mutual insurance company
mutuality
mutualization
non-participating policy
opissary
participating policy
permanent insurance
Prudential Case Study
separate account
Single Premium Life
sponsored demutualization
T+I
Term Insurance
trust-owned life insurance
twisting
Universal Life Insurance
Variable Life Insurance
Variable Universal Life Ins.
Whole Life Insurance
Terms in bold make up the GlossPinion's Demutualization Annex.
Italicized terms were coined by me and listed below.
The main page contains all other terms.

  • glosspinion
    A list of definitions which has been clearly labeled as to be part glossary and part opinion.  It should not be confused with an opissary.

  • opissary
    A list of definitions which represents itself as being factual, but actually presents bias of one sort or another.  This can be subtle, as in not including words the author feels would weaken his case.  Or it can be outright propaganda, pushing an agenda important to the author.  If the list is clearly presented as containing opinion, then it is something else, a glosspinion.

  • T+I
    My acronym for buy "Term and Invest" the difference.  I didn't know BTID was already in common use.
¿WHYA REYO UREA DING THIS?

Main Page     (^ top)     Demutualization Annex

published 2001-07-01
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last modified 2010-11-21
2001-2010 by Rich Franzen

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